An economic and environmental assessment of carbon capture and storage (CCS) power plants: a case study for the City of Kiel
In the not too distant future several power plants throughout Europe will have to be replaced and the decision has to be made whether to build coal-fired power plants with carbon capture and storage (CCS). In a study for the city of Kiel in northern Germany only an 800 MW coal power plant reaches a required minimum for rentability. This study looks at an additional economic and environmental evaluation of a coal plant with CCS. We find that in two out of three carbon and energy price scenarios integrated gasification combined cycle (IGCC) plants with CCS have the greatest rentability. Pulverised coal (PC) plants with CCS can only compete with other options under very favourable assumptions. Life-cycle emissions from CCS are less than 70% of a coal plant - compared with at least more than 80% when only considering direct emissions from plants. However, life-cycle emissions are lower than in any other assessed option.
Volume (Year): 53 (2010)
Issue (Month): 8 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/CJEP20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/CJEP20|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- McDonald, Alan & Schrattenholzer, Leo, 2001. "Learning rates for energy technologies," Energy Policy, Elsevier, vol. 29(4), pages 255-261, March.
- Klaus S. Lackner & Jeffrey D. Sachs, 2005. "A Robust Strategy for Sustainable Energy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 36(2), pages 215-284.
When requesting a correction, please mention this item's handle: RePEc:taf:jenpmg:v:53:y:2010:i:8:p:1069-1088. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst)
If references are entirely missing, you can add them using this form.