Feasibility Study of IGCC Power Plant with CCP Technology in Perspective of Bangladesh

Energy, particularly electricity is the most essential and of strategic importance to the national economy. The power generation of Bangladesh highly depends on fossil fuels like natural gas, oil, and coal. But, these fossil fuels are highly responsible for greenhouse gas emissions (GGE). Carbon Capture Process (CCP) technologies are expected to play an effective role in the upcoming decades for reducing greenhouse gas emissions. Integrated Gasification Combined Cycle (IGCC) power plant is one of the energy generation technologies having the significant potential to capture carbon di-oxides (CO2) with low penalties. The main contribution of this research is to find a suitable technology to reduce the massive emission of CO2 as well as generating electricity which will be helpful to support the features of Industry 4.0 or sustainable technology. Therefore, this paper focuses on the investigation of the feasibility of IGCC power plant with CCP technology in perspective of Bangladesh by comparing it with a conventional Pulverized Coal-Fired power plant based on their performances in terms of capital cost, operating cost, CO2 emission factor, and net efficiency. In terms of CO2 emission and net efficiency, the IGCC power plant with CCP technology is a better choice in the long run. The proposed IGCC with CCP outperforms the coal-fired power plant with a net efficiency of 11.55% and almost no emission of CO2.