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Techno-economic and commercial opportunities for CCS-ready plants in Guangdong Province, China
Techno-economic and commercial opportunities for CCS-ready plants in Guangdong Province, China

1st March 2013

Topic(s): Carbon capture, use and storage (CCUS), Nuclear energy, Project financing, Policy, law and regulation

Guangdong is a pioneer in the reform of the Chinese economy and one of the most developed provinces in China (OECD, 2010). The provincial government of Guangdong plans gradually to establish a green energy system. In late 2010 the government set a target to reduce carbon intensity and a pilot carbon emission trading scheme has started from 2012. However, by March 2010, 16GW of ultra supercritical pulverised coal power plants (USCPC) with a unit size of 1000MW were already in the construction stage, while an even greater amount of large coal-fired power plants are pending for approval. The implementation of CCSR concepts in these plants to ease subsequent retrofitting to CO2 capture therefore becomes an urgent task in Guangdong. This study addresses the technical, economic, financial and stakeholder acceptability aspects of CCSR in Guangdong and investigates potential drivers and barriers to implement CCSR in Guangdong immediately.

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