Techno-Economic Feasibility of Biomass Gasification for the Decarbonisation of Energy-Intensive Industries
Jaime Guerrero,
Simón Sala,
Alejandro Fresneda-Cruz,
Irene Bolea,
Alessandro A. Carmona-Martínez and
Clara Jarauta-Córdoba ()
Additional contact information
Jaime Guerrero: CIRCE—Technology Center, Parque Empresarial Dinamiza, Ave. Ranillas 3D, 1st Floor, 50018 Zaragoza, Spain
Simón Sala: CIRCE—Technology Center, Parque Empresarial Dinamiza, Ave. Ranillas 3D, 1st Floor, 50018 Zaragoza, Spain
Alejandro Fresneda-Cruz: CIRCE—Technology Center, Parque Empresarial Dinamiza, Ave. Ranillas 3D, 1st Floor, 50018 Zaragoza, Spain
Irene Bolea: CIRCE—Technology Center, Parque Empresarial Dinamiza, Ave. Ranillas 3D, 1st Floor, 50018 Zaragoza, Spain
Alessandro A. Carmona-Martínez: CIRCE—Technology Center, Parque Empresarial Dinamiza, Ave. Ranillas 3D, 1st Floor, 50018 Zaragoza, Spain
Clara Jarauta-Córdoba: CIRCE—Technology Center, Parque Empresarial Dinamiza, Ave. Ranillas 3D, 1st Floor, 50018 Zaragoza, Spain
Energies, 2023, vol. 16, issue 17, 1-13
Abstract:
The current climatic and geopolitical situation leads to strong decarbonisation policies in several industries worldwide. Moreover, the European Union is pushing intensive industries to achieve a 55% reduction in CO 2 emissions towards 2030. Among them, the steel manufacturing sector is at the lead of alternative projects that can help achieve this ambitious target. Co-production of syngas and biochar is one potential solution for this sector. Herein, a techno-economic analysis is provided to evaluate the economic feasibility and the effect of the most influential parameters for a successful deployment. A bibliographic review has been carried out to establish a clear baseline for such an analysis in terms of investment costs at several scales for gasification projects. Additionally, the cost evolution for coke, natural gas, and CO 2 emission credits on the profitability of these projects are given. The case scenario processing 20,000 t biomass /y is the most feasible solution, with a payback of around three years and a net present value (NPV) of around 15 million EUR, showing that biomass gasification can be an up-and-coming alternative in the mid-term.
Keywords: renewable gas; biomass; gasification; biochar; syngas; techno-economic analysis (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: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://www.mdpi.com/1996-1073/16/17/6271/pdf (application/pdf)
https://www.mdpi.com/1996-1073/16/17/6271/ (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:16:y:2023:i:17:p:6271-:d:1227875
Access Statistics for this article
Energies is currently edited by Ms. Agatha Cao
More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().