Techno-economic comparison of optimized natural gas combined cycle power plants with CO2 capture

Abolghasem Kazemi, Jovita Moreno and Diego Iribarren

Energy, 2022, vol. 255, issue C

Abstract: Natural gas combined cycle (NGCC) power plants account for a large share of the global energy market. Although many alternative layouts of NGCC plants have already been addressed in the scientific literature, there are still relevant gaps of knowledge in comparative techno-economic performances of the previously proposed alternatives. This article presents a comprehensive comparative study of 19 alternative NGCC power plants with pre-combustion, post-combustion or oxy-fuel combustion CO2 capture processes involving different choices of CO2 absorbents and organic Rankine cycles for energy savings. The purpose of this study is to shed light on comparative techno-economic performances of power plants with different CO2 capture strategies and various organic Rankine cycle configurations. First, performance of each alternative was optimized from a technical (equivalent work) standpoint. Then, the economic performance of each optimized alternative was evaluated. Based on the results within the sample of NGCC plants, using activated methyldiethanolamine could lead to better technical and economic performances than monoethanolamine in pre- and post-combustion capture systems. Moreover, the efficacy of organic Rankine cycles for enhancing the technical and economic performance of NGCC plants with CO2 capture was shown, with a reduction of up to 1.39 years in the payback period for various process configurations.

Keywords: Optimization; Techno-economic assessment; Combined cycle; CO2 capture; Pre-combustion; Post-combustion (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:255:y:2022:i:c:s0360544222015201

DOI: 10.1016/j.energy.2022.124617

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