University of Oulu

Ruokonen, J.; Nieminen, H.; Dahiru, A.R.; Laari, A.; Koiranen, T.; Laaksonen, P.; Vuokila, A.; Huuhtanen, M. Modelling and Cost Estimation for Conversion of Green Methanol to Renewable Liquid Transport Fuels via Olefin Oligomerisation. Processes 2021, 9, 1046. https://doi.org/10.3390/pr9061046

Modelling and cost estimation for conversion of green methanol to renewable liquid transport fuels via olefin oligomerisation

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Author: Ruokonen, Jenna1; Nieminen, Harri1; Dahiru, Ahmed Rufai2;
Organizations: 1LUT School of Engineering Science, Lappeenranta-Lahti University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland
2Environmental and Chemical Engineering, University of Oulu, P.O. Box 4300, FI-90014 Oulu, Finland
3LUT School of Energy Systems, Lappeenranta-Lahti University of Technology, P.O. Box 20, FI-53851 Lappeenranta, Finland
Format: article
Version: published version
Access: open
Online Access: PDF Full Text (PDF, 2 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe2021071341406
Language: English
Published: Multidisciplinary Digital Publishing Institute, 2021
Publish Date: 2021-07-13
Description:

Abstract

The ambitious CO₂ emission reduction targets for the transport sector set in the Paris Climate Agreement require low-carbon energy solutions that can be commissioned rapidly. The production of gasoline, kerosene, and diesel from renewable methanol using methanol-to-olefins (MTO) and Mobil’s Olefins to Gasoline and Distillate (MOGD) syntheses was investigated in this study via process simulation and economic analysis. The current work presents a process simulation model comprising liquid fuel production and heat integration. According to the economic analysis, the total cost of production was found to be 3409 €/tfuels (273 €/MWhLHV), corresponding to a renewable methanol price of 963 €/t (174 €/MWhLHV). The calculated fuel price is considerably higher than the current cost of fossil fuels and biofuel blending components. The price of renewable methanol, which is largely dictated by the cost of electrolytic hydrogen and renewable electricity, was found to be the most significant factor affecting the profitability of the MTO-MOGD plant. To reduce the price of renewable fuels and make them economically viable, it is recommended that the EU’s sustainable transport policies are enacted to allow flexible and practical solutions to reduce transport-related emissions within the member states.

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Series: Processes
ISSN: 2227-9717
ISSN-E: 2227-9717
ISSN-L: 2227-9717
Volume: 9
Issue: 6
Article number: 1046
DOI: 10.3390/pr9061046
OADOI: https://oadoi.org/10.3390/pr9061046
Type of Publication: A1 Journal article – refereed
Field of Science: 218 Environmental engineering
215 Chemical engineering
Subjects:
Copyright information: © 2021 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
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