气候变化领域集成服务门户(CCPortal): Modelling plant-level abatement costs and effects of incentive policies for coal-fired power generation retrofitted with CCUS

CCPortal

DOI	10.1016/j.enpol.2022.112959
	Modelling plant-level abatement costs and effects of incentive policies for coal-fired power generation retrofitted with CCUS
	Fan J.-L.; Li Z.; Li K.; Zhang X.
发表日期	2022
ISSN	0301-4215
卷号	165
英文摘要	Coal-fired power plants (CFPPs) are the main source of CO2 emissions in China, and carbon capture, utilization, and storage (CCUS) is widely recognized as a key technology for achieving carbon neutrality in the power industry. However, due to the high investment risk and cost of CCUS technology, it has not yet entered commercialization. Based on a source-sink matching model, this study uses the Levelized Cost of Energy (LCOE) approach to evaluate the cost of electricity generation after retrofitting CCUS projects at plant-level to CFPPs nationwide and considers the incentive effects of carbon markets, subsidies for additional generation hours, and a U.S. 45Q tax credit policy. Analysis indicates that without any incentives, the LCOEs of Chinese CFPPs after retrofitting with CCUS range from −15 to 134 USD/MWh, with an average value of 73 USD/MWh. Multiple incentives used together will help the early development of CCUS projects, and if coal-fired CCUS is given the same subsidies as carbon-free electricity, this will promote the retrofitting of CCUS to CFPPs. These insights suggest that CCUS is a key cost-effective technology that can help China's existing CFPPs achieve economic decarbonization, and provide useful information for electric power enterprises and government decisionmakers. © 2022 Elsevier Ltd
英文关键词	CCUS; CFPPs; Incentive policies; LCOE; Source-sink matching
语种	英语
scopus关键词	Carbon capture; Coal fired power plant; Coal fueled furnaces; Coal storage; Cost effectiveness; Costs; Fossil fuel power plants; Investments; Retrofitting; Taxation; Carbon storage; Carbon utilization; Cost of energies; Incentives policy; Levelized cost of energy; Levelized costs; Matchings; Plant level; Source-sink; Source-sink matching; Coal; abatement cost; coal-fired power plant; decision making; energy policy; energy resource; governance approach; incentive; power generation; China
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256224
作者单位	State Key Laboratory of Coal Resources and Safe Mining (China University of Mining and Technology), Beijing, 100083, China; Center for Sustainable Development and Energy Policy Research (SDEP), School of Energy and Mining Engineering, China University of Mining & Technology, Beijing (CUMTB), Beijing, 100083, China; The Administrative Centre for China's Agenda 21 (ACCA21), Ministry of Science and Technology (MOST), Beijing, 100038, China
推荐引用方式 GB/T 7714	Fan J.-L.,Li Z.,Li K.,et al. Modelling plant-level abatement costs and effects of incentive policies for coal-fired power generation retrofitted with CCUS[J],2022,165.
APA	Fan J.-L.,Li Z.,Li K.,&Zhang X..(2022).Modelling plant-level abatement costs and effects of incentive policies for coal-fired power generation retrofitted with CCUS.Energy Policy,165.
MLA	Fan J.-L.,et al."Modelling plant-level abatement costs and effects of incentive policies for coal-fired power generation retrofitted with CCUS".Energy Policy 165(2022).