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

Author

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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 II

    (Department of Chemical Engineering, McMaster University, 1280 Main St W, Hamilton, ON L8S 4L7, Canada)

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.

Suggested Citation

  • Yaser Khojasteh Salkuyeh & Thomas A. Adams II, 2015. "Co-Production of Olefins, Fuels, and Electricity from Conventional Pipeline Gas and Shale Gas with Near-Zero CO 2 Emissions. Part II: Economic Performance," Energies, MDPI, vol. 8(5), pages 1-13, April.
    • Handle: RePEc:gam:jeners:v:8:y:2015:i:5:p:3762-3774:d:48979
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    References listed on IDEAS

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    1. Gao, Lin & Li, Hongqiang & Chen, Bin & Jin, Hongguang & Lin, Rumou & Hong, Hui, 2008. "Proposal of a natural gas-based polygeneration system for power and methanol production," Energy, Elsevier, vol. 33(2), pages 206-212.
    2. Ren, Tao & Patel, Martin K. & Blok, Kornelis, 2008. "Steam cracking and methane to olefins: Energy use, CO2 emissions and production costs," Energy, Elsevier, vol. 33(5), pages 817-833.
    3. Man, Yi & Yang, Siyu & Zhang, Jun & Qian, Yu, 2014. "Conceptual design of coke-oven gas assisted coal to olefins process for high energy efficiency and low CO2 emission," Applied Energy, Elsevier, vol. 133(C), pages 197-205.
    4. Urmila Diwekar, 2008. "Introduction to Applied Optimization," Springer Optimization and Its Applications, Springer, number 978-0-387-76635-5, June.
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    Cited by:

    1. Salkuyeh, Yaser Khojasteh & Elkamel, Ali & Thé, Jesse & Fowler, Michael, 2016. "Development and techno-economic analysis of an integrated petroleum coke, biomass, and natural gas polygeneration process," Energy, Elsevier, vol. 113(C), pages 861-874.
    2. Blumberg, Timo & Lee, Young Duk & Morosuk, Tatiana & Tsatsaronis, George, 2019. "Exergoenvironmental analysis of methanol production by steam reforming and autothermal reforming of natural gas," Energy, Elsevier, vol. 181(C), pages 1273-1284.

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