Techno-Economic Assessment of Carbon Utilisation Potential in Europe

The purpose of this work is to analyse different carbon capture and utilisation (CCU) options, and hence to identify the role of CCU on the future European energy and industrial sectors. This work carries out the techno-economic analyses of methanol synthesis and accelerated aqueous carbonation of w...

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Bibliographic Details
Published in:Chemical engineering transactions 2014-01, Vol.39
Main Authors: M. Pérez-Fortes, A. Bocin-Dumitriu, E. Tzimas
Format: Article
Language:English
Online Access:Get full text
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Summary:The purpose of this work is to analyse different carbon capture and utilisation (CCU) options, and hence to identify the role of CCU on the future European energy and industrial sectors. This work carries out the techno-economic analyses of methanol synthesis and accelerated aqueous carbonation of waste (fly ash) as two differentiated options for CO2 conversion. Process flow modelling is used to evaluate the operational and cost performances of two conceptual designs. Calibration and validation of the models are completed to then assess diverse operational, economic and environmental key performance indicators (KPIs). The inlet CO2 and fly ash originate from a conventional power plant. The needed hydrogen for the methanol case is produced by water electrolysis. The work puts into relevance the differences in performance and costs for the two processes analysed. Future work will contemplate other CCU processes and a global market study in the European context that focuses on (i) current prices and demands for the products, and (ii) the analysis of their foreseen market evolution and price elasticity.
ISSN:2283-9216
DOI:10.3303/CET1439243