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Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices

Publication ,  Journal Article
Patino-Echeverri, D; Hoppock, DC
Published in: International Journal of Greenhouse Gas Control
January 1, 2012

Flexible operation of a CCS plant can lower the cost of foregone electricity sales in competitive wholesale electricity markets but reduces the amount of CO2 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.

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Published In

International Journal of Greenhouse Gas Control

DOI

ISSN

1750-5836

Publication Date

January 1, 2012

Volume

9

Start / End Page

410 / 418

Related Subject Headings

  • Energy
  • 41 Environmental sciences
  • 40 Engineering
  • 37 Earth sciences
  • 09 Engineering
  • 05 Environmental Sciences
  • 04 Earth Sciences
 

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Patino-Echeverri, D., & Hoppock, D. C. (2012). Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices. International Journal of Greenhouse Gas Control, 9, 410–418. https://doi.org/10.1016/j.ijggc.2012.04.013
Patino-Echeverri, D., and D. C. Hoppock. “Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices.” International Journal of Greenhouse Gas Control 9 (January 1, 2012): 410–18. https://doi.org/10.1016/j.ijggc.2012.04.013.
Patino-Echeverri D, Hoppock DC. Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices. International Journal of Greenhouse Gas Control. 2012 Jan 1;9:410–8.
Patino-Echeverri, D., and D. C. Hoppock. “Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices.” International Journal of Greenhouse Gas Control, vol. 9, Jan. 2012, pp. 410–18. Scopus, doi:10.1016/j.ijggc.2012.04.013.
Patino-Echeverri D, Hoppock DC. Reducing the average cost of CO2 capture by shutting-down the capture plant at times of high electricity prices. International Journal of Greenhouse Gas Control. 2012 Jan 1;9:410–418.
Journal cover image

Published In

International Journal of Greenhouse Gas Control

DOI

ISSN

1750-5836

Publication Date

January 1, 2012

Volume

9

Start / End Page

410 / 418

Related Subject Headings

  • Energy
  • 41 Environmental sciences
  • 40 Engineering
  • 37 Earth sciences
  • 09 Engineering
  • 05 Environmental Sciences
  • 04 Earth Sciences