• Korean Chemical Engineering Research
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• v.56 no.4
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• pp.496-523
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• 2018

The objective of this study is to evaluate the economic feasibility of two fast pyrolysis and biooil upgrading (FPBU) plants including feed drying, fast pyrolysis by fluidized-bed, biooil recovery, hydro-processing for biooil upgrading, electricity generation, and wastewater treatment. The two FPBU plants are Case 1 of an FPBU plant with steam methane reforming (SMR) for $H_2$ generation (FPBU-HG, 20% yield), and Case 2 of an FPBU with external $H_2$ supply (FPBUEH, 25% yield). The process flow diagrams (PFDs) for the two plants were constructed, and the mass and energy balances were calculated, using a commercial process simulator (ASPEN Plus). A four-level economic potential approach (4-level EP) was used for techno-economic analysis (TEA) under the assumption of sawdust 100 t//d containing 40% water, 30% equity, capital expenditure equal to the equity, $H_2$ price of $1050/ton, and hydrocarbon yield from dried sawdust equal to 20 and 25 % for Case 1 and 2, respectively. TCI (total capital investment), TPC (total production cost), ASR (annual sales revenue), and MFSP (minimum fuel selling price) of Case 1 were $22.2 million, $3.98 million/yr, $4.64 million/yr, and $1.56/l, respectively. Those of Case 2 were $16.1 million, $5.20 million/yr, $5.55 million/yr, and $1.18/l, respectively. Both ROI (return on investment) and PBP (payback period) of Case 1(FPBU-HG) and Case 2(FPBU-EH) were the almost same. If the plant capacity increases into 1,500 t/d for Case 1 and Case 2, ROI would be improved into 15%/yr.

• Clean Technology
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• v.20 no.1
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• pp.1-6
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• 2014

$CO_2$ is generated by the combustion reaction, when getting the energy from fossil fuel. If the carbon dioxide emissions increases more, the global warming problem will become more serious. CCS (carbon capture storage) needs to be developed for the prevention of this. When liquefied $CO_2$ is transported, BOG (boil-off gas) is generated because of several problems. In the study, by injecting liquefied $CO_2$ in two tanks which contains $40m^3$each, the amount of BOG and its composition were measured during 30 days when generating pressure changes and external heat, loading, unloading. In result, 16,040 kg of BOG was generated and the composition has been found out to be 99.95% $CO_2$ and 0.05 % $N_2$. Also, we conducted simulation process for reliquefaction of generated BOG with vapor compression cycle using the PRO/II with PROVISION version 9.2. As a result, the refrigeration cycle of the total circulation flow rate was 42.07 kg/h and the condenser utility consumption was 48.85 kg/h.