Valuing flexible operation of power plants with CO2 capture

The business case for investment in power plants with CO2 capture is greatly improved if they are able to accommodate uncertainty in future market conditions and variations in local operating requirements.. This paper will outline a range of operating modes that could be important in determining the value of power plants with CO2 capture from various stakeholder perspectives. Different quantitative techniques that could provide useful insights into plant value with flexible operation are discussed and some preliminary baseline results from a deterministic simulation are reported.