| Issue |
E3S Web Conf.
Volume 237, 2021
3rd International Symposium on Architecture Research Frontiers and Ecological Environment (ARFEE 2020)
|
|
|---|---|---|
| Article Number | 02021 | |
| Number of page(s) | 6 | |
| Section | Energy Conservation and Emission Reduction, Energy Science | |
| DOI | https://doi.org/10.1051/e3sconf/202123702021 | |
| Published online | 09 February 2021 | |
Economic Evaluation of CCUS Retrofitting of Coal-fired Power Plants Based on Net Cash Flow
1
NARI Group Corporation/State Grid Electric Power Research Institute, Nanjing 211106, PR China
2
School of Electrical Engineering, Southeast University, 2 Sipailou, Nanjing 210096, PR China
3
Shenhua Science and Technology Research Institute Co., Ltd., 201 Shenhua S&T Innovation Base, Beijing 102211, PR China
* Corresponding author: caibin@sgepri.sgcc.com.cn
Carbon Capture, Utilization and Storage (CCUS) is one of the key technologies for realizing large-scale low-carbon utilization of coal-fired power plants in service. How to evaluate its economics is crucial to the decision-making of traditional coal-fired power enterprises. This paper analyzes the changes in the physical, emission and economic parameters of in-service coal-fired power plants without and with the CCUS retrofit. A method for evaluating the economic feasibility of coal-fired power plants retrofitting based on net cash flow is proposed, which compares the impact of CCUS retrofit on the net present value of the remaining life cycle of the power plant. The impact of uncertain parameters such as carbon dioxide sales unit price, carbon capture device operating cost, free carbon quota, and carbon emission right price on the evaluation results are analyzed.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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