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At least 181 records · Page 10

Techno-Economic Comparison of Molten-Salt Electrolysis and Carbothermic Reduction for the Production of Metallurgical-Grade Silicon

Metallurgical-grade silicon (MG-Si) is an important source material for many industrial applications, including the manufacture of alloys, solar photovoltaics, and electronics. The process to refine raw materials into MG-Si is energy-intensive, with the predominant method of submerged-arc furnaces requiring energy consumption of approximately 11–13 kWh/kg Si. Recent research has discussed promising methods for reducing the energy required for the silicon production process, including the use of molten-salt electrolysis (MSE), a technique that offers potential savings in energy consumption without requiring carbon inputs for the process. This paper presents a techno-economic study of a potential industrial-scale MSE plant for MG-Si production to evaluate the trade-offs between capital and operating costs of the system. Capital costs are sourced from recent MG-Si plants and an existing cost model developed for MSE processes that includes the size of the plant and the operating temperature among its inputs. The results show that MSE technology has the potential to be an economically cost-competitive option for MG-Si production if the technology successfully scales to industrial production and matures enough to allow for financing costs similar to that of a comparably sized submerged-arc furnace plant.

14 SOLAR ENERGY↗

Techno-Economic Analysis of High-Pressure Metal Hydride Compression Systems

Traditional high-pressure mechanical compressors account for over half of the car station’s cost, have insufficient reliability, and are not feasible for a large-scale fuel cell market. An alternative technology, employing a two-stage, hybrid system based on electrochemical and metal hydride compression technologies, represents an excellent alternative to conventional compressors. The high-pressure stage, operating at 100–875 bar, is based on a metal hydride thermal system. A techno-economic analysis of the metal hydride system is presented and discussed. A model of the metal hydride system was developed, integrating a lumped parameter mass and energy balance model with an economic model. A novel metal hydride heat exchanger configuration is also presented, based on minichannel heat transfer systems, allowing for effective high-pressure compression. Several metal hydrides were analyzed and screened, demonstrating that one selected material, namely (Ti0.97Zr0.03)1.1Cr1.6Mn0.4, is likely the best candidate material to be employed for high-pressure compressors under the specific conditions. System efficiency and costs were assessed based on the properties of currently available materials at industrial levels. Results show that the system can reach pressures on the order of 875 bar with thermal power provided at approximately 150 °C. The system cost is comparable with the current mechanical compressors and can be reduced in several ways as discussed in the paper.

42 ENGINEERING↗

Introducing GEOPHIRES v2.0: Updated Geothermal Techno-Economic Simulation Tool: Preprint

This paper presents an updated version of the geothermal techno-economic simulation tool GEOPHIRES (GEOthermal Energy for Production of Heat and electricity (IR) Economically Simulated). GEOPHIRES combines reservoir, wellbore, surface plant and economic models to estimate the capital, and operation and maintenance costs, lifetime energy production, and overall levelized cost of energy of a geothermal plant. The available end-use options are electricity, direct-use heat and cogeneration. The main updates in the new version include conversion of the source code from FORTRAN to Python, the option to couple to an external reservoir simulator, updated cost correlations, and more flexibility in selecting the time step and number of injection and production wells. An overview of all the updates and two case-studies to illustrate the tool's new capabilities are provided in this paper.

15 GEOTHERMAL ENERGY↗

Introducing GEOPHIRES v2.0: Updated Geothermal Techno-Economic Simulation Tool

This paper presents an updated version of the geothermal techno-economic simulation tool GEOPHIRES (GEOthermal energy for Production of Heat and electricity ('IR') Economically Simulated). GEOPHIRES combines engineering models of the reservoir, wellbores, and surface plant facilities of a geothermal plant with an economic model to estimate the capital and operation and maintenance costs, lifetime energy production, and overall levelized cost of energy. The available end-use options are electricity, direct-use heat, and cogeneration. The main updates in the new version include conversion of the source code from FORTRAN to Python, the option to import temperature data (e.g., measured or from stand-alone reservoir simulator), updated cost correlations, and more flexibility in selecting the time step and number of injection and production wells. In this paper, we provide an overview of all the updates and two case studies to illustrate the tool's new capabilities.

15 GEOTHERMAL ENERGY↗

A Techno-Economic Look at SiC WBG from Wafer to Motor Drive

Techno-economic analysis helps benchmark and deliver supply chain and manufacturing insights that can be leveraged by decision-makers to inform investment strategies, policy, and other decisions to promote economic growth and competitiveness. Silicon Carbide (SiC) wide-band gap (WBG) technologies is poised to be an integral contributor to the clean energy economy. We use bottoms-up regional manufacturing cost models to show SiC power electronics, manufactured in volume, could result in final product cost parity with those manufactured with silicon. The models are further leveraged to show innovation pathways to lower cost and potentially expanded technology adoption.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Techno-Economic Analysis and Life-Cycle Assessment for Gas Phase Catalytic Oxidation of Lignin to Produce Phenolic Compounds

Displacing fossil fuels with biofuels is an effective way to sustainably mitigate greenhouse gas (GHG) emissions and natural resource consumption. As DOE's only national laboratory solely dedicated to researching and developing clean energy and energy efficiency technologies, NREL has been developing conceptual biomass-to-fuels conversion processes. To improve the economic feasibility of biofuels production from lignocellulosic biomass, NREL's researchers have been exploring various design options. Our team has developed a vapor phase selective oxidation process that will convert lignin streams from biofuels production into high-value chemicals and thereby improve the economics and GHG emissions of biofuels plants. This approach is directed towards valorizing lignin, which is often treated as waste or burnt for low value process heat. For techno-economic analysis (TEA) and life-cycle assessment (LCA), we have developed and modeled this hybrid process: 1) biochemically converting C5/C6 sugars from biomass to a hydrocarbon blendstock, and 2) thermochemically converting lignin from biomass, via selective partial oxidation of lignin pyrolysis vapor, to phenols. Results from the TEA and LCA for this process will be presented and discussed. The lignin valorization readily improves the biofuel production cost and reduces the life cycle carbon footprint. Even though more electricity is required as lignin is used for coproduct production instead of for heat and power generation, the GHG coproduct credit from phenols is more than enough to compensate for the GHG associated with the additional import electricity use. These analyses show that our process to produce phenol has significant economic and environmental impacts, which will enable biofuel production.

09 BIOMASS FUELS↗

Gasification and Techno-Economic Analysis of High-Impact Biomass Feedstocks for the Synthesis of High-Octane Gasoline

Five economically advantaged biomass feedstocks identified in the US Department of Energy's 2016 Billion Ton Study were gasified and the syngas reformed at the bench scale to study the feedstock price-performance relationship. The distribution of reformed syngas compositions, heating values, and yields were similar across the different feedstocks and blends thereof, which ranged from inexpensive residual wastes to more expensive and higher quality biomass, revealing that feedstock performance was mostly insensitive to its price. Custom blended feedstocks produced syngas with characteristics resembling linear combinations of syngas from single-component feedstocks, supporting the ability to customize and predict blended properties based on single-feedstock data. A techno-economic analysis of specific feedstock costs for producing high-octane gasoline showed that miscanthus and forest residues were the most cost-effective with gas yields consistent with experimental gasification data. A field-to-wheels life-cycle assessment of greenhouse gas emissions showed that forest residues was the most environmentally benign feedstock of those studied.

09 BIOMASS FUELS↗

Techno-Economic Modelling with H2A and H2FAST

This presentation introduces audience to techno-economic modelling using the H2A and H2FAST models. ARPA-E will use these models for evaluating technologies producing hydrogen and solid carbon. Solid carbon would be produced in a form suitable for construction materials such as high strength concrete.

30 DIRECT ENERGY CONVERSION↗

Gallium Oxide Techno-Economic Analysis for the Wide Bandgap Semiconductor Market: Preprint

More than 30% of electrical energy passes through power electronics today with speculation that in the next decade this could grow to 80%. The wide bandgap semiconductor market is already approaching $1 billon USD in 2019 and is projected to be almost $7 billion USD in 2028. Even with its high cost, SiC, is starting to dislodge the incumbent Si technology in some applications, such as hybrid and electric vehicles, due to smaller size, and higher efficiency. We review and report the IHS Markit’s market predictions for wide bandgap semiconductor technologies, and highlight the techno-economic analysis results for the manufacturing cost of Ga2O3 wafers. Specifically, we focus on the potential for Ga2O3 to be more economically advantageous than SiC using current manufacturing methods and then identify opportunities where research can further reduce the volume cost of Ga2O3 wafers.

economics↗

A Comparative Techno-Economic Analysis of Renewable Methanol Synthesis Pathways from Biomass and CO2: Preprint

Global demand for methanol as both a chemical precursor and a fuel additive is rising. At the same time, numerous sustainable methanol production pathways are under development which, if commercialized, could present significant environmental benefits over traditional methanol synthesis pathways. There is a need to harmonize the analyses of sustainable pathways using a consistent techno-economic approach to evaluate the potential for commercialization of various pathways. This analysis considers economic and environmental factors critical to market acceptance of three sustainable pathways versus a commercial baseline. We suggest that biomass gasification to methanol represents a near-term viable pathway with high technology readiness level and commercially competitive market price. However, long-term solutions should consider CO2 electrolysis pathways which offer further improvements in sustainability metrics to support global decarbonization efforts.

biomass↗

A Comparative Techno-Economic Analysis of Sustainable Methanol Synthesis Pathways from Biomass and CO2

The call to reduce global CO2 emissions is at the forefront of research and development in the transportation and petrochemical industries. A potential solution which intersects both sectors is the adoption and commercialization of more sustainable technologies for methanol production. Currently, methanol is gaining popularity as a possible fuel additive, and as a polymer precursor via established methanol-to-olefins routes which are increasing in capacity and utilization, putting methanol in the spotlight and global methanol production on the rise. At the same time, experimental and computational studies have surged, illuminating a wide array of novel process designs to introduce sustainable methanol into the market. However, with numerous competing pathways identified across a variety of fossil and non-fossil feedstocks, there is a need to harmonize the analyses of these pathways using a consistent techno-economic approach and compare them to current commercial pathways to better understand the benefits or limitations inherent to each technology. In this work we conduct a consistent comparative analysis of three sustainable methanol synthesis pathways versus a commercial baseline, with biomass, CO2, and natural gas as the carbon sources. The three sustainable pathways of interest are biomass gasification to syngas with subsequent catalytic conversion of syngas to methanol, indirect conversion of CO2 to syngas via electrolysis with subsequent catalytic conversion of syngas to methanol, and direct conversion of CO2 to methanol via electrolysis. To elucidate the challenges and opportunities in the path to commercialization of each sustainable pathway, we investigate five key process metrics: production cost, carbon efficiency, carbon intensity, energy efficiency, and technology readiness level (TRL).

biomass↗

Combined Techno-Economic Analysis and Life Cycle Assessment of an Integrated Direct Air Capture System with Advanced Algal Biofuel Production

The continuous increase in carbon dioxide (CO2) concentration in the atmosphere since the First Industrial Revolution correlates convincingly with the ongoing rise of the Earth's global average temperature contributing to climate change. As a response, carbon capture and sequestration (CCS) technologies are being implemented to mitigate anthropogenic CO2 emissions by capturing CO2 from high emitting point sources, such as power plants, refineries, and cement factories, and subsequently buried in geological formations underground for long term storage. Recently direct air capture (DAC) has emerged as a promising alternative technology that captures CO2 directly from the atmosphere for use or sequestration. This study investigates the potential synergistic benefits of integrating a solid amine-based DAC system with advanced algal biofuel production in photobioreactors (PBRs). DAC utilization allows the removal of atmospheric CO2 while also decoupling algae production facilities from anthropogenic point CO2 sources and avoiding the cost and logistics challenges of transporting CO2 long distances to remote facilities. Techno-economic analysis and life cycle assessment are performed to assess the economic and environmental benefits of heat and mass integration between the DAC and the PBR for biofuel production. The DAC-PBR system integration also considers on-site flue gas handling options, DAC capital utilization, the tradeoff between centralization or decentralization of key unit operations, and the PBR array. This presentation will discuss how optimizing DAC-PBR process integration can enhance the algal biofuel's economic and environmental sustainability and the prospect of DAC enabling the circular carbon economy.

algal biofuel production↗

Techno-Economic Analysis for Co-Processing Fast Pyrolysis Liquid in Fossil Refineries

Recent work at the National Renewable Energy Laboratory (NREL) and throughout the bioenergy community has highlighted incentives associated with co-processing bio-intermediates in existing refineries to reduce capital costs associated with renewable fuels and chemicals production and reduce overall risk for emerging biomass conversion technologies. This presentation summarizes the techno-economic analysis results from the NREL-Petrobras collaboration that focused on refinery integration of fast pyrolysis oil through co-processing in the fluid catalytic cracking (FCC) process. The NREL-Petrobras work highlights the economic opportunity for refiners to engage in co-processing for low-carbon products and introduces the risks for refiners based on variability in crude and fossil-product markets. The NREL-Petrobras results also serve as a basis to inform policy design that reduces economic risk for refinery co-processing and repurposing opportunities. The final topics in the presentation highlight experimental capabilities and emerging analysis approaches at NREL and partner laboratories that support the development and commercial deployment of refinery utilization strategies.

bio-fuels↗

Demonstration of ACCERT Software for Nuclear Power Plant Techno-Economics

In the past few years, there has been a renewed interest in the deployment of nuclear power for decarbonizing the electricity grid as well as a range of industrial applications. As the demonstrations of advanced nuclear power plants start to begin, there will likely be a further increase in this interest. As nuclear is being considered as a part of the energy mix, understanding the cost of nuclear energy becomes increasingly important for all stakeholders including advanced reactor vendors (for making design decisions and marketing their designs), users of nuclear energy (e.g., to estimate the cost of decarbonization of other industries using nuclear), and government (e.g., in capacity expansion models that are used in framing policy). In this summary, we demonstrate a software tool called ACCERT that is currently being developed with funding from the Systems Analysis and Integration (SA&I) program under the Department of Energy’s Office of Nuclear Energy (DOE NE). ACCERT is a cost estimation and techno-economics tool for nuclear power plant applications that includes a database of (a) cost estimates of various ‘reference’ nuclear power plant designs gathered from existing literature, and (b) algorithms developed from these costs that can be used extrapolate the existing costs and perform a bottom-up cost estimation of other designs. A companion summary describes the software and its design in more detail and this summary presents a demonstration for four different nuclear power plant designs: a pressurized water reactor (PWR), high-temperature gas reactor (HTGR), sodium fast reactor (SFR), and a heat-pipe microreactor. The demonstrations include the reference cost estimates and the cost estimates of a modified design for each reference case.

21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS↗

Techno-Economic Performance of Eavor Loop 2.0

This project evaluated techno-economic performance for a sample Eavor-Loop 2.0 design for electricity production and direct-use heating. The Eavor-Loop 2.0 design investigated is a 7.5-km deep closed-loop geothermal system consisting of 12 laterals for a total of more than 90 km of downhole well and lateral length. Both a high geothermal gradient scenario of 60 degrees C/km and a low geothermal gradient scenario of 30 degrees C/km were considered. With pure water injected at 60 degrees C and 80 kg/s, reservoir simulations with the Slender-Body Theory simulator indicate average production temperatures over a 30-year lifetime of ~125 degrees C and ~210 degrees C for the low and high geothermal gradient scenario, respectively. These correspond to heat production of ~22 M Wth and ~51 M Wth, respectively. Using IPSEpro simulations, we find average power production of ~2.2 M We and ~8.6 M We, respectively, for a subcritical organic Rankine cycle power plant with air-cooled condensers. Cost estimates indicate the overall capital and levelized costs are dominated by the lateral drilling cost. Obtaining a levelized cost of electricity below $70/M Wh requires a geothermal gradient of 60 degrees C/km, a discount rate below 9%, and lateral drilling cost below $400/m. A well cost model indicates that ~$400/m for the Eavor-Loop 2.0 design investigated can be obtained for a drilling rate of penetration about 40 ft/hr (with bit life of 50 hours), and omitting casing and cement. Traditional (geothermal) well drilling has achieved these drilling rate conditions, including the Utah FORGE project where the rate of penetration has exceeded 50 ft/hr in granite. However, it is unclear if these conditions are still valid for drilling the Eavor-Loop 2.0 laterals (i.e., ~82 km of laterals at 4 to 7.5-km vertical depth with rock temperatures up to 460 degrees C), as such downhole completion has never been developed before. Competitive levelized cost of heat values ($1.2-$8.2/GJ) are calculated, even for the low geothermal gradient scenario (30 degrees C/km) and lateral drilling cost of $600/m.

advanced geothermal system↗