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| Assessment of Carbon Dioxide Capture and StorageImplementation Scheme based on System Dynamic |
| Wang Zhong1, Kuang Jianchao1, Pang Heqing2, Huo Zhilei3 |
1.College of Management Science, Chengdu University of Technology, Chengdu 610059, China;
2.Postdoctoral Station, Southwest Oil Gas Field Company, SINOPEC, Chengdu 610041, China;
3.College of Nuclear Technology and Automation Engineering, Chengdu University of Technology, Chengdu 610059, China |
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Abstract This paper designs a CCS implementation scheming for China which takes super-critical pulverized coal power plant as the emission source and takes deep saline formation as the storage option, and uses system dynamic methodology to modeling and analyzing the scheme.This model takes mitigation effect, extra energy consumption and economic benefits into account, and also figures out the influence of each element and feedback mechanism in CCS system.The simulation results showed that this scheme can reduce 80% of the CO2 emitted by power plant, but the capital mitigation cost is high which has reached 66.81 yuan and consumed extra 0.0905 tons of coal.Based on that, a further analysis is made to investigate the impact of carbon trading price and technology progress on CCS.The results showed that without the support of carbon trading system, the capital mitigation cost would increase by 52%.
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Received: 27 March 2013
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2013, Vol. 1 
