This
paper provides a techno-economic analysis of carbon capture
technologies for coal-fired power plants, which are significant contributors
to greenhouse gas emissions. The study evaluates the strengths and
weaknesses of different technologies, including supercritical and
ultrasupercritical power plants, as well as different capacities of
1000 MW, 800 MW, and 500 MW. The analysis focuses on amine-based postcombustion
as a carbon capture system, which is widely used in industries. Additionally,
the study compares the cost and performance of retrofitting existing
power plants with carbon capture systems of varying ages. Finally,
the analysis includes sensitivity and probabilistic uncertainty analyses
to assess the impact of uncertainties on the results. The findings
reveal that carbon capture is still necessary even in ultrasupercritical
plants, and that the capacity factor has the greatest impact on the
levelized cost of energy, while the discount rate has the lowest impact.
The probabilistic uncertainty analysis indicates that deterministic
estimates may underestimate the LCOE and carbon capture costs by up
to 40%, underscoring the importance of considering uncertainties in
decision-making processes.