Economics at your fingertips  

Multi-level investment planning and scheduling under electricity and carbon market dynamics: Retrofit of a power plant with PCC (post-combustion carbon capture) processes

Rajab Khalilpour

Energy, 2014, vol. 64, issue C, 172-186

Abstract: This paper addresses four levels in carbon management decision-making: government, enterprise, plant, and process. Robust decision-making at any level requires consideration of the constraints and requirements of other levels. The focus of the paper is the enterprise level, when a power generating company wishes to develop its long term carbon management strategy. The carbon reduction option is solvent-based PCC (post-combustion carbon capture), which has been discussed as the most accessible option for CCS (carbon capture and storage) objectives. The company desires to know whether/when/how to invest in PCC processes in order to satisfy government emission reduction regulations while achieving the maximum economic benefits over the planning horizon.

Keywords: Post-combustion carbon capture; Decision making; Planning and scheduling; Flexible operation; Coal-fired power plant; Carbon tax (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Series data maintained by Dana Niculescu ().

Page updated 2017-09-29
Handle: RePEc:eee:energy:v:64:y:2014:i:c:p:172-186