资料简介
The purpose of this report is to examine the issues surrounding installation of carbon capture technology on AEP’s generating fleet based on lessons learned from American Electric Power’s (AEP) project at Mountaineer coal fired generating station. This report discusses the following issues associated with justification and use of this technology: AEP is an investor owned utility with an obligation to provide electric service. The company is subject to governmental regulation which has implications on AEP’s ability to finance a commercial scale CCS project. Financial modeling completed by AEP and discussion of results. The report also uses output of modeling and looks at financial risks and the need for financial incentives to fund first of a kind commercial scale projects. The difficulties associated with financing a project without government backing. Also the cost and use of the CO2 byproduct and its competitiveness with other CO2 production sources. AEP’s rationale surrounding its decision to suspend the Mountaineer CCS project.
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