Chapter 3: Power Conversion Technologies: The Advent of Power-to-Gas, Power-to-Liquid, and Power-to-Heat
Decreasing levelized costs of renewable electricity coupled with expanding deployment are enabling a rapid reduction in the carbon intensity of the electrical grid. However, this transition is occurring more slowly in other sectors, including transportation and manufacturing. Power-to-X technologies provide a means to accelerate this transition in those sectors by converting renewable electricity into chemical energy and heat. In this chapter, we provide an overview of the existing and emerging Power-to-X technologies covering the production of methane (hydrogen is covered in Chapter 5) (i.e. Power-to-Gas), chemicals and fuels (e.g. ammonia, carbon monoxide, ethylene, methanol, ethanol, and formic acid), and heat (e.g. for industrial and building applications); discuss the overarching and technology-specific challenges and opportunities; and highlight the implications of deployment of Power-to-X technologies on power generation. We emphasize that Power-to-X technologies do exist today at various stages of development and commercialization and that a transition to lower carbon intensity for the transportation and manufacturing sectors is possible, but it requires immense growth of the electrical grid and appropriate systems design and operations.