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The impact of carbon sequestration on the production cost of electricity and hydrogen from coal and natural-gas technologies in Europe in the medium term

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  • Tzimas, Evangelos
  • Peteves, Stathis D.

Abstract

Carbon sequestration is a distinct technological option with a potential for controlling carbon emissions; it complements other measures, such as improvements in energy efficiency and utilization of renewable energy sources. The deployment of carbon sequestration technologies in electricity generation and hydrogen production will increase the production costs of these energy carriers. Our economic assessment has shown that the introduction of carbon sequestration technologies in Europe in 2020, will result in an increase in the production cost of electricity by coal and natural gas technologies of 30–55% depending on the electricity-generation technology used; gas turbines will remain the most competitive option for generating electricity; and integrated gasification combined cycle technology will become competitive. When carbon sequestration is coupled with natural-gas steam reforming or coal gasification for hydrogen production, the production cost of hydrogen will increase by 14–16%. Furthermore, natural-gas steam reforming with carbon sequestration is far more economically competitive than coal gasification.

Suggested Citation

  • Tzimas, Evangelos & Peteves, Stathis D., 2005. "The impact of carbon sequestration on the production cost of electricity and hydrogen from coal and natural-gas technologies in Europe in the medium term," Energy, Elsevier, vol. 30(14), pages 2672-2689.
    • Handle: RePEc:eee:energy:v:30:y:2005:i:14:p:2672-2689
    DOI: 10.1016/j.energy.2004.07.005
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    Cited by:

    1. Harvey, L.D. Danny, 2013. "The potential of wind energy to largely displace existing Canadian fossil fuel and nuclear electricity generation," Energy, Elsevier, vol. 50(C), pages 93-102.
    2. Singh, A.K. & Goerke, U.-J. & Kolditz, O., 2011. "Numerical simulation of non-isothermal compositional gas flow: Application to carbon dioxide injection into gas reservoirs," Energy, Elsevier, vol. 36(5), pages 3446-3458.
    3. Tzimas, Evangelos & Mercier, Arnaud & Cormos, Calin-Cristian & Peteves, Stathis D., 2007. "Trade-off in emissions of acid gas pollutants and of carbon dioxide in fossil fuel power plants with carbon capture," Energy Policy, Elsevier, vol. 35(8), pages 3991-3998, August.
    4. Matovic, Darko, 2011. "Biochar as a viable carbon sequestration option: Global and Canadian perspective," Energy, Elsevier, vol. 36(4), pages 2011-2016.
    5. repec:fpb:wpaper:102 is not listed on IDEAS
    6. Edward H Owens & Samuel Chapman & Paul Allan, 2010. "The Impact of Carbon Capture and Storage on Coal Resource Depletion," Energy & Environment, , vol. 21(8), pages 925-936, December.
    7. Aguilera, Roberto F., 2010. "The future of the European natural gas market: A quantitative assessment," Energy, Elsevier, vol. 35(8), pages 3332-3339.
    8. Danielle Devogelaer & Dominique Gusbin, 2007. "Planning Paper 102 - Energievooruitzichten voor België tegen 2030 in een tijdperk van klimaatverandering [Planning Paper 102 - Perspectives énergétiques pour la Belgique à l’horizon 2030 dans ," Planning Papers 102, Federal Planning Bureau, Belgium.
    9. Menegaki, Angeliki N. & Tsagarakis, Konstantinos P., 2015. "Rich enough to go renewable, but too early to leave fossil energy?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1465-1477.

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