Deployment Feasibility Futures Analysis of Natural Gas Combined Cycle with Carbon Capture in Five U.S. Regions
A broad suite of technologies will be required to enable the United States to meet the current goal of a zero-carbon power sector by 2035, while continuing to provide the U.S. consumer with reliable, secure, stable, and affordable electricity. This study was conducted to evaluate the competitiveness of a natural gas combined cycle (NGCC) with carbon capture and storage (CCS) in five independent system operating areas, the PJM interconnection (PJM) regional transmission organization, Midcontinent Independent System Operator (MISO), Western Electricity Coordinating Council’s (WECC) Northwest Power Pool (NWPP) region, the Electric Reliability Council of Texas (ERCOT) and the SERC Reliability Corporation (SERC) in the 2030 to 2035 time horizon. The modeling and simulation efforts focused on determining the dispatch characteristics and the economic feasibility of constructing an NGCC plant with CCS in each of those regions. The analysis indicates that a NGCC system with CCS can be economically viable in the ERCOT and PJM regions. Additional revenue stream and/or capacity payments are required in MISO, NWPP, and SERC to enable successful commercial deployment of a NGCC with CCS.