Thermodynamic and Economic Evaluation of a Novel Green Methanol Poly-Generation System
Methanol is considered a sustainable alternative energy source due to its ease of storage and high-octane rating. However, the conventional methanol production process is accompanied by resource consumption and significant greenhouse gas emissions. The electrochemical reaction of electrochemically reacted hydrogen (H<sub<2</sub<) with captured carbon dioxide (CO<sub<2</sub<) offers an alternative route to methanol production. This paper presents a new green poly-generation system consisting of a parabolic trough solar collector (PTC) unit, an organic Rankine cycle (ORC) unit, a CO<sub<2</sub< capture unit, an alkaline electrolysis unit, a green methanol synthesis and distillation unit, and a double-effect lithium bromide absorption refrigeration (ARC) unit. The system mainly produced 147.4 kmol/h of methanol at 99.9% purity, 283,500 kmol/h of domestic hot water, and a cooling load of 1341 kW. A total 361.34 MW of thermal energy was supplied to the ORC by the PTC. The alkaline electrolysis unit generated 464.2 kmol/h of H<sub<2</sub< and 230.6 kmol/h of oxygen (O<sub<2</sub<) while providing H<sub<2</sub< for methanol synthesis. Thermodynamic and economic analysis of the system was carried out. The energy and exergy efficiency of the whole system could reach 76% and 22.8%, respectively. The internal rate of return (IRR) for the system without subsidies was 11.394%. The analysis for the methanol price showed that the system was economically viable when the methanol price exceedsed$363.34/ton. This new proposed poly-generation system offers more options for efficiently green methanol production..
| Medienart: |
E-Artikel |
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| Erscheinungsjahr: |
2023 |
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| Erschienen: |
2023 |
| Enthalten in: |
Zur Gesamtaufnahme - volume:11 |
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| Enthalten in: |
Processes - 11(2023), 206, p 206 |
| Sprache: |
Englisch |
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| Beteiligte Personen: |
Qiliang Ye [VerfasserIn] |
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| Links: |
doi.org [kostenfrei] |
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| Themen: |
CO |
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| doi: |
10.3390/pr11010206 |
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| funding: |
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| Förderinstitution / Projekttitel: |
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| PPN (Katalog-ID): |
DOAJ081715536 |
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| 520 | |a Methanol is considered a sustainable alternative energy source due to its ease of storage and high-octane rating. However, the conventional methanol production process is accompanied by resource consumption and significant greenhouse gas emissions. The electrochemical reaction of electrochemically reacted hydrogen (H<sub<2</sub<) with captured carbon dioxide (CO<sub<2</sub<) offers an alternative route to methanol production. This paper presents a new green poly-generation system consisting of a parabolic trough solar collector (PTC) unit, an organic Rankine cycle (ORC) unit, a CO<sub<2</sub< capture unit, an alkaline electrolysis unit, a green methanol synthesis and distillation unit, and a double-effect lithium bromide absorption refrigeration (ARC) unit. The system mainly produced 147.4 kmol/h of methanol at 99.9% purity, 283,500 kmol/h of domestic hot water, and a cooling load of 1341 kW. A total 361.34 MW of thermal energy was supplied to the ORC by the PTC. The alkaline electrolysis unit generated 464.2 kmol/h of H<sub<2</sub< and 230.6 kmol/h of oxygen (O<sub<2</sub<) while providing H<sub<2</sub< for methanol synthesis. Thermodynamic and economic analysis of the system was carried out. The energy and exergy efficiency of the whole system could reach 76% and 22.8%, respectively. The internal rate of return (IRR) for the system without subsidies was 11.394%. The analysis for the methanol price showed that the system was economically viable when the methanol price exceedsed$363.34/ton. This new proposed poly-generation system offers more options for efficiently green methanol production. | ||
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