EconPapers    
Economics at your fingertips  
 

Sustainable Industrial Energy Supply Systems with Integrated Renewable Energy, CCUS, and Energy Storage: A Comprehensive Evaluation

Liujian Yang, Xingyu Wu, Beijia Huang and Zeqiu Li ()
Additional contact information
Liujian Yang: School of Energy and Power Engineering, University of Shanghai for Science and Technology, Shanghai 200093, China
Xingyu Wu: School of Energy and Power Engineering, University of Shanghai for Science and Technology, Shanghai 200093, China
Beijia Huang: School of Environment and Architecture, University of Shanghai for Science and Technology, Shanghai 200093, China
Zeqiu Li: School of Energy and Power Engineering, University of Shanghai for Science and Technology, Shanghai 200093, China

Sustainability, 2025, vol. 17, issue 2, 1-24

Abstract: With the increasing emphasis on emission reduction targets, the low-carbon sustainable transformation of industrial energy supply systems is crucial. Addressing the urgent issue of reducing industrial carbon emissions, this study presents an integrated industrial energy supply system (IRE-CCUS-BESS-SPS) that incorporates renewable energy; calcium-based carbon capture, utilization, and storage (CCUS); and battery energy storage systems (BESSs) to improve energy efficiency and sustainability. The system model is designed to achieve a cost-effective and environmentally low-impact energy supply, validated through Aspen Plus V11.0 and Matlab R2019b simulations. The system’s performance is evaluated using a 4E index system encompassing economy, environment, energy, and exergy. The findings indicate that the system’s lifetime net present value (NPV) is positive, with a payback period of 6.09 years. Despite a 12.9% increase in the overall economic cost, carbon emissions are significantly reduced by 59.78%. The energy supply composition includes 48.60% from fuel oil and 22.10% from biomass, with an additional 270.04 kW of heat provided by waste heat boilers. The equalization costs for CO 2 removal (LCCR) and methanation (LCOM) are 122.95 CNY/t and 10908.35 CNY/t, respectively, both exceeding current carbon emission trading costs and methane prices. This research offers a robust framework for designing sustainable industrial energy systems that integrate renewable energy, CCUS, and energy storage technologies for low-carbon operations. The analysis also suggests that government policies, such as direct financial subsidies or tax relief, are effective in accelerating the adoption of CCUS technology.

Keywords: industrial energy supply system; CCUS; carbon emission reduction; 4E analysis (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/17/2/712/pdf (application/pdf)
https://www.mdpi.com/2071-1050/17/2/712/ (text/html)

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: https://EconPapers.repec.org/RePEc:gam:jsusta:v:17:y:2025:i:2:p:712-:d:1569373

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jsusta:v:17:y:2025:i:2:p:712-:d:1569373