Techno-economic analysis of ultra-supercritical power plants using air- and oxy-combustion circulating fluidized bed with and without CO2 capture

The adoption of oxy-combustion in a circulating fluidized bed (CFB) producing ultra-supercritical (USC) steam has been investigated to increase energy efficiency and reduce CO2 emissions of coal-fired power plants. This paper presents a techno-economic analysis for 500 MWe USC-CFB power plants with air- and oxy-combustion in the presence of CO2 capture. An amine absorber unit (MU) and a CO2 processing unit (CPU) were used to capture CO2 in the air- and oxy-combustion power plants, respectively. The air-combustion power plant without CO2 capture (Case 1) showed the highest net electricity efficiency (46%), whereas the introduction of an AAU in the air-combustion power plant (Case 2) reduced the net efficiency to 36%. The net efficiency (39%) of the oxy-combustion power plant with CPU (Case 3) was higher than that of Case 2 owing to the recycling of hot flue gas. The levelized cost of electricity (LCOE) of Case 3 (59 $/MWh) was lower than that of Case 2 (64 $/MWh), which demonstrated that oxy-combustion was advantageous compared to air-combustion in a scenario with CO2 capture. The sensitivity analyses of the electricity price and CO2 credit showed economic situations where Cases 2 and 3 would be profitable. (C) 2019 Elsevier Ltd. All rights reserved.