Economic Evaluation of Flue Gas CO₂ Capture Systems in Coal-Fired Power Plants

DOI

10.2991/978-94-6463-415-0_46How to use a DOI?

Keywords

Power plant; CO2; Capture; Economic

Abstract

The impact of the greenhouse effect induced by CO₂ has demonstrably influenced the trajectory and sustainability of human society. In the preceding decades, the atmospheric concentration of carbon dioxide has escalated from 277 PPM in the industrial era to 412.4 PPM in 2020. In 2020, China, ranking among the globe's foremost contributors to greenhouse gas emissions, discharged in excess of 11 billion tons of carbon through fuel combustion and industrial procedures, constituting approximately 90% of the nation's overall greenhouse gas emissions. Given that coal-fired power plants constitute a prominent origin of CO₂ emissions, the effective capture of CO₂ from their flue gas is imperative to mitigate anthropogenic CO₂ emissions. Presently, large-scale capture of CO₂ from flue gas encounters challenges, including elevated capture costs and suboptimal economic returns. Furthermore, the scarcity of operational demonstration projects for capturing CO₂ from flue gas has resulted in an absence of detailed economic analyses encompassing construction costs, operating costs, and other facets of the CO₂ capture process. In response to these challenges, this paper concentrates on conducting an economic analysis of the CO₂ capture system from flue gas within a specific power plant. This research addresses both the construction costs and operating costs associated with the CO₂ capture system, concurrently highlighting the social and monetary benefits emanating from the capture of CO₂ in flue gas. The objective is to furnish data support and guidance for the expansion and operation of flue gas CO₂ systems, along with the investment budget required for the construction of new capture systems.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Bin Zhang
AU  - Ronggui Shi
AU  - Yue Feng
AU  - Jingquan Miao
AU  - Huige Qu
PY  - 2024
DA  - 2024/05/14
TI  - Economic Evaluation of Flue Gas CO₂ Capture Systems in Coal-Fired Power Plants
BT  - Proceedings of the 2023 9th International Conference on Advances in Energy Resources and Environment Engineering (ICAESEE 2023)
PB  - Atlantis Press
SP  - 432
EP  - 442
SN  - 2589-4943
UR  - https://doi.org/10.2991/978-94-6463-415-0_46
DO  - 10.2991/978-94-6463-415-0_46
ID  - Zhang2024
ER  -