Reducing the average cost of CO 2 capture by shutting-down the capture plant at times of high electricity prices

Published

Journal Article

Flexible operation of a CCS plant can lower the cost of foregone electricity sales in competitive wholesale electricity markets but reduces the amount of CO 2 captured over the life-time of a CCS plant and increases the capital cost of CCS systems per unit of emissions captured. Whether the benefits of flexible CCS exceed the increased costs depends on a relationship between capital and operating costs and cyclical electricity price differentials. In this paper we explore these trade-offs, propose a method to quantify them and apply this framework to U.S. data on CCS capital costs and electricity prices. © 2012 Elsevier Ltd.

Full Text

Duke Authors

Cited Authors

  • Patino-Echeverri, D; Hoppock, DC

Published Date

  • July 1, 2012

Published In

Volume / Issue

  • 9 /

Start / End Page

  • 410 - 418

International Standard Serial Number (ISSN)

  • 1750-5836

Digital Object Identifier (DOI)

  • 10.1016/j.ijggc.2012.04.013

Citation Source

  • Scopus