CO/sub 2/ capture cost estimates from a state perspective: part II electricity price/demand impact on Indiana
2006
Part II of the joint papers analyzes CO/sub 2/ capture cost to the state of Indiana through scenario-based technique. An optimization modeling system is used for scheduling and dispatching the generation units to minimize the production costs. The new power plants, with and without CO/sub 2/ capture are used for deriving the costs, and the extra costs associated with CO/sub 2/ capture are used to measure the "burden" to the state. If the CO/sub 2/ release is frozen at the 2010 levels in the state, the cost of CO/sub 2/ capture would cause the price of electricity in the state to gradually increase to around 9% more than the case without CO/sub 2/ capture by 2023, without considering CO/sub 2/ transport and storage cost.
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