CARBON SEQUESTRATION TECHNOLOGIES A TECHNO-ECONOMIC REVIEW

Abstract: CO2 sequestration and storage is getting a remarkable attention due to potential Greenhouse Gas mitigation method for the fossil fuel power plant. Economic analysis of various available technologies is a very important tool in deciding the best carbon capture technology. Thus, particular studies often are limited values to analysts, researchers and industrial personnel who are in search of results for alternative cases. In this article we have discussed the current costs of fossil fuel power plants with carbon capture techniques. The major 3 plant types are considered here are pulverized Coal (PC), Natural Gas Combined Cycle plants (NGCC), and Integrated Gasification Combined Cycle (IGCC). Along with these three plants, comparison of the cost of electricity of NGCC + MCFC (Molten Carbonate Fuel Cell) plant with conventional NGCC + MEA (mono-ethanol ammine based CO2 capture system) is done.

Keywords: CO2 sequestration, Economic analysis, Molten Carbonate Fuel Cell, mono-ethanol ammine.