• Title/Summary/Keyword: Fuel Cycle Costs

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MCFC 배기가스를 이용하는 순산소연소 $CO_2$ 회수형 발전시스템의 특성과 경제성 평가 (Characteristics and Economic Evaluation of a CO2-Capturing Repowering System with Oxy-Fuel Combustion for Utilizing Exhaust Gas of MCFC)

  • 박병식;이영덕;안국영;정현일
    • 대한기계학회:학술대회논문집
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    • 대한기계학회 2008년도 추계학술대회B
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    • pp.2940-2945
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    • 2008
  • The scale of 2.4 MW MCFC was taken to construct a high-efficiency and economical power generation system without CO2 emission into the atmosphere for utilizing its exhaust gas. The conventional steam turbine power generation system (STGS) was evaluated and the net generated power (NGP) was estimated to be only 133 kW and the STGS is not economically feasible. A CO2-caputuring repowering system was proposed, where low temperature steam (LTS) produced at HRSG by using exhaust gas from MCFC is utilized as a main working fluid of a gas turbine, and the temperature of LTS was raised by combusting fuel in a combustor by using pure oxygen, not the air. It has been shown that NGP of the proposed system is 264 kW, and CO2 reduction amount is 608 t-CO2/y, compared to 306 t-CO2/y of STGS. The CO2 reduction cost was estimated to be negligible small, even when the costs of oxygen production and CO2 liquefaction facilities etc. were taken into account.

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Economic analysis of biomass torrefaction plants integrated with corn ethanol plants and coal-fired power plants

  • Tiffany, Douglas G.;Lee, Won Fy;Morey, Vance;Kaliyan, Nalladurai
    • Advances in Energy Research
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    • 제1권2호
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    • pp.127-146
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    • 2013
  • Torrefaction technologies convert assorted biomass feedstocks into energy-concentrated, carbon neutral fuel that is economically transported and easily ground for blending with fossil coals at numerous power plants around the world without needs to retrofit. Utilization of torrefied biomass in conventional electric generating units may be an increasingly attractive alternative for electricity generation as aging power plants in the world need to be upgraded or improved. This paper examines the economic feasibility of torrefaction in different scenarios by modeling torrefaction plants producing 136,078 t/year (150,000 ton/year) biocoal from wood and corn stover. The utilization of biocoal blends in existing coal-fired power plants is modeled to determine the demand for this fuel in the context of emerging policies regulating emissions from coal in the U.S. setting. Opportunities to co-locate torrefaction facilities adjacent to corn ethanol plants and coal-fired power plants are explored as means to improve economics for collaborating businesses. Life cycle analysis was conducted in parallel to this economic study and was used to determine environmental impacts of converting biomass to biocoal for blending in coal-fired power plants as well as the use of substantial flows of off-gasses produced in the torrefaction process. Sensitivity analysis of the financial rates of return of the different businesses has been performed to measure impacts of different factors, whether input prices, output prices, or policy measures that render costs or rewards for the businesses.

Analysis of environmental impact of activated carbon production from wood waste

  • Kim, Mi Hyung;Jeong, In Tae;Park, Sang Bum;Kim, Jung Wk
    • Environmental Engineering Research
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    • 제24권1호
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    • pp.117-126
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    • 2019
  • Activated carbon is carbon produced from carbonaceous source materials, such as coconut shells, coals, and woods. In this study, an activated carbon production system was analyzed by carbonization and activation in terms of environmental impact and human health. The feedstock of wood wastes for the system reduced fossil fuel consumption and disposal costs. Life cycle assessment methodology was used to analyze the environmental impacts of the system, and the functional unit was one tonne of wood wastes. The boundary expansion method was applied to analyze the wood waste recycling process for activated carbon production. An environmental credit was quantified by avoided impact analysis. Specifically, greenhouse gases discharged from 1 kg of activated carbon production system by feeding wood wastes were evaluated. We found that this system reduced global warming potential of approximately $9.69E+00kg\;CO_2-eq$. compared to the process using coals. The environmental benefits for activated carbon production from wood wastes were analyzed in contrast to other disposal methods. The results showed that the activated carbon system using one tonne of wood wastes has an environmental benefit of $163kg\;CO_2-eq$. for reducing global warming potential in comparison with the same amount of wood wastes disposal by landfilling.

Wind and solar energy: a comparison of costs and environmental impacts

  • Carnevale, Ennio A.;Lombardi, Lidia;Zanchi, Laura
    • Advances in Energy Research
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    • 제4권2호
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    • pp.121-146
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    • 2016
  • This study is concerned with the analysis of two renewable technologies for electric energy production: wind energy and photovoltaic energy. The two technologies were assessed and compared by economic point of view, by using selected indicators characterized by a clear calculation approach, requirement of information easy to be collected, clear, but even complete, interpretation of results. The used economic indicators are Levelized Cost of Energy, $CO_2$ abatement cost and fossil fuel saving specific cost; these last two specifically aimed at evaluating the different capabilities that renewable technologies have to cut down direct $CO_2$ emissions and to avoid fossil fuel extraction. The two technologies were compared also from the environmental point of view by applying Life Cycle Assessment approach and using the environmental impact categories from the Eco-indicator'95 method. The economic analysis was developed by taking into account different energy system sizes and different geographic areas in order to compare different European conditions (Italy, Germany and Denmark) in term of renewable resource availability and market trend. The environmental analysis was developed comparing two particular types of PV and wind plants, respectively residential and micro-wind turbine, located in Italy. According to the three calculated economic indicators, the wind energy emerged as more favorable than PV energy. From the environmental point of view, both the technologies are able to provide savings for almost all the considered environmental impact categories. The proposed approach, based on the use of economic and environmental indicators may be useful in supporting the policies and the decision making procedures concerned with the promotion and use of renewables, in reference to the specific geographic, economic and temporal conditions.

A Techno-Economic Study of Commercial Electrochemical CO2 Reduction into Diesel Fuel and Formic Acid

  • Mustafa, Azeem;Lougou, Bachirou Guene;Shuai, Yong;Razzaq, Samia;Wang, Zhijiang;Shagdar, Enkhbayar;Zhao, Jiupeng
    • Journal of Electrochemical Science and Technology
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    • 제13권1호
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    • pp.148-158
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    • 2022
  • The electrochemical CO2 reduction (ECR) to produce value-added fuels and chemicals using clean energy sources (like solar and wind) is a promising technology to neutralize the carbon cycle and reproduce the fuels. Presently, the ECR has been the most attractive route to produce carbon-building blocks that have growing global production and high market demand. The electrochemical CO2 reduction could be extensively implemented if it produces valuable products at those costs which are financially competitive with the present market prices. Herein, the electrochemical conversion of CO2 obtained from flue gases of a power plant to produce diesel and formic acid using a consistent techno-economic approach is presented. The first scenario analyzed the production of diesel fuel which was formed through Fischer-Tropsch processing of CO (obtained through electroreduction of CO2) and hydrogen, while in the second scenario, direct electrochemical CO2 reduction to formic acid was considered. As per the base case assumptions extracted from the previous outstanding research studies, both processes weren't competitive with the existing fuel prices, indicating that high electrochemical (EC) cell capital cost was the main limiting component. The diesel fuel production was predicted as the best route for the cost-effective production of fuels under conceivable optimistic case assumptions, and the formic acid was found to be costly in terms of stored energy contents and has a facile production mechanism at those costs which are financially competitive with its bulk market price. In both processes, the liquid product cost was greatly affected by the parameters affecting the EC cell capital expenses, such as cost concerning the electrode area, faradaic efficiency, and current density.

POTENTIAL APPLICATIONS FOR NUCLEAR ENERGY BESIDES ELECTRICITY GENERATION: A GLOBAL PERSPECTIVE

  • Gauthier, Jean-Claude;Ballot, Bernard;Lebrun, Jean-Philippe;Lecomte, Michel;Hittner, Dominique;Carre, Frank
    • Nuclear Engineering and Technology
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    • 제39권1호
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    • pp.31-42
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    • 2007
  • Energy supply is increasingly showing up as a major issue for electricity supply, transportation, settlement, and process heat industrial supply including hydrogen production. Nuclear power is part of the solution. For electricity supply, as exemplified in Finland and France, the EPR brings an immediate answer; HTR could bring another solution in some specific cases. For other supply, mostly heat, the HTR brings a solution inaccessible to conventional nuclear power plants for very high or even high temperature. As fossil fuels costs increase and efforts to avoid generation of Greenhouse gases are implemented, a market for nuclear generated process heat will be developed. Following active developments in the 80's, HTR have been put on the back burner up to 5 years ago. Light water reactors are widely dominating the nuclear production field today. However, interest in the HTR technology was renewed in the past few years. Several commercial projects are actively promoted, most of them aiming at electricity production. ANTARES is today AREVA's response to the cogeneration market. It distinguishes itself from other concepts with its indirect cycle design powering a combined cycle power plant. Several reasons support this design choice, one of the most important of which is the design flexibility to adapt readily to combined heat and power applications. From the start, AREVA made the choice of such flexibility with the belief that the HTR market is not so much in competition with LWR in the sole electricity market but in the specific added value market of cogeneration and process heat. In view of the volatility of the costs of fossil fuels, AREVA's choice brings to the large industrial heat applications the fuel cost predictability of nuclear fuel with the efficiency of a high temperature heat source tree of Greenhouse gases emissions. The ANTARES module produces 600 MWth which can be split into the required process heat, the remaining power drives an adapted prorated electric plant. Depending on the process heat temperature and power needs, up to 80% of the nuclear heat is converted into useful power. An important feature of the design is the standardization of the heat source, as independent as possible of the process heat application. This should expedite licensing. The essential conditions for success include: ${\bullet}$ Timely adapted licensing process and regulations, codes and standards for such application and design ${\bullet}$ An industry oriented R&D program to meet the technological challenges making the best use of the international collaboration. Gen IV could be the vector ${\bullet}$ Identification of an end user(or a consortium of) willing to fund a FOAK

TERRAPOWER, LLC TRAVELING WAVE REACTOR DEVELOPMENT PROGRAM OVERVIEW

  • Hejzlar, Pavel;Petroski, Robert;Cheatham, Jesse;Touran, Nick;Cohen, Michael;Truong, Bao;Latta, Ryan;Werner, Mark;Burke, Tom;Tandy, Jay;Garrett, Mike;Johnson, Brian;Ellis, Tyler;Mcwhirter, Jon;Odedra, Ash;Schweiger, Pat;Adkisson, Doug;Gilleland, John
    • Nuclear Engineering and Technology
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    • 제45권6호
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    • pp.731-744
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    • 2013
  • Energy security is a topic of high importance to many countries throughout the world. Countries with access to vast energy supplies enjoy all of the economic and political benefits that come with controlling a highly sought after commodity. Given the desire to diversify away from fossil fuels due to rising environmental and economic concerns, there are limited technology options available for baseload electricity generation. Further complicating this issue is the desire for energy sources to be sustainable and globally scalable in addition to being economic and environmentally benign. Nuclear energy in its current form meets many but not all of these attributes. In order to address these limitations, TerraPower, LLC has developed the Traveling Wave Reactor (TWR) which is a near-term deployable and truly sustainable energy solution that is globally scalable for the indefinite future. The fast neutron spectrum allows up to a ~30-fold gain in fuel utilization efficiency when compared to conventional light water reactors utilizing enriched fuel. When compared to other fast reactors, TWRs represent the lowest cost alternative to enjoy the energy security benefits of an advanced nuclear fuel cycle without the associated proliferation concerns of chemical reprocessing. On a country level, this represents a significant savings in the energy generation infrastructure for several reasons 1) no reprocessing plants need to be built, 2) a reduced number of enrichment plants need to be built, 3) reduced waste production results in a lower repository capacity requirement and reduced waste transportation costs and 4) less uranium ore needs to be mined or purchased since natural or depleted uranium can be used directly as fuel. With advanced technological development and added cost, TWRs are also capable of reusing both their own used fuel and used fuel from LWRs, thereby eliminating the need for enrichment in the longer term and reducing the overall societal waste burden. This paper describes the origins and current status of the TWR development program at TerraPower, LLC. Some of the areas covered include the key TWR design challenges and brief descriptions of TWR-Prototype (TWR-P) reactor. Selected information on the TWR-P core designs are also provided in the areas of neutronic, thermal hydraulic and fuel performance. The TWR-P plant design is also described in such areas as; system design descriptions, mechanical design, and safety performance.

LCA 접근방법에 의한 목질연료(칩, 펠릿)의 효율성 비교 (Comparison of Efficiency for Wood Fuels (Chips and Pellets) by Life Cycle Assessment)

  • 최영섭;김준순;차두송
    • 한국산림과학회지
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    • 제98권4호
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    • pp.426-434
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    • 2009
  • 본 연구는 우드칩과 우드펠릿의 전과정평가에 의한 각 공정별 비용 정보를 취합하여 최적 공정을 도출하고, 생산자 입장에서의 이윤과 소비자 입장에서의 효율성을 비교하고자 수행되었다. 비용은 기회비용에 준거하여 적용하였다. 분석 결과, 우드칩이 우드펠릿보다 생산비용이 저렴했고, 우드칩 생산비용이 가장 저렴한 공정은 현장에서 파쇄하여 소비처로 판매하는 공정으로 나타났다. 우드펠릿의 경우에는 현장에서 수집한 산물을 펠릿공장으로 운송하여 펠릿타이징하는 공정의 생산비용이 가장 낮게 나타났다. 판매수입에서 비용을 뺀 이윤은 우드칩이 우드펠릿보다 약간 더 높게 나타났다. 가격 대비 동일한 발열량을 얻기 위한 조건은 우드펠릿의 가격이 우드칩의 그것보다 약 1.27배일 때이다. 현실적으로 우드칩은 생산자 입장에서의 파쇄 현장이 분산됨에 따른 파쇄기 이동비용의 증가, 그리고 현장 주변에 소비처가 없음에 따른 저장비용의 증가 가능성이 높을 뿐만 아니라 이용자 입장에서의 부피가 큰 연료 저장 시설, 연료 보충에 따른 추가적인 노동 발생, 우드펠릿보다 더 많은 양의 재 발생으로 인한 잦은 처리, 우드칩의 자체 습기로 인한 하절기 부패의 가능성, 동절기 결빙 등의 불편함이 있다.

탄소세(炭素稅)를 고려한 화력발전 설비간의 경제성 평가 (Economic Analysis of Power Plant Utilities Under $CO_2$ Emission Tax)

  • 김지수;이병남;김태진
    • 산업공학
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    • 제10권1호
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    • pp.237-248
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    • 1997
  • The purpose of this study is to make an economic analysis of power plant utilities by examining electricity generating costs with environmental consideration. Economic growth has caused pollutant emission, and subsequent environmental pollution has been identified as a very real limit to sustainable development. Considering the enormous role of electricity in the national economy, it is thus very important to study the effect of environmental regulations on the electricity sector. Because power utilities need large investments during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the very important process in the electric system expansion planning. In this study, the levelized generation cost method is used in comparing economic analysis of power plant utilities. Among the pollutants discharged of the electricity sector, this study principally deals with the control activities related only to $CO_2$, and $NO_2$, since the control cost of $SO_2$, and TSP (Total Suspended Particulates) is already included in the construction cost of utilities. The cost of electricity generation in a coal-fired power plant is compared with one in an LNG combined cycle power plant. Moreover this study surveys the sensitivity of fuel price, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically justified in the circumstance of environmental regulations.

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RESRAD-RECYCLE을 활용한 원전 해체 시 발생하는 금속폐기물의 자체처분 기준 적용 연구 (A Study on the Application of Standards for Clearance of Metal Waste Generated During the Decommissioning of NPP by Using the RESRAD-RECYCLE)

  • 송종순;김동민;이상헌
    • 방사성폐기물학회지
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    • 제14권4호
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    • pp.305-320
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    • 2016
  • 원자력발전소 해체 시 발생하는 금속폐기물은 폐기물 중에서 많은 비중을 차지하고 있다. 본 연구에서는 국내 자체처분 규제 요건 및 국내 기관별 자체처분현황을 조사하였다. 실제 원자력발전소 해체 시 발생되는 금속폐기물의 자체처분을 위하여 RESRAD-RECYCLE 코드를 이용하였으며 26가지 시나리오에 대한 선량평가를 수행하였다. 평가결과는 원자력발전소 해체 시 자체처분 및 재활용에 관한 사전자료로서 활용가치가 있을 것으로 사료된다. 추후 자체처분을 통한 처분비용 저감효과 연구가 추가로 가능할 것으로 판단된다.