This presentation will cover the details of standard methods NETL uses for: calculation of required electricity selling price, computing Nth-of-a-kind plant costs based on learning curve assumptions, coal & feedstock selection and composition, and recommended specifications for sequestered CO2.
In addition to the standard methodologies discussed above, there are many more assumptions that must be made when simulating a 'typical' power generation system. Often times, these assumptions are made in the absence of any specific requirements and are made at the sole discretion of the engineering team performing the analysis. Due to the many choices that can be made, rarely do the assumptions made by engineers performing systems analyses of these facilities converge. This makes comparison difficult and requires a great deal of reconciliation amongst other public studies in order to provide valuable conclusions by way of comparison. Therefore, this presentation will also cover the standardized representations of baseline power generation facilities, covering coal feed to busbar, to which the effects of implementing advanced power generation technologies and CO2 capture can be compared. Overviews of NETL's baseline Pulverized Coal, Integrated Gasification Combined Cycle, and Natural Gas Combined Cycle power plants will be presented in this context.
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