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Entrepreneurial assessment of sustainable development technologies for power energy sector

Author

Listed:
  • Andrey Rogalev

    (MPEI - Moscow Power Engineering Institute)

  • Ivan Komarov

    (MPEI - Moscow Power Engineering Institute)

  • Vladimir Kindra

    (MPEI - Moscow Power Engineering Institute)

  • Olga Zlyvko

    (MPEI - Moscow Power Engineering Institute)

Abstract

This paper provides a comparative entrepreneurial analysis of modern combined-cycle power generation technologies and future-oriented high-efficiency oxy-fuel combustion cycles with zero emissions. Considering the main criteria for sustainable development, we identify the generation technology that provides the lowest cost of electricity supply and the maximum economic efficiency of investments with equally high environmental indicators. Based on a comprehensive literature review and comparison of the technical and economic parameters of modern and forward-looking generation technologies under different economic conditions, the paper develops and presents the path of increasing the technical level of generation technologies, corresponding to the conditions of sustainable development at each moment of time. Furthermore, the paper analyses the technical and economic characteristics of the combined-cycle technology successfully applied in the world's energy systems and advanced oxy-fuel combustion cycles. In addition, the paper proposes a multifactorial economic-mathematical model that allows to evaluate the performance indicators of any of the considered technologies in accordance with the criteria for sustainable development.

Suggested Citation

  • Andrey Rogalev & Ivan Komarov & Vladimir Kindra & Olga Zlyvko, 2018. "Entrepreneurial assessment of sustainable development technologies for power energy sector," Post-Print hal-02168626, HAL.
    • Handle: RePEc:hal:journl:hal-02168626
    DOI: 10.9770/jesi.2018.6.1(26)
    Note: View the original document on HAL open archive server: https://hal.science/hal-02168626
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    References listed on IDEAS

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    1. Unknown, 2016. "Energy for Sustainable Development," Conference Proceedings 253270, Guru Arjan Dev Institute of Development Studies (IDSAsr).
    2. Wadim Strielkowski & Wadim Strielkowski & Wadim Strielkowski & Wadim Strielkowski & Evgeny Lisin & Evgeny Lisin & Elena Astachova, 2017. "Economic sustainability of energy systems and prices in the EU," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 4(4), pages 591-600, June.
    3. Evgeny Lisin & Alexander Sobolev & Wadim Strielkowski & Ivan Garanin, 2016. "Thermal Efficiency of Cogeneration Units with Multi-Stage Reheating for Russian Municipal Heating Systems," Energies, MDPI, vol. 9(4), pages 1-19, April.
    4. Wadim Strielkowski & Evgeny Lisin, 2017. "Economic Aspects of Innovations in Energy Storage," International Journal of Energy Economics and Policy, Econjournals, vol. 7(1), pages 62-66.
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    Cited by:

    1. Elena Vechkinzova & Yelena Petrenko & Yana S. Matkovskaya & Gaukhar Koshebayeva, 2021. "The Dilemma of Long-Term Development of the Electric Power Industry in Kazakhstan," Energies, MDPI, vol. 14(9), pages 1-21, April.
    2. Mohammad Chehabeddine & Manuela Tvaronavičienė, 2020. "Securing regional development," Post-Print hal-02569328, HAL.
    3. Nomeda Dobrovolskienė & Anastasija Pozniak & Manuela Tvaronavičienė, 2021. "Assessment of the Sustainability of a Real Estate Project Using Multi-Criteria Decision Making," Sustainability, MDPI, vol. 13(8), pages 1-19, April.
    4. Youssef Tabsh & Vida Davidavičienė, 2019. "Effects of ICT’s on energy management systems," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 6(4), pages 2194-2206, June.
    5. Paweł Ziemba & Aneta Becker & Jarosław Becker, 2022. "Models and Indices of Sustainability Assessment in the Energy Context," Energies, MDPI, vol. 15(24), pages 1-22, December.
    6. Georgi N. Todorov & Andrey I. Vlasov & Elena E. Volkova & Marina A. Osintseva, 2020. "Sustainability in Local Power Supply Systems of Production Facilities Where There Is the Compensatory Use of Renewable Energy Sources," International Journal of Energy Economics and Policy, Econjournals, vol. 10(3), pages 14-23.
    7. Marcin Rabe & Dalia Streimikiene & Yuriy Bilan, 2020. "Model of Optimization of Wind Energy Production in the Light of Legal Changes in Poland," Energies, MDPI, vol. 13(7), pages 1-15, March.
    8. Yury Monakov & Alexander Tarasov & Alexander Ivannikov & Alexander Murzintsev & Nikita Shutenko, 2023. "Optimization of Equipment Operation in Power Systems Based on the Use in the Design of Frequency-Dependent Models," Energies, MDPI, vol. 16(18), pages 1-19, September.
    9. Emil Velinov & Yelena Petrenko & Elena Vechkinzova & Igor Denisov & Luis Ochoa Siguencia & Zofia Gródek-Szostak, 2020. "“Leaky Bucket” of Kazakhstan’s Power Grid: Losses and Inefficient Distribution of Electric Power," Energies, MDPI, vol. 13(11), pages 1-19, June.
    10. Mihaela Simionescu & Wadim Strielkowski & Manuela Tvaronavičienė, 2020. "Renewable Energy in Final Energy Consumption and Income in the EU-28 Countries," Energies, MDPI, vol. 13(9), pages 1-18, May.
    11. Marko Milojević & Paweł Nowodziński & Ivica Terzić & Svetlana Danshina, 2021. "Households’ Energy Autonomy: Risks or Benefits for a State?," Energies, MDPI, vol. 14(7), pages 1-16, April.
    12. Mohammad R. Chehabeddine & Mohammad R. Chehabeddine & Manuela TvaronaviÄ ienÄ—, 2020. "Securing regional development," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 2(1), pages 430-442, March.
    13. Marcin Rabe & Dalia Streimikiene & Wojciech Drożdż & Yuriy Bilan & Rafal Kasperowicz, 2020. "Sustainable regional energy planning: The case of hydro," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(6), pages 1652-1662, November.
    14. Darya Pyatkina & Tamara Shcherbina & Vadim Samusenkov & Irina Razinkina & Mariusz Sroka, 2021. "Modeling and Management of Power Supply Enterprises’ Cash Flows," Energies, MDPI, vol. 14(4), pages 1-17, February.

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    Keywords

    sustainable development; power industry; greenhouse gas; power generation; economic efficiency; investment;
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