Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)

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Economic Analysis and Simulation of Carbon Capture Projects in the Power Industry

Authors
Fei He1, *, Ye Liu1, *, Pengyang Zhou1, *, Shengchang Lu1, *, Jieyun Cai1, *, Yundong Zhao2, *
1Huadian Road, Lingang Industrial Concentration Area, Xiashu Town, Jiangsu, Jurong, China
2Tsinghua University, Shunde Building 401, Beijing, China
*Corresponding author. Email: hf_jrhd@126.com
*Corresponding author. Email: 18913402478@126.com
*Corresponding author. Email: zpy_jrhd@126.com
*Corresponding author. Email: 985513257@qq.com
*Corresponding author. Email: 615355918@qq.com
*Corresponding author. Email: zyd22@mails.tsinghua.edu.cn
Corresponding Authors
Fei He, Ye Liu, Pengyang Zhou, Shengchang Lu, Jieyun Cai, Yundong Zhao
Available Online 10 August 2023.
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.

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Volume Title
Proceedings of the 2nd International Academic Conference on Blockchain, Information Technology and Smart Finance (ICBIS 2023)
Series
Atlantis Highlights in Computer Sciences
Publication Date
10 August 2023
ISBN
10.2991/978-94-6463-198-2_102
ISSN
2589-4900
DOI
10.2991/978-94-6463-198-2_102How to use a DOI?
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

risenwbib
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  -