Abstract
Possible and predicted high economic value for CO2
emissions and CO2 emission performance standards will
probably increase electricity price. These create a
rationale for the development of CCS technologies but as
well competitive low carbon energy solutions. After the
investment, variable operational expenditures of solar
and wind power are very low and therefore these plants
are utilised before others in the energy system. Large
share of solar and wind power in the system will decrease
the potential utilisation rates of the plants equipped
with CCS. However, this probably favors CLC over the
other capture technologies as the higher net efficiency
in electricity production by CLC results in lower
variable production costs. Therefore higher utilisation
rates are possible for CLC than for other capture
technologies. In this paper techno-economic feasibility
of industrial scale CLC power plant is studied with
different properties for oxygen carriers with recovery of
oxygen carrier for reuse. Sensitivity analysis of oxygen
carrier is done with attrition rate, price and needed
inventory of the system. Feasibility study shows that
oxygen carrier related cost, with reasonable range of
oxygen carrier properties and even mediocre oxygen
carrier recovery, does not significantly increase
operational costs. Feasibility of CLC investment and
operation is compared to oxy- and air combustion
references. Compared to other CCS technologies CLC is
competitive and oxygen carriers are not an issue at
feasibility if significant recovery rate can be achieved.
Business models to different oxygen carrier types and
industrial operators have been proposed. Business models
should be selected on depending on maturity of technology
and integration to industry. Oxygen carrier business
models have possibility to support feasibility of CLC
plant investment.
Original language | English |
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Publication status | Published - 2014 |
Event | 3rd International Conference on Chemical Looping - Göteborg, Sweden Duration: 9 Sept 2014 → 11 Sept 2014 |
Conference
Conference | 3rd International Conference on Chemical Looping |
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Country/Territory | Sweden |
City | Göteborg |
Period | 9/09/14 → 11/09/14 |
Keywords
- CFB
- feasibility
- techno-econimic analysis
- biomass co-firing
- chemical looping
- oxygen carrier
- CLC