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Part II of the joint papers analyzes CO2 capture cost to the state of Indiana through scenario-based technique. An optimization modeling system is used for scheduling and dispatching the generation units to minimize the production costs. The new power plants, with and without CO2 capture are used for deriving the costs, and the extra costs associated with CO2 capture are used to measure the "burden"...
These are two joint papers on CO2 capture cost and price estimates for new power plants. Part I of the joint papers first discusses recent regulatory development in green house gasses (GHG) emissions. It shows that regional CO2 cap & trade systems may be in place in a few years in the US despite the fact that the US federal government has failed to pass any law on the issue. It then reviews current...
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