IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v13y2009i9p2637-2644.html
   My bibliography  Save this article

Assessment of oxyfuel power generation technologies

Author

Listed:
  • Hadjipaschalis, Ioannis
  • Kourtis, George
  • Poullikkas, Andreas

Abstract

In this work, a cost-benefit analysis concerning the use of oxyfuel combustion technology is carried out. For the analysis, the IPP optimization software is used in which a decouple optimization method for power technology selection in competitive markets is employed and the electricity unit cost and the CO2 avoidance cost are calculated. The results indicate that oxyfuel technology is a competitive CO2 capture and storage (CCS) technology. In addition, the effect of varying loan interest rates was investigated in the economic performance of an oxyfuel combustion plant. This analysis, revealed that up to a value of loan interest of approximately 5.3% the oxyfuel plant retains the competitive electricity unit costs (compared to other CCS technologies). For higher interest rate levels, other CCS technologies become more economically attractive.

Suggested Citation

  • Hadjipaschalis, Ioannis & Kourtis, George & Poullikkas, Andreas, 2009. "Assessment of oxyfuel power generation technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2637-2644, December.
    • Handle: RePEc:eee:rensus:v:13:y:2009:i:9:p:2637-2644
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364-0321(09)00135-X
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    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. Rubin, Edward S. & Yeh, Sonia & Antes, Matt & Berkenpas, Michael & Davison, John, 2007. "Use of experience curves to estimate the future cost of power plants with CO2 capture," Institute of Transportation Studies, Working Paper Series qt46x6h0n0, Institute of Transportation Studies, UC Davis.
    2. Rubin, Edward S. & Chen, Chao & Rao, Anand B., 2007. "Cost and performance of fossil fuel power plants with CO2 capture and storage," Energy Policy, Elsevier, vol. 35(9), pages 4444-4454, September.
    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. Farrelly, Damien J. & Everard, Colm D. & Fagan, Colette C. & McDonnell, Kevin P., 2013. "Carbon sequestration and the role of biological carbon mitigation: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 21(C), pages 712-727.
    2. Yang, Lin & Xu, Mao & Fan, Jingli & Liang, Xi & Zhang, Xian & Lv, Haodong & Wang, Dong, 2021. "Financing coal-fired power plant to demonstrate CCS (carbon capture and storage) through an innovative policy incentive in China," Energy Policy, Elsevier, vol. 158(C).
    3. Sheikhi Fini, A. & Parsa Moghaddam, M. & Sheikh-El-Eslami, M.K., 2013. "An investigation on the impacts of regulatory support schemes on distributed energy resource expansion planning," Renewable Energy, Elsevier, vol. 53(C), pages 339-349.
    4. Dadouche, F. & Béthoux, O. & Kleider, J.-P., 2011. "New silicon thin-film technology associated with original DC–DC converter: An economic alternative way to improve photovoltaic systems efficiencies," Energy, Elsevier, vol. 36(3), pages 1749-1757.
    5. Sharifzadeh, Mahdi & Wang, Lei & Shah, Nilay, 2015. "Integrated biorefineries: CO2 utilization for maximum biomass conversion," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 151-161.
    6. Hnydiuk-Stefan, Anna & Składzień, Jan, 2017. "Analysis of supercritical coal fired oxy combustion power plant with cryogenic oxygen unit and turbo-compressor," Energy, Elsevier, vol. 128(C), pages 271-283.
    7. Wu, X.D. & Yang, Q. & Chen, G.Q. & Hayat, T. & Alsaedi, A., 2016. "Progress and prospect of CCS in China: Using learning curve to assess the cost-viability of a 2×600MW retrofitted oxyfuel power plant as a case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1274-1285.
    8. Akorede, Mudathir Funsho & Hizam, Hashim & Pouresmaeil, Edris, 2010. "Distributed energy resources and benefits to the environment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(2), pages 724-734, February.
    9. von Bohnstein, Maximilian & Richter, Marcel & Graeser, Phillip & Schiemann, Martin & Ströhle, Jochen & Epple, Bernd, 2021. "3D CFD simulation of a 250 MWel oxy-fuel boiler with evaluation of heat radiation calculation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
    10. Wu Haibo & Liu Zhaohui, 2018. "Economic research relating to a 200 MWe oxy‐fuel combustion power plant," Greenhouse Gases: Science and Technology, Blackwell Publishing, vol. 8(5), pages 911-919, October.

    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. Lai, N.Y.G. & Yap, E.H. & Lee, C.W., 2011. "Viability of CCS: A broad-based assessment for Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(8), pages 3608-3616.
    2. Marie Renner, 2014. "Carbon prices and CCS investment: comparative study between the European Union and China," Working Papers 1402, Chaire Economie du climat.
    3. Escudero, Marcos & Jiménez, Ángel & González, Celina & López, Ignacio, 2013. "Quantitative analysis of potential power production and environmental benefits of Biomass Integrated Gasification Combined Cycles in the European Union," Energy Policy, Elsevier, vol. 53(C), pages 63-75.
    4. Wu Haibo & Liu Zhaohui, 2018. "Economic research relating to a 200 MWe oxy‐fuel combustion power plant," Greenhouse Gases: Science and Technology, Blackwell Publishing, vol. 8(5), pages 911-919, October.
    5. Rammerstorfer, Margarethe & Eisl, Roland, 2011. "Carbon capture and storage—Investment strategies for the future?," Energy Policy, Elsevier, vol. 39(11), pages 7103-7111.
    6. Yang, Hang & Zhang, Yongxin & Zheng, Chenghang & Wu, Xuecheng & Chen, Linghong & Fu, Joshua S. & Gao, Xiang, 2018. "Cost estimate of the multi-pollutant abatement in coal-fired power sector in China," Energy, Elsevier, vol. 161(C), pages 523-535.
    7. Dominic Woolf & Johannes Lehmann & David R. Lee, 2016. "Optimal bioenergy power generation for climate change mitigation with or without carbon sequestration," Nature Communications, Nature, vol. 7(1), pages 1-11, December.
    8. Renner, Marie, 2014. "Carbon prices and CCS investment: A comparative study between the European Union and China," Energy Policy, Elsevier, vol. 75(C), pages 327-340.
    9. 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.
    10. Yao, Xing & Zhong, Ping & Zhang, Xian & Zhu, Lei, 2018. "Business model design for the carbon capture utilization and storage (CCUS) project in China," Energy Policy, Elsevier, vol. 121(C), pages 519-533.
    11. Alfredo Viskovic & Vladimir Valentic & Vladimir Franki, 2013. "The impac t of carbon prices on CCS investment in South East Europe," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2013(3), pages 91-120.
    12. Zhou, Wenji & Zhu, Bing & Chen, Dingjiang & Zhao, Fangxian & Fei, Weiyang, 2014. "How policy choice affects investment in low-carbon technology: The case of CO2 capture in indirect coal liquefaction in China," Energy, Elsevier, vol. 73(C), pages 670-679.
    13. Evar, Benjamin, 2011. "Conditional inevitability: Expert perceptions of carbon capture and storage uncertainties in the UK context," Energy Policy, Elsevier, vol. 39(6), pages 3414-3424, June.
    14. Akbilgic, Oguz & Doluweera, Ganesh & Mahmoudkhani, Maryam & Bergerson, Joule, 2015. "A meta-analysis of carbon capture and storage technology assessments: Understanding the driving factors of variability in cost estimates," Applied Energy, Elsevier, vol. 159(C), pages 11-18.
    15. Wu, X.D. & Yang, Q. & Chen, G.Q. & Hayat, T. & Alsaedi, A., 2016. "Progress and prospect of CCS in China: Using learning curve to assess the cost-viability of a 2×600MW retrofitted oxyfuel power plant as a case study," Renewable and Sustainable Energy Reviews, Elsevier, vol. 60(C), pages 1274-1285.
    16. Chen, Siyuan & Liu, Jiangfeng & Zhang, Qi & Teng, Fei & McLellan, Benjamin C., 2022. "A critical review on deployment planning and risk analysis of carbon capture, utilization, and storage (CCUS) toward carbon neutrality," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
    17. Bhumika Gupta & Salil K. Sen, 2019. "Carbon Capture Usage and Storage with Scale-up: Energy Finance through Bricolage Deploying the Co-integration Methodology," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 146-153.
    18. Barelli, L. & Ottaviano, A., 2014. "Solid oxide fuel cell technology coupled with methane dry reforming: A viable option for high efficiency plant with reduced CO2 emissions," Energy, Elsevier, vol. 71(C), pages 118-129.
    19. Mara Madaleno & Victor Moutinho & Jorge Mota, 2015. "Time Relationships among Electricity and Fossil Fuel Prices: Industry and Households in Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 5(2), pages 525-533.
    20. Hong, Sanghyun & Bradshaw, Corey J.A. & Brook, Barry W., 2014. "South Korean energy scenarios show how nuclear power can reduce future energy and environmental costs," Energy Policy, Elsevier, vol. 74(C), pages 569-578.

    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:rensus:v:13:y:2009:i:9:p:2637-2644. 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.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    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.