Co-Production of Olefins, Fuels, and Electricity from Conventional Pipeline Gas and Shale Gas with Near-Zero CO<sub>2</sub> Emissions. Part II: Economic Performance
In this paper, techno-economic analyses of a polygeneration system for the production of olefins, transportation fuels and electricity are performed, considering various process options. Derivative-free optimization algorithms were coupled with Aspen Plus simulation models to determine the optimum product portfolio as a function of a wide variety of market prices. The optimization results show that the proposed plant is capable of producing olefins with the same production costs as traditional petrochemical routes while having effectively zero process CO<sub>2</sub> emissions (including the utilities). This provides an economic and more sustainable alternative to traditional naphtha cracking.
Year of publication: |
2015
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Authors: | Salkuyeh, Yaser Khojasteh ; II, Thomas A. Adams |
Published in: |
Energies. - MDPI, Open Access Journal, ISSN 1996-1073. - Vol. 8.2015, 5, p. 3762-3774
|
Publisher: |
MDPI, Open Access Journal |
Saved in:
freely available
Extent: | application/pdf text/html |
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Type of publication: | Article |
Classification: | Q - Agricultural and Natural Resource Economics ; Q0 - Agricultural and Natural Resource Economics. General ; Q4 - Energy ; Q40 - Energy. General ; Q41 - Demand and Supply ; Q42 - Alternative Energy Sources ; Q43 - Energy and the Macroeconomy ; q47 ; Q48 - Government Policy ; Q49 - Energy. Other |
Source: |
Persistent link: https://www.econbiz.de/10011271527
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