Transactions of the Korean hydrogen and new energy society (한국수소및신에너지학회논문집)

The Korean Hydrogen and New Energy Society (한국수소및신에너지학회)
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Preliminary Feasibility Study for Commercial DME Plant Project

DME 상용화 플랜트 예비 타당성 조사

  • 모용기 (한국가스공사 연구개발원 DME기술연구센터) ;
  • 강민서 (한국가스공사 연구개발원 DME기술연구센터) ;
  • 송택용 (한국가스공사 연구개발원 DME기술연구센터) ;
  • 백영순 (한국가스공사 연구개발원 DME기술연구센터) ;
  • 조원준 (한국가스공사 연구개발원 DME기술연구센터)
  • Received : 2014.03.07
  • Accepted : 2014.04.30
  • Published : 2014.04.30
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Abstract

Dimethyl ether (DME) is a new clean fuel as an environmentally-being energy resources. DME has similar characteristics to those of LPG and can be substituted Diesel fuel. KOGAS has investigated and developed new innovative DME synthesis process from synthesis gas with KOGAS's own technologies. KOGAS had finished the construction of 10ton/day DME demonstration plant in 2008, we have established the basic design of commercial plant which can produce 3,000ton/day DME. Specifically, an economic model for a commercial DME project will be presented. It accounts for all the major cost factors that are considered in a commercial scale project as the model input for performing cash flow analysis, after which key economic indicators are produced including the internal rate of return (IRR), net present value (NPV). Sensitivity analysis is performed to identify dominant cost factors to the project economics and quantify their impact. The inputs to the economic analysis will be based on representative cost factors from the commercial-scale design of KOGAS' direct DME process supplemented by literature data. Case study results will be presented based on recent commercialization projects.

Keywords

References

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