Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO2 Avoidance Cost in the U.S.

Bioenergy with carbon capture and storage (BECCS) can sequester atmospheric CO2, while producing electricity. The CO2 avoidance cost (CAC) is used to calculate the marginal cost of avoided CO2 emissions for BECCS as compared to oth...

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Autores principales:	Abishek Kasturi, Sotira Yiacoumi, Matthew Langholtz, Joanna McFarlane, Ingrid Busch, Michael Hilliard, Costas Tsouris
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	BECCS CCS CO<sub>2</sub> avoidance cost negative emissions bioenergy Technology T
Acceso en línea:	https://doaj.org/article/1176d97d81724089b967f18cf93ef2e0
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spelling	oai:doaj.org-article:1176d97d81724089b967f18cf93ef2e02021-11-11T15:50:43ZComparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.10.3390/en142170261996-1073https://doaj.org/article/1176d97d81724089b967f18cf93ef2e02021-10-01T00:00:00Zhttps://www.mdpi.com/1996-1073/14/21/7026https://doaj.org/toc/1996-1073Bioenergy with carbon capture and storage (BECCS) can sequester atmospheric CO<sub>2</sub>, while producing electricity. The CO<sub>2</sub> avoidance cost (CAC) is used to calculate the marginal cost of avoided CO<sub>2</sub> emissions for BECCS as compared to other established energy technologies. A comparative analysis using four different reference-case power plants for CAC calculations is performed here to evaluate the CO<sub>2</sub> avoidance cost of BECCS implementation. Results from this work demonstrate that BECCS can generate electricity at costs competitive with other neutral emissions technologies, while simultaneously removing CO<sub>2</sub> from the atmosphere. Approximately 73% of current coal power plants are approaching retirement by the year 2035 in the U.S. After considering CO<sub>2</sub> sequestered from the atmosphere and coal power plant CO<sub>2</sub> emissions displaced by BECCS, CO<sub>2</sub> emissions can be reduced by 1.4 billion tonnes per year in the U.S. alone at a cost of $88 to $116 per tonne of CO<sub>2</sub> removed from the atmosphere, for 10% to 90% of available biomass used, respectively. CAC calculations in this paper indicate that BECCS can help the U.S. and other countries transition to a decarbonized electricity grid, as simulations presented in this paper predict that BECCS power plants operate at lower CACs than coal plants with CCS.Abishek KasturiSotira YiacoumiMatthew LangholtzJoanna McFarlaneIngrid BuschMichael HilliardCostas TsourisMDPI AGarticleBECCSCCSCO<sub>2</sub> avoidance costnegative emissionsbioenergyTechnologyTENEnergies, Vol 14, Iss 7026, p 7026 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	BECCS CCS CO<sub>2</sub> avoidance cost negative emissions bioenergy Technology T
spellingShingle	BECCS CCS CO<sub>2</sub> avoidance cost negative emissions bioenergy Technology T Abishek Kasturi Sotira Yiacoumi Matthew Langholtz Joanna McFarlane Ingrid Busch Michael Hilliard Costas Tsouris Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.
description	Bioenergy with carbon capture and storage (BECCS) can sequester atmospheric CO<sub>2</sub>, while producing electricity. The CO<sub>2</sub> avoidance cost (CAC) is used to calculate the marginal cost of avoided CO<sub>2</sub> emissions for BECCS as compared to other established energy technologies. A comparative analysis using four different reference-case power plants for CAC calculations is performed here to evaluate the CO<sub>2</sub> avoidance cost of BECCS implementation. Results from this work demonstrate that BECCS can generate electricity at costs competitive with other neutral emissions technologies, while simultaneously removing CO<sub>2</sub> from the atmosphere. Approximately 73% of current coal power plants are approaching retirement by the year 2035 in the U.S. After considering CO<sub>2</sub> sequestered from the atmosphere and coal power plant CO<sub>2</sub> emissions displaced by BECCS, CO<sub>2</sub> emissions can be reduced by 1.4 billion tonnes per year in the U.S. alone at a cost of $88 to $116 per tonne of CO<sub>2</sub> removed from the atmosphere, for 10% to 90% of available biomass used, respectively. CAC calculations in this paper indicate that BECCS can help the U.S. and other countries transition to a decarbonized electricity grid, as simulations presented in this paper predict that BECCS power plants operate at lower CACs than coal plants with CCS.
format	article
author	Abishek Kasturi Sotira Yiacoumi Matthew Langholtz Joanna McFarlane Ingrid Busch Michael Hilliard Costas Tsouris
author_facet	Abishek Kasturi Sotira Yiacoumi Matthew Langholtz Joanna McFarlane Ingrid Busch Michael Hilliard Costas Tsouris
author_sort	Abishek Kasturi
title	Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.
title_short	Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.
title_full	Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.
title_fullStr	Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.
title_full_unstemmed	Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.
title_sort	comparison of long-term bioenergy with carbon capture and storage to reference power generation technologies using co<sub>2</sub> avoidance cost in the u.s.
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/1176d97d81724089b967f18cf93ef2e0
work_keys_str_mv	AT abishekkasturi comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus AT sotirayiacoumi comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus AT matthewlangholtz comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus AT joannamcfarlane comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus AT ingridbusch comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus AT michaelhilliard comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus AT costastsouris comparisonoflongtermbioenergywithcarboncaptureandstoragetoreferencepowergenerationtechnologiesusingcosub2subavoidancecostintheus
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Comparison of Long-Term Bioenergy with Carbon Capture and Storage to Reference Power Generation Technologies Using CO<sub>2</sub> Avoidance Cost in the U.S.

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