Modeling new coal projects: supercritical or subcritical?
- Solomon Associates, Dallas, TX (United States)
Decisions made on new build coal-fired plants are driven by several factors - emissions, fuel logistics and electric transmission access all provide constraints. The crucial economic decision whether to build supercritical or subcritical units often depends on assumptions concerning the reliability/availability of each technology, the cost of on-fuel operations including maintenance, the generation efficiencies and the potential for emissions credits at some future value. Modeling the influence of these key factors requires analysis and documentation to assure the assets actually meet the projected financial performance. This article addresses some of the issue related to the trade-offs that have the potential to be driven by the supercritical/subcritical decision. Solomon Associates has been collecting cost, generation and reliability data on coal-fired power generation assets for approximately 10 years using a strict methodology and taxonomy to categorize and compare actual plant operations data. This database provides validated information not only on performance, but also on alternative performance scenarios, which can provide useful insights in the pro forma financial analysis and models of new plants. 1 ref., 1 fig., 3 tabs.
- OSTI ID:
- 20838333
- Journal Information:
- Power Engineering (Barrington), Vol. 110, Issue 11; ISSN 0032-5961
- Country of Publication:
- United States
- Language:
- English
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