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


Vol. 23,  No. 4, pp. 441-447, Dec.  2017
10.7464/ksct.2017.23.4.441


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  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 CO2 power cycle is applied to the coal-fired power plant.

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  Cite this article

[IEEE Style]

P. SH, C. JM, K. JY, S. JW, Y. CS, "Design Criteria Derivation of Supercritical Carbon Dioxide Power Cycle based on Levelized Cost of Electricity(LCOE)," Clean Technology, vol. 23, no. 4, pp. 441-447, 2017. DOI: 10.7464/ksct.2017.23.4.441.

[ACM Style]

Park SH, Cha JM, Kim JY, Shin JW, and Yeom CS. 2017. Design Criteria Derivation of Supercritical Carbon Dioxide Power Cycle based on Levelized Cost of Electricity(LCOE). Clean Technology, 23, 4, (2017), 441-447. DOI: 10.7464/ksct.2017.23.4.441.