Techno-economic Assessment of Flexible Combined Heat and Power Plant with Carbon Capture and Storage

Abstract

As Carbon Capture and Storage (CCS) is now regarded as on its way to become a mature technology to reduce dramatically CO2 emissions from conventional generation, its economic ineffectiveness may still be preventing its large-scale adoption. In this respect, new strategies for flexible operation of Carbon Capture and Storage systems could bring substantial benefits allowing achieving both ambitious CO2 reductions and higher profits. In addition, further economic and environmental benefits could be achieved by adopting high efficiency Combined Heat and Power (CHP) plants. On these premises, this paper investigates the benefits of coupling a flexible CCS system and a flexible CHP plant, with t..