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Retrofitting coal-fired power plants for carbon dioxide capture and sequestration: exploratory testing of NEMS for integrated assessments

18th January 2008

Topic(s): Carbon capture use and storage (CCUS), CO2 capture, Economics

As part of an assessment for analyzing the prospects of retrofitting existing coal-fired power plants for carbon dioxide (CO2) capture and sequestration, an integrated analysis using the National Energy Modeling System (NEMS) of the Energy Information Administration was undertaken using a generic model of retrofit costs as a function of basic plant characteristics (such as heat rate). Modifications to NEMS were made to enable an endogenous determination of the tradeoffs between retrofit, retirement, and the purchase of emission allowances. The cost for CO2 retrofit included direct costs (capital and O&M), indirect costs (capacity and heat rate penalties), and a nominal cost for transportation, injection, measurement, monitoring, and verification (MMV).

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Retrofitting coal-fired power plants for carbon dioxide capture and sequestration: exploratory testing of NEMS for integrated assessments

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