Co-Production of Olefins, Fuels, and Electricity from Conventional Pipeline Gas and Shale Gas with Near-Zero CO 2 Emissions. Part II: Economic Performance

Yaser Khojasteh Salkuyeh and Thomas A. Adams
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Yaser Khojasteh Salkuyeh: Department of Chemical Engineering, McMaster University, 1280 Main St W, Hamilton, ON L8S 4L7, Canada
Thomas A. Adams: Department of Chemical Engineering, McMaster University, 1280 Main St W, Hamilton, ON L8S 4L7, Canada

Energies, 2015, vol. 8, issue 5, 1-13

Abstract: 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 2 emissions (including the utilities). This provides an economic and more sustainable alternative to traditional naphtha cracking.

Keywords: polygeneration; gas-to-olefins; gas-to-liquids; methanol-to-olefins; CO 2 capture (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:8:y:2015:i:5:p:3762-3774:d:48979

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