Techno-Economic Analysis of the Oxy-Fuel Combustion Power Cycles with Near-Zero Emissions
Abstract
:1. Introduction
2. Approaches to Reducing CO2 Emissions in the Fossil Fuel TPP
3. Principal Heat Flow Schemes of Oxy-Fuel Combustion Thermodynamic Cycles
- Semi-closed oxygen combustion cycle (SCOC-CC);
- MATIANT cycles;
- Graz cycles;
- Water or CES cycles;
4. Influence of Thermodynamic Parameters of Oxy-Fuel Combustion Power Facilities on Their Financial and Economic Efficiency
- The facility net efficiency, which influences the fuel consumption and the CO2 emission;
- The kilowatt price of the installed power;
- The lifetime of the main equipment;
- The schedule for the operation of the installed power;
- The prices of fuel and electricity supplied by the grid;
- CO2 emission quotas.
- Carbon monoxide turbine inlet working fluid massflow: 600 kg/s;
- Initial temperature: 1100 °C;
- Initial pressure: 30 MPa;
- Carbon dioxide turbine exhaust pressure: 3 MPa.
5. Method for the Financial Feasibility Study of Oxy-Fuel Power Facilities Construction
- Initial temperature: 1300 °C, initial pressure: 25 MPa, turbine exhaust pressure: 5 MPa, net efficiency: 58.2%
- Initial temperature: 1500 °C, initial pressure: 30 MPa, turbine exhaust pressure: 2 MPa, net efficiency: 58.2%
- Initial temperature: 1500 °C, initial pressure: 35 MPa, turbine exhaust pressure: 2 MPa, net efficiency: 58.2%.
- Initial temperature: 1100 °C, initial pressure: 25 MPa, turbine exhaust pressure: 2 MPa, installed power specific price: 32,368.4 RUB/kW;
- Initial temperature: 1100 °C, initial pressure: 30 MPa, turbine exhaust pressure: 3 MPa, installed power specific price: 34,399.8 RUB/kW;
- Initial temperature: 1100 °C, initial pressure: 35 MPa, turbine exhaust pressure: 2 MPa, installed power specific price: 36,532.8 RUB/kW.
6. Oxy-Fuel Facility Financial Efficiency with Different Thermodynamic Parameters Excluding and Including CO2 Emission Quotas
7. Conclusions
- A simulation model for optimizing the thermodynamic parameters of oxy-fuel facilities rated to the minimum power production prime cost and minimal capital investment criteria was proposed;
- A method for comparative analysis of the financial efficiency of buildup projects of oxy-fuel and combined cycle facilities of comparable capacities. taking into account quotas for greenhouse gas emissions, was developed.
- Optimization of the thermodynamic parameters of an oxy-fuel facility was carried out from the standpoint of the criterion of the minimum cost of electricity production and capital investments. At an initial temperature of 1500 °C, initial pressure of 30 MPa and turbine exhaust pressure of 2 MPa, a 414 MW power facility has an electricity primary cost of 0.84 RUB/kWh and an installed power specific price of 36.354 thousand RUB/kW;
- A comparative analysis of the financial efficiency of buildup projects of oxy-fuel and combined cycle facilities was carried out. Without emission quotes, combined cycle facilities have a 16% higher NPV and a shorter DPP. The greater attractiveness of combined cycle facilities is due to their smaller capital investments. The primary cost values of electricity production in oxy-fuel and combined cycle facilities are compatible, which shows the similarity in the technologies’ efficiency and the related similar fuel expenses;
- It was shown that when trading in carbon dioxide emission quotes is implemented, oxy-fuel facilities will actualize their environmental advantages and become more investment-attractive than the combined cycle ones. When Russia implements the CO2 emission quote of 1200 RUB/t, which corresponds to the current EU level, oxy-fuel facility construction will be financially reasonable.
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
Nomenclature
A List of Symbols | |
NPV | net present value |
DPP | discounted payback period |
CFt | net payment flow in the year t |
T | period of project implementation |
E | discount rate |
CD | depreciation payment |
Ts | equipment operation life |
CI | facility construction capital investment |
NPt | net profit in the year t |
Pt | income before tax payment in the year t |
Vt | income tax in the year t |
Rt | income from the electricity sales in the year t |
OCt | operational costs in the year t |
Rt | income from electricity and power sales in the year t |
REt | income from electricity sales in the year t |
RCt | income from power sales in the year t |
SE | annual electricity supply by a single power unit |
n | number of power units |
PE | electricity market price |
N | single power unit net capacity |
PC | capacity market price |
CF | fuel expenses |
CD | depreciation charges |
CR | repair expenses |
CW | wage expenses |
Cother | overall expenses |
CCO2 | expenses related to quote payments for carbon dioxide emissions |
EFnet | net efficiency |
QL | low calorific value |
hC | installed power operation per year |
α | fuel transportation losses |
PF | fuel price (natural gas) |
ΒR | repair fund allocation |
nip, nmp | strength of management and operation personnel |
Wip, Wmp | mean monthly management and operation personnel salaries |
γ | social allocations |
µ | rate of overall expenses for depreciation |
PCO2 | price of 1 kg of carbon dioxide emissions |
mCO2 | carbon dioxide emission massflow |
Abbreviations | |
TPP | thermal power plant |
RES | renewable energy source |
GT | gas turbine |
C | compressor |
CS | cooler-separator |
HE | heat exchanger |
SCOC-CC | semi-closed oxygen combustion cycle |
CC | combustion chamber |
G | electricity generator |
RB | recovery boiler |
ST | steam turbine |
R | regenerator |
LPT | low-pressure turbine |
HPT | high-pressure turbine |
HTT | high-temperature turbine |
HRSG | heat recovery steam generator |
D | deaerator |
RH | reheater |
IPT | intermediate pressure turbine |
ASU | air separation unit |
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Reservoir Type | CO2 Storage Minimal Capacity, Gt | CO2 Storage Maximal Capacity, Gt |
---|---|---|
Oil and gas fields | 675 | 900 |
Coal beds with no industrial use | 3–15 | 200 |
Deep-location coal beds | 1000 | - |
Oxy-Fuel Combustion Cycles | Fuel | Oxidizer | Net Efficiency, % | Specific Amount of Produced CO2, g/kWh | CO2 Capture Rate, % | Specific Amount of Captured CO2, g/kWh | Specific Amount of CO2 Emitted to the Atmosphere, g/kWh |
---|---|---|---|---|---|---|---|
Oxy-fuel combustion cycle | |||||||
SCOC-CC | CH4 | O2 | 45 | 406 | 98.9 | 402 | 5 |
MATIANT | CH4 | O2 | 46 | 421 | 98.9 | 417 | 5 |
S-Graz cycle | CH4 | O2 | 54 | 359 | 98.9 | 355 | 4 |
CES cycle | CH4 | O2 | 48 | 404 | 98.9 | 399 | 4 |
Allam cycle | CH4 | O2 | 57 | 343 | 98.9 | 339 | 4 |
Combined steam–gas cycle | |||||||
Combined cycle—gas turbine with CCS | CH4 | Air | 48 | 404 | 89 | 359 | 44 |
Combined cycle—gas turbine without CCS | CH4 | Air | 60 | 323 | 0 | 0 | 323 |
Parameter Sets | 1 | 2 | 3 | 4 | 5 | 6 | Combined Cycle Power Facility |
Facility performance:
| 800 1100 25 2 | 800 1300 25 5 | 800 1100 30 3 | 800 1500 30 2 | 800 1100 35 2 | 800 1500 35 2 | |
Net efficiency, % | 51.3 | 58.2 | 52.0 | 58.2 | 50.9 | 58.3 | 58.2 |
Net power, MW | 283.4 | 241.5 | 270.2 | 414.2 | 315.4 | 435.6 | 420.0 |
Natural gas massflow, kg/s | 11.195 | 8.423 | 10.550 | 14.438 | 12.575 | 15.164 | 14.68 |
CO2 emission massflow, kg/s | 0.347 | 0.261 | 0.327 | 0.44671 | 0.389 | 0.469 | 37.683 |
Gas turbine price, bil. RUB | 478.9 | 555.5 | 393.6 | 1563.4 | 669.3 | 1876.0 | ‒ |
Compressor price, bil. RUB | 220.1 | 61.5 | 185.9 | 97.9 | 316.9 | 120.2 | ‒ |
Combustion chamber price, bil. RUB | 609.5 | 739.9 | 706.4 | 999.8 | 842.2 | 1153.0 | ‒ |
Recuperator price, bil. RUB | 1388.5 | 1904.8 | 1520.0 | 2488.3 | 1866.8 | 3010.9 | ‒ |
Air split unit price, RUB | 721.3 | 542.7 | 679.7 | 930.2 | 810.2 | 977.0 | ‒ |
Auxiliary equipment price, bil. RUB | 697.1 | 697.1 | 697.1 | 697.1 | 697.1 | 697.1 | ‒ |
Total equipment price, bil. RUB | 4115.4 | 4501.5 | 4182.7 | 6776.7 | 5184.4 | 7834.3 | ‒ |
Installed power specific price, bil. RUB | 32,368.4 | 41,427.0 | 34,399.8 | 36,354.0 | 36,532.8 | 39,967.1 | 35,238.1 |
Capital investment, bil. RUB | 9145.3 | 10,003.2 | 9294.9 | 15,059.4 | 11,521.0 | 17,409.5 | 14,800.0 |
Harm Class | Agent | Harmfulness Class | Point limit Kp, mg/m3 | Dayly Mean Content Kcc, mg/m3 |
---|---|---|---|---|
1 | Carbon monoxide | 4 | 5 | 3 |
2 | Nitrogen dioxide | 2 | 0.2 | 0.04 |
3 | Nitrogen oxide | 3 | 0.4 | 0.06 |
4 | Supfur dioxide | 3 | 0.5 | 0.05 |
5 | Ammonia | 4 | 0.2 | 0.04 |
6 | Hydrogen sulphide | 2 | 0.008 | - |
Financial Parameter | Calculation Model | Model Parameters |
---|---|---|
Net present value (NPV) | CFt—net payment flow in the year t; T—period of project implementation; E—discount rate | |
Net payment flow (CFt) | CD—depreciation payment; NPt—net profit in the year t | |
Depreciation payment (CD) | Ts—equipment operation life; CI—facility construction capital investments | |
Net profit (NPt) | Pt—income before tax payment in year t; Vt—income tax in the year t | |
Income before tax payment (Pt) | Rt—income from electricity and power sales in the year t; OCt—operation costs in the year t | |
Income from electricity and power sale (Rt) | REt—income from electricity sales; RCt—income from power sales | |
Income from electricity sale (REt) | SE—annual electricity supply by a single power unit; n—number of power units; PE—electricity market price | |
Income from power sale (RCt) | N—single power unit net capacity; PC—capacity market price | |
Operation expenses (OCt) | CF—fuel expenses; CD—depreciation charges; CR—repair expenses; CW—wage expenses; Cother—overall expenses; CCO2—expenses related to the quote payment for carbon dioxide emissions | |
Fuel expenses (CF) | EFnet—net efficiency; QL—low calorific value; hC—number of hours of installed power operation per year; α—fuel transportation losses; PF—fuel price (natural gas) | |
Repair expenses (CR) | ΒR—repair fund allocation | |
Wage expenses (CW) | nip, nmp—strength of management and operation personnel; Wip, Wmp—mean monthly management and operation personnel salary; γ—social allocations | |
Overall expenses (Cother) | µ—rate of overall expenses for depreciation, repair and salary payments | |
Quote payment for CO2 emissions (CCO2) | PCO2—price of 1 kg of carbon dioxide emissions; mCO2—carbon dioxide emission massflow |
Parameter | Parameter Value | Units |
---|---|---|
Analysis period (T = TS) | 23 | year |
Annual inflation | 4 | % |
Discount norm (E) | 14 | % |
VAT (Vt) | 20 | % |
Number of power facility blocks (n) | 1 | Pcs |
Wholesale electricity price (PE) | 1147 | th. RUB/MW hr |
Power price under the power availability agreement in first 10 years of operation (PE) | 1000 | th. RUB/MW hr |
Power price in the competitive power market (PE) | 282,310 | th. RUB/MW hr |
Natural gas fuel price | 6.48 | rubles/kg |
Natural gas calorific value (QL) | 49,157 | MJ/kg |
Repair fund allocation (ΒR) | 0.07 | - |
Operational personnel number (nip) | 140 | person |
Management personnel number (nmp) | 40 | person |
Operational personnel mean salary | 50 | th. RUB/person |
Management personnel salary | 90 | th. RUB/person |
Part for social payments (γ) | 0.3 | - |
Part for overall expenses (µ) | 0.2 | - |
Facility Type | Net Efficiency, % | Electricity Prime Cost, RUB/kWh |
---|---|---|
Oxy-fuel facility with parameter set (1) | 51.3 | 0.949 |
Oxy-fuel facility with parameter set (2) | 58.2 | 0.838 |
Oxy-fuel facility with parameter set (3) | 52.0 | 0.938 |
Oxy-fuel facility with parameter set (4) | 58.2 | 0.837 |
Oxy-fuel facility with parameter set (5) | 50.9 | 0.958 |
Oxy-fuel facility with parameter set (6) | 58.3 | 0.837 |
Combined cycle facility | 58.2 | 0.840 |
Power Facility Type | NPV, Thousand RUB | DPP, Years |
---|---|---|
Oxy-fuel facility with parameter set (1) | 3,114,534 | 7 |
Oxy-fuel facility with parameter set (2) | 2,051,322 | 8 |
Oxy-fuel facility with parameter set (3) | 2,169,977 | 8 |
Oxy-fuel facility with parameter set (4) | 4,420,182 | 8 |
Oxy-fuel facility with parameter set (5) | 1,483,996 | 9 |
Oxy-fuel facility with parameter set (6) | 2,401,397 | 9 |
Combined cycle facility | 5,148,783 | 7 |
Emission Quote Price, RUB/t CO2 | Oxy-Fuel Facility with Parameter Set (4) | Combined Cycle | ||||
---|---|---|---|---|---|---|
NPV, Million RUB | DPP, Years | Cost of Electricity, RUB/kWh | NPV, Million RUB | DPP, Years | Cost of Electricity, RUB/kWh | |
0 | 4.420 | 8 | 0.838 | 5.149 | 7 | 0.838 |
160–480 | 4.413 ÷ 4.395 | 8 | 0.839 | 4.423 ÷ 2.985 | 8 | 0.889 ÷ 0.993 |
1200 | 4.357 | 8 | 0.842 | −0.3497 | No payback | 1.23 |
2400 | 4.293 | 8 | 0.847 | −5.965 | No payback | 1.62 |
4800 | 4.166 | 8 | 0.856 | −17.493 | No payback | 2.39 |
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Kindra, V.; Rogalev, A.; Lisin, E.; Osipov, S.; Zlyvko, O. Techno-Economic Analysis of the Oxy-Fuel Combustion Power Cycles with Near-Zero Emissions. Energies 2021, 14, 5358. https://doi.org/10.3390/en14175358
Kindra V, Rogalev A, Lisin E, Osipov S, Zlyvko O. Techno-Economic Analysis of the Oxy-Fuel Combustion Power Cycles with Near-Zero Emissions. Energies. 2021; 14(17):5358. https://doi.org/10.3390/en14175358
Chicago/Turabian StyleKindra, Vladimir, Andrey Rogalev, Evgeny Lisin, Sergey Osipov, and Olga Zlyvko. 2021. "Techno-Economic Analysis of the Oxy-Fuel Combustion Power Cycles with Near-Zero Emissions" Energies 14, no. 17: 5358. https://doi.org/10.3390/en14175358