Conventional Exergetic and Exergoeconomic Analyses of a Power Plant with Chemical Looping Combustion for CO2 Capture

Abstract

Normal 0 21 MicrosoftInternetExplorer4 Exergy-based methods can be used as a tool for examining, comparing and assessing thermodynamic systems. In this paper, an exergoeconomic analysis is used to evaluate a power plant with chemical looping combustion (CLC) for CO 2 capture. This oxy-fuel plant is compared, from an exergetic and an economic perspective, to a conventional, reference power plant without CO 2 capture. The exergetic analysis shows decreased exergy destruction in the CLC reactors, compared to the exergy destruction in the conventional combustion chamber of the reference case; thus, the irreversibilities caused by combustion in the CLC are reduced. However, due to the addition of the CO 2 compression unit, the overall exergetic efficiency of the plant with CLC is lower than that of the reference plant by approximately 5 percentage points. The economic analysis confirms a significant increase in the investment cost of the CO 2 capture plant, due to the addition of the units for CO 2 compression and CLC. Thus, the cost of electricity is 24% higher for this plant in comparison to that of the reference case. Nevertheless, when compared to the reference plant with CO 2 capture with monoethanolamine, the plant with CLC was found to be a more economical option. Since CO 2 abatement must be realized in the future, given expected environmental or tax measures, CLC provides relatively low cost carbon dioxide capture and it, therefore, appears to be a promising option for reducing greenhouse gases emitted by power plants using fossil fuels.