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Economic analysis of a supercritical coal-fired CHP plant integrated with an absorption carbon capture installation

Łukasz Bartela, Anna Skorek-Osikowska and Janusz Kotowicz

Energy, 2014, vol. 64, issue C, 513-523

Abstract: Energy investments in Poland are currently focused on supercritical coal-fired unit technology. It is likely, that in the future, these units are to be integrated with carbon capture and storage (CCS) installations, which enable a significant reduction of greenhouse gas emissions into the atmosphere. A significant share of the energy market in Poland is constituted by coal-fired combined heat and power (CHP) plants. The integration of these units with CCS installation can be economically inefficient. However, the lack of such integration enhances the investment risk due to the possibility of appearing on the market in the near future high prices of emission allowances. The aforementioned factors and additional favorable conditions for the development of cogeneration can cause one to consider investing in large supercritical CHP plants.

Keywords: Combined heat and power; Carbon capture; Absorption method; Economic analysis (search for similar items in EconPapers)
Date: 2014
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Handle: RePEc:eee:energy:v:64:y:2014:i:c:p:513-523