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http://dx.doi.org/10.7464/ksct.2017.23.4.441

Design Criteria Derivation of Supercritical Carbon Dioxide Power Cycle based on Levelized Cost of Electricity(LCOE)  

Park, Sungho (Plant engineering department, Institute for Advanced Engineering)
Cha, Jaemin (Plant engineering department, Institute for Advanced Engineering)
Kim, Joonyoung (Plant engineering department, Institute for Advanced Engineering)
Shin, Junguk (Plant engineering department, Institute for Advanced Engineering)
Yeom, Choongsub (Plant engineering department, Institute for Advanced Engineering)
Publication Information
Clean Technology / v.23, no.4, 2017 , pp. 441-447 More about this Journal
Abstract
The economic analysis for the power plant developed in the conceptual design phase is becoming more important and, research on process optimization for process development that meets the target economic is actively carried out. In the filed of power generation systems, economic assessment methods to predict the levelized cost of electricity (LCOE) has been widely applied for comparing economic effect quantitatively. In this paper, the platform that design criteria of key component required to optimize economic of power cycle can be calculated reversely was established roughly and design criteria of the key equipment (Compressor, turbine, heat exchanger) required to meet the target LCOE (the LCOE of supercritical steam Rankine cycle) was derived when the supercritical $CO_2$ power cycle is applied to the coal-fired power plant.
Keywords
Levelized cost of electricity; Supercritical carbon dioxide Brayton cycle; Coal fired power plant; Design criteria;
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