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Technical and Economic Optimization of Biomass-to-Liquid Processes Using Exergoeconomic Analysis

Albrecht, Friedemann Georg and Dietrich, Ralph-Uwe (2018) Technical and Economic Optimization of Biomass-to-Liquid Processes Using Exergoeconomic Analysis. 26th European Biomass Converence & Exhibition (EUBCE), 14.-18. Mai 2018, Kopenhagen, Dänemark.

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Abstract

Decarbonization of the transport sector as proclaimed in the COP 21 targets requires the transition from fossil to renewable energy sources. While electric vehicles may become a viable option to reach these goals in private car traffic, it is expected that aviation, shipping and heavy duty transportation will continue to rely on liquid fuels. Biofuels can replace a large share of fossil fuel in these sectors. Currently, advanced biofuels are characterized by high fuel production costs, resulting in low competitiveness on the fuel market. In order to reduce production costs, it is indispensable to identify and quantify cost reduction potentials within biofuel production processes. For this purpose, it is important to understand and illustrate the cost flows and cost incurrence in Biomass-to-Liquid (BtL) applications. This can efficiently be done applying exergoeconomic methods, which initially have been developed to optimize power and heat production in terms of economic feasibility. In this study, the exergoeconomic methodology, consisting of a detailed exergy analysis and techno-economic assessment, is applied on the production of green Fischer-Tropsch biofuels from biomass and electrical power. Arising costs are broken down in avoidable and unavoidable fractions as well as in costs related to capital investments (CAPEX) or efficiency losses. As a result, recommendations are given were financial support for technology development will result in highest fuel cost reduction. Detailed cost flow diagrams of the investigated green Fischer-Tropsch processes will be presented and discussed.

Item URL in elib:https://elib.dlr.de/120160/
Document Type:Conference or Workshop Item (Speech)
Title:Technical and Economic Optimization of Biomass-to-Liquid Processes Using Exergoeconomic Analysis
Authors:
AuthorsInstitution or Email of AuthorsAuthors ORCID iD
Albrecht, Friedemann GeorgFriedemann.Albrecht (at) dlr.deUNSPECIFIED
Dietrich, Ralph-UweRalph-Uwe.Dietrich (at) dlr.deUNSPECIFIED
Date:17 May 2018
Refereed publication:No
Open Access:No
Gold Open Access:No
In SCOPUS:No
In ISI Web of Science:No
Status:Published
Keywords:Biofuels, Exergoeconomic Analysis, Fischer-Tropsch, Power & Biomass-to-Liquid (PBtL), Techno-Economic Assessment (TEA)
Event Title:26th European Biomass Converence & Exhibition (EUBCE)
Event Location:Kopenhagen, Dänemark
Event Type:international Conference
Event Dates:14.-18. Mai 2018
HGF - Research field:Energy
HGF - Program:Storage and Cross-linked Infrastructures
HGF - Program Themes:Synthetic Hydrocarbons
DLR - Research area:Energy
DLR - Program:E SP - Energy Storage
DLR - Research theme (Project):E - Thermochemical Processes (Synth. HC.)
Location: Stuttgart
Institutes and Institutions:Institute of Engineering Thermodynamics > Thermal Process Technology
Deposited By: Albrecht, Friedemann Georg
Deposited On:16 Jul 2018 16:43
Last Modified:16 Jul 2018 16:43

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