Entrepreneurial assessment of sustainable development technologies for power energy sector

Andrey Rogalev (), Ivan Komarov (), Vladimir Kindra () and Olga Zlyvko ()
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Andrey Rogalev: Moscow Power Engineering Institute, Russian Federation
Ivan Komarov: Moscow Power Engineering Institute, Russian Federation
Vladimir Kindra: Moscow Power Engineering Institute, Russian Federation
Olga Zlyvko: Moscow Power Engineering Institute, Russian Federation

Entrepreneurship and Sustainability Issues, 2018, vol. 6, issue 1, 429-445

Abstract: This paper provides a comparative entrepreneurial analysis of modern combined-cycle power generation technologies and future-oriented high-efficiency oxy-fuel combustion cycles with zero emissions. Considering the main criteria for sustainable development, we identify the generation technology that provides the lowest cost of electricity supply and the maximum economic efficiency of investments with equally high environmental indicators. Based on a comprehensive literature review and comparison of the technical and economic parameters of modern and forward-looking generation technologies under different economic conditions, the paper develops and presents the path of increasing the technical level of generation technologies, corresponding to the conditions of sustainable development at each moment of time. Furthermore, the paper analyses the technical and economic characteristics of the combined-cycle technology successfully applied in the world's energy systems and advanced oxy-fuel combustion cycles. In addition, the paper proposes a multifactorial economic-mathematical model that allows to evaluate the performance indicators of any of the considered technologies in accordance with the criteria for sustainable development.

Keywords: sustainable development; power industry; greenhouse gas; power generation; economic efficiency; investment (search for similar items in EconPapers)
JEL-codes: O33 Q10 Q40 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:6:y:2018:i:1:p:429-445

DOI: 10.9770/jesi.2018.6.1(26)

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