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CCS Cost Estimation Model Process and Analysis

  • Lee, Soowook (Kwangwoon Academy, Kwangwoon University) ;
  • Lee, Byungheon (School of Business Administration, Kwangwoon University) ;
  • Ko, Hyeong-il (School of Business, Graduate School, Kwangwoon University)
  • Received : 2016.06.20
  • Accepted : 2016.07.23
  • Published : 2016.08.31

Abstract

This thesis proposed an objective and accurate fundamental numeric data for the economics and business analysis of applicable CCS technology to plant using existing fossil fuel by analyzing the influence of process improvement for commercialization of Carbon Capture and Storage(CCS) technology, which enables storing $CO_2$ generated by fossil fuel by extracting before emitting to air and press until it becomes liquid, and development and performance improvement of new solvent on Total Life Cycle Cost(TLC) of CCS.

Keywords

References

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