The cost of CO2 capture and storage
Name
JGGC-D-15-00122R1 FINAL[38].pdf
Description
Submitted version
Size
1.19 MB
Format
Adobe PDF
Checksum (MD5)
cc0577fc9154c041eabd0af3d036bf90
Author(s)
Rubin, Edward S
Davison, John E
Herzog, Howard J
Date Issued
September 2015
Journal
International Journal of Greenhouse Gas Control
Publisher
Elsevier BV
Citation
Rubin, E. S., J. E. Davison, and H. J. Herzog. "The Cost of Co2 Capture and Storage." International Journal of Greenhouse Gas Control (2015).
Version
Author's final manuscript
Abstract
The objective of this paper is to assess the current costs of CO2 capture and storage (CCS) for new fossil fuel power plants and to compare those results to the costs reported a decade ago in the IPCC Special Report on Carbon Dioxide Capture and Storage (SRCCS). Toward that end, we employed a similar methodology based on review and analysis of recent cost studies for the major CCS options identified in the SRCCS, namely, post-combustion CO2 capture at supercritical pulverized coal (SCPC) and natural gas combined cycle (NGCC) power plants, plus pre-combustion capture at coal-based integrated gasification combined cycle (IGCC) power plants. We also report current costs for SCPC plants employing oxy-combustion for CO2 capture - an option that was still in the early stages of development at the time of the SRCCS. To compare current CCS cost estimates to those in the SRCCS, we adjust all costs to constant 2013 US dollars using cost indices for power plant capital costs, fuel costs and other O&M costs. On this basis, we report changes in capital cost, levelized cost of electricity, and mitigation costs for each power plant system with and without CCS. We also discuss the outlook for future CCS costs.
MIT Department
MIT Energy Initiative
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1016/j.ijggc.2015.05.018
