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On the economics of solar chemical processes - case study for solar co-production of methanol and power

von Storch, Henrik and Roeb, Martin and Stadler, Hannes and Sattler, Christian and Hoffschmidt, Bernhard (2017) On the economics of solar chemical processes - case study for solar co-production of methanol and power. In: Proceedings Solar World Congress 2017, pp. 1-11. Solar World Congress, 29. Okt. - 02. Nov. 2017, Abu Dhabi, UAE.

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Official URL: http://swc2017.org/home.html

Abstract

In several studies, the efficiency of solarized industrial processes was assessed and showed promising results. However, the economic competitiveness of such processes is a mainly unanswered question. In this work, the economic performance of a solar aided methanol production process is determined. The assessment yields promising results for the considered co-production process. The presented results also show that for a penetration of renewable energies beyond electricity production, the common support model of fixed feed-in-tariffs is not suitable. A reasonable cost for CO2 emissions or reward for their reduction will allow finding the most economic application for renewable energies independent of the end product of the process. When reasonable rewards of 75 $/tCO2 for the reduction of CO2 emissions compared to fossil reference processes are considered, the process can produce methanol and electricity at competitive prices.

Item URL in elib:https://elib.dlr.de/117239/
Document Type:Conference or Workshop Item (Speech)
Title:On the economics of solar chemical processes - case study for solar co-production of methanol and power
Authors:
AuthorsInstitution or Email of AuthorsAuthors ORCID iD
von Storch, HenrikHenrik.vonStorch (at) dlr.deUNSPECIFIED
Roeb, MartinMartin.Roeb (at) dlr.deUNSPECIFIED
Stadler, HannesHannes.Stadler (at) dlr.deUNSPECIFIED
Sattler, ChristianChristian.Sattler (at) dlr.dehttps://orcid.org/0000-0002-4314-1124
Hoffschmidt, BernhardBernhard.Hoffschmidt (at) dlr.deUNSPECIFIED
Date:9 October 2017
Journal or Publication Title:Proceedings Solar World Congress 2017
Refereed publication:Yes
Open Access:No
Gold Open Access:No
In SCOPUS:No
In ISI Web of Science:No
Page Range:pp. 1-11
Status:Published
Keywords:concentrated solar Radiation, reforming, natural gas, Methanol, power
Event Title:Solar World Congress
Event Location:Abu Dhabi, UAE
Event Type:international Conference
Event Dates:29. Okt. - 02. Nov. 2017
Organizer:International Solar Energy Society
HGF - Research field:Energy
HGF - Program:Renewable Energies
HGF - Program Themes:Solar Fuels
DLR - Research area:Energy
DLR - Program:E SW - Solar and Wind Energy
DLR - Research theme (Project):E - Solar Fuels
Location: Jülich , Köln-Porz
Institutes and Institutions:Institute of Solar Research > Solar Chemical Engineering
Institute of Solar Research > Punktfokussierende Systeme
Deposited By: Sattler, Prof. Dr. Christian
Deposited On:18 Dec 2017 12:20
Last Modified:18 Dec 2017 12:20

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