Economic Analysis of Fossil Fuel Related SO2 Emissions from Power Plants
Author | : Mossine Sarkis Koulakezian |
Publisher | : |
Total Pages | : 216 |
Release | : 2007 |
ISBN-10 | : OCLC:787854932 |
ISBN-13 | : |
Rating | : 4/5 (32 Downloads) |
Book excerpt: In this report, three alternatives were economically evaluated in order to reduc e emissions from power plants in Lebanon. These include the use of low sulfur co ntent fuel oil, installation of flue gas desulfurization system, and the shift t o natural gas. Environmental and social impacts of power generation were used to justify the need for mitigation. An economic model that portrays the cost of the three alternatives was formulate d including all the cost and revenue components in each alternative. This model was applied to the Zouk Lebanese power plant. Because many parameters in the model contain some degree of uncertainty, multipl e-parameter sensitivity analysis was conducted. In addition, break-even analysis was carried out in order to check the validity of the model with different scen arios. The results of the model were analyzed. The natural gas alternative is clearly t he most economically feasible alternative in most of the scenarios, eminently be cause of the properties of natural gas and the status of the Lebanese power sect or. The last advocates the natural gas system because of the two newly built gas combined cycle plants in Beddawi and Zahrani, the price and availability of nat ural gas.