IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v64y2014icp172-186.html
   My bibliography  Save this article

Multi-level investment planning and scheduling under electricity and carbon market dynamics: Retrofit of a power plant with PCC (post-combustion carbon capture) processes

Author

Listed:
  • Khalilpour, Rajab

Abstract

This paper addresses four levels in carbon management decision-making: government, enterprise, plant, and process. Robust decision-making at any level requires consideration of the constraints and requirements of other levels. The focus of the paper is the enterprise level, when a power generating company wishes to develop its long term carbon management strategy. The carbon reduction option is solvent-based PCC (post-combustion carbon capture), which has been discussed as the most accessible option for CCS (carbon capture and storage) objectives. The company desires to know whether/when/how to invest in PCC processes in order to satisfy government emission reduction regulations while achieving the maximum economic benefits over the planning horizon.

Suggested Citation

  • Khalilpour, Rajab, 2014. "Multi-level investment planning and scheduling under electricity and carbon market dynamics: Retrofit of a power plant with PCC (post-combustion carbon capture) processes," Energy, Elsevier, vol. 64(C), pages 172-186.
    • Handle: RePEc:eee:energy:v:64:y:2014:i:c:p:172-186
    DOI: 10.1016/j.energy.2013.10.086
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544213009535
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2013.10.086?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Budzianowski, Wojciech M., 2012. "Target for national carbon intensity of energy by 2050: A case study of Poland's energy system," Energy, Elsevier, vol. 46(1), pages 575-581.
    2. Mondal, Monoj Kumar & Balsora, Hemant Kumar & Varshney, Prachi, 2012. "Progress and trends in CO2 capture/separation technologies: A review," Energy, Elsevier, vol. 46(1), pages 431-441.
    3. Harkin, Trent & Hoadley, Andrew & Hooper, Barry, 2012. "Using multi-objective optimisation in the design of CO2 capture systems for retrofit to coal power stations," Energy, Elsevier, vol. 41(1), pages 228-235.
    4. Mokhtar, Marwan & Ali, Muhammad Tauha & Khalilpour, Rajab & Abbas, Ali & Shah, Nilay & Hajaj, Ahmed Al & Armstrong, Peter & Chiesa, Matteo & Sgouridis, Sgouris, 2012. "Solar-assisted Post-combustion Carbon Capture feasibility study," Applied Energy, Elsevier, vol. 92(C), pages 668-676.
    5. Mofarahi, Masoud & Khojasteh, Yaser & Khaledi, Hiwa & Farahnak, Arsalan, 2008. "Design of CO2 absorption plant for recovery of CO2 from flue gases of gas turbine," Energy, Elsevier, vol. 33(8), pages 1311-1319.
    6. Burton, Ellison S. & Sanjour, William, 1970. "A simulation approach to air pollution abatement program planning," Socio-Economic Planning Sciences, Elsevier, vol. 4(1), pages 147-159, March.
    7. Pfaff, I. & Oexmann, J. & Kather, A., 2010. "Optimised integration of post-combustion CO2 capture process in greenfield power plants," Energy, Elsevier, vol. 35(10), pages 4030-4041.
    8. Hammond, G.P. & Akwe, S.S. Ondo & Williams, S., 2011. "Techno-economic appraisal of fossil-fuelled power generation systems with carbon dioxide capture and storage," Energy, Elsevier, vol. 36(2), pages 975-984.
    9. Vlachou, Andriana & Vassos, Spyros & Andrikopoulos, Andreas, 1996. "Energy and environment: Reducing CO2 emissions from the electric power industry," Journal of Policy Modeling, Elsevier, vol. 18(4), pages 343-376, August.
    10. Khalilpour, Rajab & Karimi, I.A., 2012. "Evaluation of utilization alternatives for stranded natural gas," Energy, Elsevier, vol. 40(1), pages 317-328.
    11. Kang, Charles A. & Brandt, Adam R. & Durlofsky, Louis J., 2011. "Optimal operation of an integrated energy system including fossil fuel power generation, CO2 capture and wind," Energy, Elsevier, vol. 36(12), pages 6806-6820.
    12. Muis, Z.A. & Hashim, H. & Manan, Z.A. & Taha, F.M. & Douglas, P.L., 2010. "Optimal planning of renewable energy-integrated electricity generation schemes with CO2 reduction target," Renewable Energy, Elsevier, vol. 35(11), pages 2562-2570.
    13. Hannah Chalmers & Jon Gibbins & Matt Leach, 2012. "Valuing power plant flexibility with CCS: the case of post-combustion capture retrofits," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 17(6), pages 621-649, August.
    14. Davison, John, 2007. "Performance and costs of power plants with capture and storage of CO2," Energy, Elsevier, vol. 32(7), pages 1163-1176.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fu, Kun & Liu, Chenxu & Wang, Lemeng & Huang, Xiayu & Fu, Dong, 2021. "Performance and mechanism of CO2 absorption in 2-ethylhexan-1-amine + glyme non-aqueous solutions," Energy, Elsevier, vol. 220(C).
    2. He, Senyu & Yin, Jianhua & Zhang, Bin & Wang, Zhaohua, 2018. "How to upgrade an enterprise’s low-carbon technologies under a carbon tax: The trade-off between tax and upgrade fee," Applied Energy, Elsevier, vol. 227(C), pages 564-573.
    3. Aliyon, Kasra & Rajaee, Fatemeh & Ritvanen, Jouni, 2023. "Use of artificial intelligence in reducing energy costs of a post-combustion carbon capture plant," Energy, Elsevier, vol. 278(PA).
    4. Longfei He & Chenglin Hu & Daozhi Zhao & Haili Lu & Xiaoxi Fu & Yiyu Li, 2016. "Carbon emission mitigation through regulatory policies and operations adaptation in supply chains: theoretic developments and extensions," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 84(1), pages 179-207, November.
    5. Brodrick, Philip G. & Kang, Charles A. & Brandt, Adam R. & Durlofsky, Louis J., 2015. "Optimization of carbon-capture-enabled coal-gas-solar power generation," Energy, Elsevier, vol. 79(C), pages 149-162.
    6. Kang, Charles A. & Brandt, Adam R. & Durlofsky, Louis J. & Jayaweera, Indira, 2016. "Assessment of advanced solvent-based post-combustion CO2 capture processes using a bi-objective optimization technique," Applied Energy, Elsevier, vol. 179(C), pages 1209-1219.
    7. Perevertaylenko, Olexander Yu. & Gariev, Andriy O. & Damartzis, Theodoros & Tovazhnyanskyy, Leonid L. & Kapustenko, Petro O. & Arsenyeva, Olga P., 2015. "Searches of cost effective ways for amine absorption unit design in CO2 post-combustion capture process," Energy, Elsevier, vol. 90(P1), pages 105-112.
    8. Yang, Yu & Liu, Jing & Shen, Weifeng & Li, Jie & Chien, I-Lung, 2018. "High-efficiency utilization of CO2 in the methanol production by a novel parallel-series system combining steam and dry methane reforming," Energy, Elsevier, vol. 158(C), pages 820-829.
    9. Abdul Manaf, Norhuda & Qadir, Abdul & Abbas, Ali, 2016. "Temporal multiscalar decision support framework for flexible operation of carbon capture plants targeting low-carbon management of power plant emissions," Applied Energy, Elsevier, vol. 169(C), pages 912-926.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rohlfs, Wilko & Madlener, Reinhard, 2013. "Assessment of clean-coal strategies: The questionable merits of carbon capture-readiness," Energy, Elsevier, vol. 52(C), pages 27-36.
    2. Cormos, Calin-Cristian, 2012. "Integrated assessment of IGCC power generation technology with carbon capture and storage (CCS)," Energy, Elsevier, vol. 42(1), pages 434-445.
    3. Valiani, Saba & Tahouni, Nassim & Panjeshahi, M. Hassan, 2017. "Optimization of pre-combustion capture for thermal power plants using Pinch Analysis," Energy, Elsevier, vol. 119(C), pages 950-960.
    4. Lara, Y. & Martínez, A. & Lisbona, P. & Romeo, L.M., 2016. "Heat integration of alternative Ca-looping configurations for CO2 capture," Energy, Elsevier, vol. 116(P1), pages 956-962.
    5. Višković, Alfredo & Franki, Vladimir & Valentić, Vladimir, 2014. "CCS (carbon capture and storage) investment possibility in South East Europe: A case study for Croatia," Energy, Elsevier, vol. 70(C), pages 325-337.
    6. Nemet, Gregory F. & Baker, Erin & Jenni, Karen E., 2013. "Modeling the future costs of carbon capture using experts' elicited probabilities under policy scenarios," Energy, Elsevier, vol. 56(C), pages 218-228.
    7. Magoua Mbeugang, Christian Fabrice & Li, Bin & Lin, Dan & Xie, Xing & Wang, Shuaijun & Wang, Shuang & Zhang, Shu & Huang, Yong & Liu, Dongjing & Wang, Qian, 2021. "Hydrogen rich syngas production from sorption enhanced gasification of cellulose in the presence of calcium oxide," Energy, Elsevier, vol. 228(C).
    8. Chen, Wei-Hsin & Hou, Yu-Lin & Hung, Chen-I., 2012. "A study of influence of acoustic excitation on carbon dioxide capture by a droplet," Energy, Elsevier, vol. 37(1), pages 311-321.
    9. Georgios Varvoutis & Athanasios Lampropoulos & Evridiki Mandela & Michalis Konsolakis & George E. Marnellos, 2022. "Recent Advances on CO 2 Mitigation Technologies: On the Role of Hydrogenation Route via Green H 2," Energies, MDPI, vol. 15(13), pages 1-38, June.
    10. Li, Chunxi & Guo, Shiqi & Ye, Xuemin & Fu, Wenfeng, 2019. "Performance and thermoeconomics of solar-aided double-reheat coal-fired power systems with carbon capture," Energy, Elsevier, vol. 177(C), pages 1-15.
    11. Nguyen, Ngoc N. & La, Vinh T. & Huynh, Chinh D. & Nguyen, Anh V., 2022. "Technical and economic perspectives of hydrate-based carbon dioxide capture," Applied Energy, Elsevier, vol. 307(C).
    12. Siefert, Nicholas S. & Chang, Brian Y. & Litster, Shawn, 2014. "Exergy and economic analysis of a CaO-looping gasifier for IGFC–CCS and IGCC–CCS," Applied Energy, Elsevier, vol. 128(C), pages 230-245.
    13. Wu, Zeyang & Liu, Sen & Gao, Hongxia & Yin, Qiqi & Liang, Zhiwu, 2019. "A study of structure-activity relationships of aqueous diamine solutions with low heat of regeneration for post-combustion CO2 capture," Energy, Elsevier, vol. 167(C), pages 359-368.
    14. Rohlfs, Wilko & Madlener, Reinhard, 2013. "Optimal Power Generation Investment: Impact of Technology Choices and Existing Portfolios for Deploying Low-Carbon Coal Technologies," FCN Working Papers 12/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    15. Van Wagener, David H. & Liebenthal, Ulrich & Plaza, Jorge M. & Kather, Alfons & Rochelle, Gary T., 2014. "Maximizing coal-fired power plant efficiency with integration of amine-based CO2 capture in greenfield and retrofit scenarios," Energy, Elsevier, vol. 72(C), pages 824-831.
    16. Mayr, Bernhard & Prieler, Rene & Demuth, Martin & Hochenauer, Christoph, 2015. "The usability and limits of the steady flamelet approach in oxy-fuel combustions," Energy, Elsevier, vol. 90(P2), pages 1478-1489.
    17. Mores, Patricia & Scenna, Nicolás & Mussati, Sergio, 2012. "CO2 capture using monoethanolamine (MEA) aqueous solution: Modeling and optimization of the solvent regeneration and CO2 desorption process," Energy, Elsevier, vol. 45(1), pages 1042-1058.
    18. Rongrong Zhai & Hongtao Liu & Hao Wu & Hai Yu & Yongping Yang, 2018. "Analysis of Integration of MEA-Based CO 2 Capture and Solar Energy System for Coal-Based Power Plants Based on Thermo-Economic Structural Theory," Energies, MDPI, vol. 11(5), pages 1-30, May.
    19. Jordán, Pérez Sánchez & Javier Eduardo, Aguillón Martínez & Zdzislaw, Mazur Czerwiec & Alan Martín, Zavala Guzmán & Liborio, Huante Pérez & Jesús Antonio, Flores Zamudio & Mario Román, Díaz Guillén, 2019. "Techno-economic analysis of solar-assisted post-combustion carbon capture to a pilot cogeneration system in Mexico," Energy, Elsevier, vol. 167(C), pages 1107-1119.
    20. Zhang, Yongliang & Jin, Bo & Zou, Xixian & Zhao, Haibo, 2016. "A clean coal utilization technology based on coal pyrolysis and chemical looping with oxygen uncoupling: Principle and experimental validation," Energy, Elsevier, vol. 98(C), pages 181-189.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:64:y:2014:i:c:p:172-186. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.