E3S Web Conf.
Volume 237, 20213rd International Symposium on Architecture Research Frontiers and Ecological Environment (ARFEE 2020)
|Number of page(s)||6|
|Section||Energy Conservation and Emission Reduction, Energy Science|
|Published online||09 February 2021|
Economic Evaluation of CCUS Retrofitting of Coal-fired Power Plants Based on Net Cash Flow
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: firstname.lastname@example.org
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.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.