ION Engineering Commercial Carbon Capture Design & Costing (C3DC) (Final Report)
ION Engineering LLC (ION) has coupled its proven, solvent-based CO 2 capture technology with an exceptionally qualified design and engineering team to complete a pre FEED for a 300-megawatt equivalent commercial-scale CO 2 capture plant for Gerald Gentleman Station’s (GGS) Generation Unit 2 (GGS2). The remarkable team was comprised of ION, Nebraska Public Power District (NPPD), Sargent & Lundy (S&L) with continued support from Koch Modular Process Systems (KMPS), and Siemens. The overall objective of the project was to provide the engineering design and cost estimate at an American Association of Cost Engineers (AACE) Class 3 estimate, resulting in accuracy ranges of -20 to +30% for the capital cost estimate. The project team was successful in completing this objective and was able to overcome the challenges that were presented during the process. A conservative interest rate of 7.0% with a financing term of 20 years was used based on interest rates utilized by S&L for this level of study. The resulting annualization factor is multiplied by the total EPC cost to calculate an annualized capital expenditure. It is estimated that the carbon capture facility treating a 300 MWe slipstream will capture 1.9 million tonnes per year of CO 2 at a capacity factor of 85%. The resulting cost of capture for the CO 2 island was determined to be $\$$36.55/tonne. Utilizing an interest rate of 4.5%, supported by historical rates for previous large capital projects in the power industry, reduces the cost of capture to $32.52/tonne. These cost of capture numbers continue to further ION’s case for commercial deployment of ION’s solvent technology.