Fossil fuel depletion, along with its ever-increasing price and detrimental impact on the environment, has urged researchers to look for alternative renewable energy. Of all the options available, biomass presents a very reliable source due to its never-ending supply. As research on various biomasses has grown in recent years, waste from these biomasses has also increased, and it is now time to shift the focus to utilizing these wastes for energy. The current waste management system mainly focuses on open burning and soil incorporation as it is cost-effective; however, these affect the environment. There must be an alternative way, such as to use it for power generation. Rice straw and rice husk are examples of such potential biomass waste. Rice is the main food source for the world, mostly in Asian regions, as most people consume rice daily. This paper reviews factors that impact the implementation of rice-straw-based power plants. Ash content and moisture content are important properties that govern combustion, and these vary with location. Logistical improvements are required to reduce the transport cost of rice husk and rice straw, which is higher than the transportation cost of coal.
Growing concern on global warming directly related to CO2 emissions is steering the implementation of carbon capture and storage (CCS). With Malaysia having an estimated 37 Tscfd (Trillion standard cubic feet) of natural gas remains undeveloped in CO2 containing natural gas fields, there is a need to assess the viability of CCS implementation. This study performs a techno-economic analysis for CCS at an offshore natural gas field in Malaysia. The framework includes a gas field model, revenue model, and cost model. A techno-economic spreadsheet consisting of Net Present Value (NPV), Payback Period (PBP), and Internal Rate of Return (IRR) is developed over the gas field’s production life of 15 years for four distinctive CO2 capture technologies, which are membrane, chemical absorption, physical absorption, and cryogenics. Results predict that physical absorption solvent (Selexol) as CO2 capture technology is most feasible with IRR of 15% and PBP of 7.94 years. The output from the techno-economic model and associated risks of the CCS project are quantified by employing sensitivity analysis (SA), which indicated that the project NPV is exceptionally sensitive to gas price. On this basis, the economic performance of the project is reliant on revenues from gas sales, which is dictated by gas market price uncertainties.