CO/sub 2/ capture cost estimates from a state perspective: part II electricity price/demand impact on Indiana

Part II of the joint papers analyzes CO
₂
capture cost to the state of Indiana through scenario-based technique. An optimization modeling system is used for scheduling and dispatching the generation units to minimize the production costs. The new power plants, with and without CO
₂
capture are used for deriving the costs, and the extra costs associated with CO
₂
capture are used to measure the "burden" to the state. If the CO
₂
release is frozen at the 2010 levels in the state, the cost of CO
₂
capture would cause the price of electricity in the state to gradually increase to around 9% more than the case without CO
₂
capture by 2023, without considering CO
₂
transport and storage cost