Valuing flexible operation of power plants with CO2 capture

Hannah Chalmers*, Matt Leach, Mathieu Lucquiaud, Jon Gibbins

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

The business case for investment in power plants with CO2 capture is greatly improved if they are able to accommodate uncertainty in future market conditions and variations in local operating requirements.. This paper will outline a range of operating modes that could be important in determining the value of power plants with CO2 capture from various stakeholder perspectives. Different quantitative techniques that could provide useful insights into plant value with flexible operation are discussed and some preliminary baseline results from a deterministic simulation are reported.

Original languageEnglish
Pages (from-to)4289-4296
Number of pages8
JournalEnergy Procedia
Volumea
Issue number1
DOIs
Publication statusPublished - 1 Feb 2009
Event9th International Conference on Greenhouse Gas Control Technologies, GHGT-9 - Washington DC, United States
Duration: 16 Nov 200820 Nov 2008

Keywords / Materials (for Non-textual outputs)

  • CO capture
  • investment decisions
  • operating flexibility
  • options analysis
  • power plants

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