Economic Analysis and Simulation of Carbon Capture Projects in the Power Industry
- DOI
- 10.2991/978-94-6463-198-2_102How to use a DOI?
- Keywords
- Power industry; Low-carbon development; Engineering project management; Carbon capture project; Economic analysis; Data simulation analysis
- Abstract
The power industry is a major contributor to CO2 emissions in China, and hence its low-carbon development plays an important role in the nation’s initiatives to build a low-carbon economy and reach the goal of emissions reduction. Based on the analysis of existing carbon capture technologies in the power industry, an economic analysis method of incremental cost accounting for carbon capture projects in the power industry is proposed. In addition, the project economic theory is analysed from two aspects—initial investment incremental cost and annual operating expense incremental cost, and simulation is carried out based on data from post-combustion carbon capture projects. These efforts are expected to provide a reference for the economic analysis of the construction of carbon capture projects and boost low-carbon development in the power industry.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Fei He AU - Ye Liu AU - Pengyang Zhou AU - Shengchang Lu AU - Jieyun Cai AU - Yundong Zhao PY - 2023 DA - 2023/08/10 TI - Economic Analysis and Simulation of Carbon Capture Projects in the Power Industry BT - Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023) PB - Atlantis Press SP - 976 EP - 989 SN - 2589-4900 UR - https://doi.org/10.2991/978-94-6463-198-2_102 DO - 10.2991/978-94-6463-198-2_102 ID - He2023 ER -