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An Analysis of Decision to Retrofit Coal Based Power Plant with Carbon Capture Technology Having Uncertain Parameters

The increasing industrialization since its inception has drawn attention towards the impact of industrial activities on the global environment. The increasing concern of global warming and rising earth's temperature has driven the institution of the Paris Agreement to examine the threshold limit of emission of carbon dioxide, which is the major component of greenhouse gases (GHG). Carbon capture and storage (CCS) technologies play a vital role in achieving net-zero carbon emission. The motivation behind this paper is to review the execution of CCS innovation in thermal power plants with the help of a mixed-integer nonlinear programming model. The problem of uncertainty of emission information in the thermal power plant is solved using the fuzzy technique. The results presented here demonstrate the option of selection of technology in a coal-fired power plant.