In this study, using a granular analysis of the existing power plant fleet at Shenhua Group, a large power company, we show that local variations in power plant type, operation, geographical location, age, and fuel costs result in significant distribution in the avoided cost of CO 2 capture within a single fleet. The fleet analysis initiated in this study is required to estimate the distribution of CO 2 capture costs. The strategy addresses the concerns that currently CCS is universally expensive.
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