IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v368y2024ics0306261924009024.html
   My bibliography  Save this article

Power-to-heat amine-based post-combustion CO2 capture system with solvent storage utilizing fluctuating electricity prices

Author

Listed:
  • Isogai, Hirotaka
  • Nakagaki, Takao

Abstract

A thermal power plant employing amine-based post-combustion CO2 capture (PCC) stands as a key technology for low-carbon, stable power sources aiming to economically achieve net zero CO2 emissions in the electric power sector. However, the high cost associated with amine-based PCC has prevented its swift implementation. This study proposes a novel power-to-heat amine-based PCC system featuring solvent storage tanks. This system provides CO2 absorption during the operation of the thermal power plant and facilitates CO2 desorption through a heat pump driven by exceptionally inexpensive electricity procured during peak power generation periods from the grid. To demonstrate this concept, we evaluated the profitability of the proposed system using mathematical modelling and the calculation of the capital expenditure (CAPEX) and fixed operating expenses. The mathematical model optimizes the operational modes of the system facilities based on actual annual electricity prices. The results demonstrated that the novel PCC system decreased the average cost for energy consumption during the CO2 stripping and compression process per tonne of CO2 by approximately 30% compared with the conventional, flexible PCC system with venting. Consequently, it increased the net present value by approximately 15%. This showcases the feasibility of the power-to-heat amine-based PCC system in electricity markets prone to extreme fluctuations in electricity prices, where prices plummet during periods of surplus and escalate during peak demand. Notably, results also revealed that despite the low-capacity factor of the power plant (<30%) in such markets, retrofitting an amine-based PCC system into fully depreciated existing natural gas combined cycles yielded positive net present values even without economic incentives like credits for captured and stored CO2 or grant funding for CAPEX. This suggests potential economic sustainability of the system, even in the imminent rise of inexpensive variable renewable energy. However, the results also indicated that such a low-capacity factor and high PCC CAPEX require high CO2 price (350–400 USD/t-CO2) to incentivize carbon capture and storage (CCS) adoption in a power plant in the market. Therefore, reduction in PCC CAPEX should be emphasized as a future challenge in the scenario of swiftly employing thermal power plants equipped with CCS as a dispatchable firm power source. Finally, implementing the power-to-heat amine-based PCC system will bolster power supply reliability and alleviate the curtailment of power generation caused by variable renewable energy sources.

Suggested Citation

  • Isogai, Hirotaka & Nakagaki, Takao, 2024. "Power-to-heat amine-based post-combustion CO2 capture system with solvent storage utilizing fluctuating electricity prices," Applied Energy, Elsevier, vol. 368(C).
    • Handle: RePEc:eee:appene:v:368:y:2024:i:c:s0306261924009024
    DOI: 10.1016/j.apenergy.2024.123519
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261924009024
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.apenergy.2024.123519?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Oh, Se-Young & Yun, Seokwon & Kim, Jin-Kuk, 2018. "Process integration and design for maximizing energy efficiency of a coal-fired power plant integrated with amine-based CO2 capture process," Applied Energy, Elsevier, vol. 216(C), pages 311-322.
    2. Lindqvist, Karl & Jordal, Kristin & Haugen, Geir & Hoff, Karl Anders & Anantharaman, Rahul, 2014. "Integration aspects of reactive absorption for post-combustion CO2 capture from NGCC (natural gas combined cycle) power plants," Energy, Elsevier, vol. 78(C), pages 758-767.
    3. Manzolini, G. & Sanchez Fernandez, E. & Rezvani, S. & Macchi, E. & Goetheer, E.L.V. & Vlugt, T.J.H., 2015. "Economic assessment of novel amine based CO2 capture technologies integrated in power plants based on European Benchmarking Task Force methodology," Applied Energy, Elsevier, vol. 138(C), pages 546-558.
    4. Zhao, Bin & Liu, Fangzheng & Cui, Zheng & Liu, Changjun & Yue, Hairong & Tang, Siyang & Liu, Yingying & Lu, Houfang & Liang, Bin, 2017. "Enhancing the energetic efficiency of MDEA/PZ-based CO2 capture technology for a 650MW power plant: Process improvement," Applied Energy, Elsevier, vol. 185(P1), pages 362-375.
    5. Matsuo, Yuhji & Endo, Seiya & Nagatomi, Yu & Shibata, Yoshiaki & Komiyama, Ryoichi & Fujii, Yasumasa, 2020. "Investigating the economics of the power sector under high penetration of variable renewable energies," Applied Energy, Elsevier, vol. 267(C).
    6. Richard Schmalensee, 2022. "Competitive Energy Storage and the Duck Curve," The Energy Journal, , vol. 43(2), pages 1-16, March.
    7. Eppinger, Bernd & Steger, Daniel & Regensburger, Christoph & Karl, Jürgen & Schlücker, Eberhard & Will, Stefan, 2021. "Carnot battery: Simulation and design of a reversible heat pump-organic Rankine cycle pilot plant," Applied Energy, Elsevier, vol. 288(C).
    8. Brouwer, Anne Sjoerd & van den Broek, Machteld & Seebregts, Ad & Faaij, André, 2015. "Operational flexibility and economics of power plants in future low-carbon power systems," Applied Energy, Elsevier, vol. 156(C), pages 107-128.
    9. Li, Kangkang & Leigh, Wardhaugh & Feron, Paul & Yu, Hai & Tade, Moses, 2016. "Systematic study of aqueous monoethanolamine (MEA)-based CO2 capture process: Techno-economic assessment of the MEA process and its improvements," Applied Energy, Elsevier, vol. 165(C), pages 648-659.
    10. Van Wagener, David H. & Liebenthal, Ulrich & Plaza, Jorge M. & Kather, Alfons & Rochelle, Gary T., 2014. "Maximizing coal-fired power plant efficiency with integration of amine-based CO2 capture in greenfield and retrofit scenarios," Energy, Elsevier, vol. 72(C), pages 824-831.
    11. Otitoju, Olajide & Oko, Eni & Wang, Meihong, 2021. "Technical and economic performance assessment of post-combustion carbon capture using piperazine for large scale natural gas combined cycle power plants through process simulation," Applied Energy, Elsevier, vol. 292(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Zhiwei & Hong, Suk-Hoon & Lee, Chang-Ha, 2023. "Role and impact of wash columns on the performance of chemical absorption-based CO2 capture process for blast furnace gas in iron and steel industries," Energy, Elsevier, vol. 271(C).
    2. Pereira, Luís M.C. & Vega, Lourdes F., 2018. "A systematic approach for the thermodynamic modelling of CO2-amine absorption process using molecular-based models," Applied Energy, Elsevier, vol. 232(C), pages 273-291.
    3. Yun, Seokwon & Oh, Se-Young & Kim, Jin-Kuk, 2020. "Techno-economic assessment of absorption-based CO2 capture process based on novel solvent for coal-fired power plant," Applied Energy, Elsevier, vol. 268(C).
    4. Otitoju, Olajide & Oko, Eni & Wang, Meihong, 2021. "Technical and economic performance assessment of post-combustion carbon capture using piperazine for large scale natural gas combined cycle power plants through process simulation," Applied Energy, Elsevier, vol. 292(C).
    5. Nwaoha, Chikezie & Tontiwachwuthikul, Paitoon, 2019. "Carbon dioxide capture from pulp mill using 2-amino-2-methyl-1-propanol and monoethanolamine blend: Techno-economic assessment of advanced process configuration," Applied Energy, Elsevier, vol. 250(C), pages 1202-1216.
    6. Pereira, Luís M.C. & Llovell, Fèlix & Vega, Lourdes F., 2018. "Thermodynamic characterisation of aqueous alkanolamine and amine solutions for acid gas processing by transferable molecular models," Applied Energy, Elsevier, vol. 222(C), pages 687-703.
    7. Yun, Seokwon & Lee, Sunghoon & Jang, Mun-Gi & Kim, Jin-Kuk, 2021. "Techno-economic assessment of CO2 capture integrated coal-fired power plant with energetic analysis," Energy, Elsevier, vol. 236(C).
    8. Garlapalli, Ravinder K. & Spencer, Michael W. & Alam, Khairul & Trembly, Jason P., 2018. "Integration of heat recovery unit in coal fired power plants to reduce energy cost of carbon dioxide capture," Applied Energy, Elsevier, vol. 229(C), pages 900-909.
    9. Shamsi, Mohammad & Naeiji, Esfandiyar & Rooeentan, Saeed & Shahandashty, Behnam Fayyaz & Namegoshayfard, Parham & Bonyadi, Mohammad, 2023. "Proposal and investigation of CO2 capture from fired heater flue gases to increase methanol production: A case study," Energy, Elsevier, vol. 274(C).
    10. Xie, Heping & Wu, Yifan & Liu, Tao & Wang, Fuhuan & Chen, Bin & Liang, Bin, 2020. "Low-energy-consumption electrochemical CO2 capture driven by biomimetic phenazine derivatives redox medium," Applied Energy, Elsevier, vol. 259(C).
    11. Adams, T. & Mac Dowell, N., 2016. "Off-design point modelling of a 420MW CCGT power plant integrated with an amine-based post-combustion CO2 capture and compression process," Applied Energy, Elsevier, vol. 178(C), pages 681-702.
    12. Zhang, Weidong & Jin, Xianhang & Tu, Weiwei & Ma, Qian & Mao, Menglin & Cui, Chunhua, 2017. "Development of MEA-based CO2 phase change absorbent," Applied Energy, Elsevier, vol. 195(C), pages 316-323.
    13. Ji, Long & Yu, Hai & Li, Kangkang & Yu, Bing & Grigore, Mihaela & Yang, Qi & Wang, Xiaolong & Chen, Zuliang & Zeng, Ming & Zhao, Shuaifei, 2018. "Integrated absorption-mineralisation for low-energy CO2 capture and sequestration," Applied Energy, Elsevier, vol. 225(C), pages 356-366.
    14. Oh, Hyun-Taek & Ju, Youngsan & Chung, Kyounghee & Lee, Chang-Ha, 2020. "Techno-economic analysis of advanced stripper configurations for post-combustion CO2 capture amine processes," Energy, Elsevier, vol. 206(C).
    15. Arshad, Nahyan & Alhajaj, Ahmed, 2023. "Process synthesis for amine-based CO2 capture from combined cycle gas turbine power plant," Energy, Elsevier, vol. 274(C).
    16. Oh, Se-Young & Kim, Jin-Kuk, 2018. "Operational optimization for part-load performance of amine-based post-combustion CO2 capture processes," Energy, Elsevier, vol. 146(C), pages 57-66.
    17. Carapellucci, Roberto & Giordano, Lorena & Vaccarelli, Maura, 2015. "Studying heat integration options for steam-gas power plants retrofitted with CO2 post-combustion capture," Energy, Elsevier, vol. 85(C), pages 594-608.
    18. Fu, Yue & Huang, Yan & Xin, Haozhe & Liu, Ming & Wang, Liyuan & Yan, Junjie, 2024. "The pressure sliding operation strategy of the carbon capture system integrated within a coal-fired power plant: Influence factors and energy saving potentials," Energy, Elsevier, vol. 307(C).
    19. Garðarsdóttir, Stefanía Ó. & Göransson, Lisa & Normann, Fredrik & Johnsson, Filip, 2018. "Improving the flexibility of coal-fired power generators: Impact on the composition of a cost-optimal electricity system," Applied Energy, Elsevier, vol. 209(C), pages 277-289.
    20. Zheng, Yawen & Gao, Lin & He, Song, 2023. "Analysis of the mechanism of energy consumption for CO2 capture in a power system," Energy, Elsevier, vol. 262(PA).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:368:y:2024:i:c:s0306261924009024. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.