Economic Evaluation of CCUS Retrofitting of Coal-fired Power Plants Based on Net Cash Flow

Jingqi Jin, Feng Xue, Bin Cai, Xinxin Yang, Yening Lai, Dalin Jiang, Yalin Mao, Yi Tao, R. Weerasinghe, C. Fang
2021 E3S Web of Conferences  
Carbon Capture, Utilization and Storage (CCUS) is one of the key technologies for realizing large-scale low-carbon utilization of coal-fired power plants in service. How to evaluate its economics is crucial to the decision-making of traditional coal-fired power enterprises. This paper analyzes the changes in the physical, emission and economic parameters of in-service coal-fired power plants without and with the CCUS retrofit. A method for evaluating the economic feasibility of coal-fired power
more » ... of coal-fired power plants retrofitting based on net cash flow is proposed, which compares the impact of CCUS retrofit on the net present value of the remaining life cycle of the power plant. The impact of uncertain parameters such as carbon dioxide sales unit price, carbon capture device operating cost, free carbon quota, and carbon emission right price on the evaluation results are analyzed.
doi:10.1051/e3sconf/202123702021 fatcat:p6pcr273bfczdhodvroufyh7au