Integration of carbon capture and sequestration and renewable resource technologies for sustainable energy supply in the transportation sector

In this study, a new design for a sustainable energy system was developed by integrating two technology frameworks: the renewable resource-based energy supply and the conventional (fossil fuel) resource based energy production coupled with carbon capture and sequestration. To achieve this goal, a new superstructure-based optimization model was proposed using mixed-integer linear programming to identify the optimal combination of these technologies that minimizes the total daily cost, subject to various practical and logical constraints. The performance of the proposed model was validated via an application study of the future transportation sector in Korea. By considering six different scenarios that combined varying crude oil/natural gas prices and environmental regulation options, the optimal configuration of the energy supply system was identified, and the major cost drivers and their sensitivities were analyzed. It was shown that conventional resource-based energy production was preferred if crude oil and natural gas prices were low, even though environmental regulation was considered. Environmental regulation caused an increase in the total daily cost by an average of 26.4%, mainly due to CO2 capture cost. (C) 2017 Elsevier Ltd. All rights reserved.