Targeting for carbon sequestration retrofit planning in the power generation sector for multi-period problems

Carbon constrained energy planning (CCEP) is useful to ensure that the CO2 emissions limit for a region is met through deployment of low-carbon technologies. The increased demand in energy consumption due to economic growth requires additional energy supply and generation which would subsequently increase the carbon emissions. Nevertheless, most countries are now committed to reduce carbon emission to achieve long term sustainability goals. However, the development of alternative energy sources or carbon capture and storage (CCS) initiatives for power plants entails major capital investments. This paper demonstrates how these issues may be handled using CCEP with insight- and optimisation-based targeting techniques for multi-period scenarios. Both approaches were developed recently for CCEP problems, but previous techniques were limited to single-period planning. The extensions to multi-period scenarios are demonstrated in this work with hypothetical illustrative examples, as well as a Malaysian case study.