Integration of supply chain management of hybrid biomass power plant with carbon capture and storage operation

Jian-Xin Guo, Xianchun Tan, Baihe Gu and Kaiwei Zhu

Renewable Energy, 2022, vol. 190, issue C, 1055-1065

Abstract: Bioenergy Carbon Capture and Storage (BECCS) is thought to be one of the most important technologies to realize the deep carbon emission reduction. An integrated model that combines biomass inventory management and carbon capture and storage (CCS) construction is built to analyze the operation management of BECCS plants. Biomass supply level and structure, operation costs, warehousing scale, and application restrictions are considered in the inventory management. The operation costs, learning effects, investment path, and capture efficiency of CCS are considered in the process of CCS construction. These two processes are integrated to maximize the total profit for biomass power plants under inter-temporal conditions. Jiangsu Province is selected for numerical simulation. The results show that the supply level of biomass has a great influence on the results, and the corresponding CCS technology needs to fully consider this factor for expansion. In addition, under strict carbon emission constraints, to avoid the high cost of CCS, policymakers are more inclined to achieve emission reduction targets by reducing power generation levels. Therefore, appropriate policy subsidies are needed to ensure the development of BECCS at this time.

Keywords: Carbon capture and storage; Bioenergy utilization; Inventory management; Abatement target (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:190:y:2022:i:c:p:1055-1065

DOI: 10.1016/j.renene.2022.04.008

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