Abstract
This research develops a technoeconomic analysis to study the profitability of ethanol production from CO2 electroreduction. A HYSYS simulation is used to calculate the separation costs, a challenge in previous models available in literature. The profitability of a 10 000 kg per day CO2 electroreduction plant to produce ethanol is studied. An optimization of the pressure swing adsorber and distillation tower, which greatly influence the total cost of the plant (≈20% of total cost), is carried out, obtaining a total cost of separation of £1.94 (Formula presented.) 106. The study demonstrates that reducing the voltage applied to values around 0.5 V, i.e., by increasing the pH up to 12 makes the process economically feasible with a current density over 15 mA cm−2. It also shows that the process is economically feasible using a current density of 5 mA cm−2 if the electricity cost from renewable sources drops to 2.0 (Formula presented.) 10−2 £ kWh−1. Finally, it is proved that if catalyst stability is not considered, some catalysts currently available in the literature can be used with a positive economic income. The results of this research show that the industrial electroreduction of ethanol can be feasible and can attract interest in the industrial adoption of the technology.
Original language | English |
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Article number | 2200782 |
Number of pages | 11 |
Journal | Advanced Theory and Simulations |
Volume | 6 |
Issue number | 4 |
Early online date | 12 Feb 2023 |
DOIs | |
Publication status | Published - 30 Apr 2023 |
Bibliographical note
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Data Availability Statement
The data that support the findings of this study are available from the corresponding author upon reasonable requestFunding
The authors are grateful to the Department of Chemical Engineering at the University of Bath for providing the funding necessary to carry out this investigation. The authors acknowledge AspenTech for allowing the publication of this research. References and screen images from Aspen HYSYS were used and reprinted with permission from Aspen Technology, Inc. AspenTech, Aspen HYSYS, and the AspenTech leaf logo are trademarks of Aspen Technology, Inc. All rights reserved.
Funders | Funder number |
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Aspen Technology, Inc. | |
Department of Chemical Engineering at the University of Bath |
Keywords
- CO electroreduction
- ethanol
- HYSYS
- separation costs
- technoeconomic models
ASJC Scopus subject areas
- Statistics and Probability
- Numerical Analysis
- Modelling and Simulation
- General