Feasibility Study of Bio-Hydrogenated Diesel (BHD) Production: A Case Study in Thailand

2014 ◽  
Vol 931-932 ◽  
pp. 162-167
Author(s):  
Kantama Angsana ◽  
Chaiwat Prapainainar ◽  
Phavanee Narataruksa ◽  
Hupinnyo Piyapong

It founded that crude palm oil, CPO, could be changed to Bio-hydrogenated Diesel, BHD, which has a potential to replace the petroleum-derived diesel. Therefore, techno-economic feasibility of BHD production for Thailand was studied with a capacity of 1 million liters per day (MLD) of BHD. In this work, a conceptual design of BHD process was developed by using process simulator, ASPEN Plus. Calculation of mass and energy balance, equipment sizing and cost estimation in five major unit operations were performed. The total capital investment was calculated and used for economic analysis to estimate the return on investment, price value and payback period. The results showed that total capital investment cost was 174.34 millions USD with 1 MLD of BHD, PBP was 5 years with 17.02% ROI. BHD price of 1.16 USD/L.

2018 ◽  
Vol 104 ◽  
pp. 190-202 ◽  
Author(s):  
Giovanni Maronati ◽  
Bojan Petrovic ◽  
Jurie J. Van Wyk ◽  
Matthew H. Kelley ◽  
Chelsea C. White

Author(s):  
M. Bozzolo ◽  
M. Brandani ◽  
A. Traverso ◽  
A. F. Massardo

In this paper the thermoeconomic analysis of gas turbine plants with fuel decarbonisation and carbon dioxide sequestration is presented. The study focuses on the amine (MEA) decarbonisation plant lay-out and design, also providing economic data about the total capital investment costs of the plant. The system is fuelled with methane that is chemically treated through a partial oxidation and a water-gas shift reactor. CO2 is captured from the resulting gas mixture, using an absorbing solution of water and MEA that is continuously re-circulated through an absorption tower and a regeneration tower: the decarbonised fuel gas is afterwards burned in the gas turbine. The heat required by CO2 sequestration is mainly recovered from the gas turbine exhausts and partially from the fuel treatment section. The reduction in efficiency and the increase in energy production costs due to fuel amine decarbonisation is evaluated and discussed for different gas turbine sizes and technologies (microturbine, small size regenerated, aeroderivative, heavy duty). The necessary level of carbon tax for a conventional plant without a fuel decarbonisation section is calculated and a comparison with the Carbon Exergy Tax procedure is carried out, showing the good agreement of the results.


MRS Bulletin ◽  
1988 ◽  
Vol 13 (1) ◽  
pp. 19-24
Author(s):  
Bernd P. Maier

The Institut Max von Laue-Paul Langevin (ILL) at Grenoble, France was formally founded in January 1967, with the signature of an intergovernmental convention between France and the Federal Republic of Germany. The aim was to provide the scientific community of the affiliated countries with a unique neutron beam facility applicable in fields such as the physics of condensed matter, chemistry, biology, nuclear physics, and materials science. The construction of the Institut and its high flux reactor was undertaken as a joint French-German project, with a total capital investment of 335 million French francs.The reactor first went critical in August 1971 and reached its full power of 57 MW for the first time in December 1971. The year 1972 saw the startup of the cold and hot sources, the first instruments, and the beginning of the experimental program.On January 1, 1973, the United Kingdom joined the Institut as a third equal partner, contributing its share to the total capital investment. In December 1986, an agreement on “Scientific Membership” for Spain was signed for a period of five years starting January 1, 1987. The ILL is a nontrading company under French civil law. The three countries are represented by the following associates: Kernforschungszentrum Karlsruhe GmbH (W. Germany), Centre National de la Recherche Scientifique (France), Commissariat à l'Energie Atomique (France), and Science and Engineering Research Council (United Kingdom). These associates are represented on a Steering Committee which establishes the general rules of the management of the ILL.


Author(s):  
S. Aukutsionek

The article outlines the trends of 2019 – the first half of 2020 in the field of investment behavior of enterprises. The following aspects are examined: the level of investment activity both in terms of equipment purchases and total capital investment; the rating of factors limiting capital investment; the main sources of funds for investment and principal motives to invest; the features of borrowings from banks to finance investment.


2021 ◽  
Vol 3 (2) ◽  
pp. Manuscript
Author(s):  
Yifan Wang ◽  
Laurie Wright ◽  
Pengfei Zhang

Liquefied Natural Gas (LNG) fuelled system has received increasing attention from the shipping industry. However, the main barriers such as high capital investment costs required by LNG fuelled ships, uncertainties in LNG supply and price are still hinder the uptake of LNG as a marine fuel, especially for the trans-ocean going application. Also, uncertainties brought by unexpected events such as war and global pandemic, force us to revisit the topic of economic feasibility of the alternative emission reduction technologies. A lifetime-based cost evaluation framework has been proposed to systematically evaluate the implementation of using LNG as fuel for general ocean-going commercial ships. The benefits of the approach were discussed through a case study and the economic performance of the three varying sizes of ocean-going LNG-fuelled container ships were tested. Uncertainty analysis has been conducted with Monte Carlo simulation to evaluate the economic feasibility of using LNG as marine fuel under different fuel price scenarios. Case study and uncertainty analysis indicated that the acquisition premium for ocean-going LNG-fuelled container ships is sufficient to warrant the saving in terms of the LCC. Nevertheless, under the low fuel price scenarios, LNG fuelled ship has no cost advantages in the lifetime perspective.


Author(s):  
Kuniko Urashima ◽  
Seock Joon Kim ◽  
Jen-Shih Chang

Abstract Economies of pollution control devices are critical to the decision-making in power plant emission control upgrades. The computer code (SUENTP) to predict scale up and economic evaluation of several eligible non-thermal plasma processes for power plant gaseous pollution controls was developed for electron beam, pulsed corona, and corona radical shower processes. This code was written by the spread sheet type MS Excel with visual basic for application and comprises data input procedure, scale-up (design) procedure, economic calculation procedure, and output procedures. Data obtained from pilot plant tests was used as an input data together with general data so that they might be led to the conceptual design data of commercial plants by scaleup procedure. The economic evaluation procedure consisted of the total capital investment and the total annual cost. The total capital investment was presented as the indirect annual cost in items of capital recovery. The levelized cost and the levelized bus bar cost were shown in the output table. Typical calculation was presented to evaluate the cost of three non-thermal systems based on existing pilot plant experiments. The results show that the economy of the non-thermal plasma systems are similar or less costs by compared with a conventional wet-scrubber/selective catalytic reduction combined system.


2003 ◽  
Vol 125 (4) ◽  
pp. 947-953 ◽  
Author(s):  
M. Bozzolo ◽  
M. Brandani ◽  
A. Traverso ◽  
A. F. Massardo

In this paper the thermoeconomic analysis of gas turbine plants with fuel decarbonization and carbon dioxide sequestration is presented. The study focuses on the amine (MEA) decarbonization plant layout and design, also providing economic data about the total capital investment costs of the plant. The system is fuelled with methane that is chemically treated through a partial oxidation and a water-gas shift reactor. CO2 is captured from the resulting gas mixture, using an absorbing solution of water and MEA that is continuously recirculated through an absorption tower and a regeneration tower: the decarbonized fuel gas is afterwards burned in the gas turbine. The heat required by CO2 sequestration is mainly recovered from the gas turbine exhausts and partially from the fuel treatment section. The reduction in efficiency and the increase in energy production costs due to fuel amine decarbonization is evaluated and discussed for different gas turbine sizes and technologies (microturbine, small size regenerated, aeroderivative, heavy duty). The necessary level of carbon tax for a conventional plant without a fuel decarbonization section is calculated and a comparison with the carbon exergy tax procedure is carried out, showing the good agreement of the results.


Energies ◽  
2019 ◽  
Vol 12 (8) ◽  
pp. 1492 ◽  
Author(s):  
Kim ◽  
Salim ◽  
Cha ◽  
Park

Power plants with waste heat collection and utilization have gained increasing interest in the high energy-consuming industries, such as steel-making and cement manufacturing, due to its energy efficiency. Waste heat power plants possess some intrinsic characteristics, for instance, the main equipment and the working fluids. However, at the time of this research, we could not find an economic analysis suitable to address the specialized aspects of waste heat power plant, making it difficult to measure the total capital investment needed for the business feasibility assessment. In this paper, we introduced our total capital investment estimation module developed for a waste heat power plant by considering its intrinsic features. We followed a systems engineering approach in designing and developing our module. We performed a requirements analysis of the stakeholders related to the waste heat power plant. Simultaneously, we consider the technical aspects by exploring the working fluids and main equipment implemented in the plant. Then, we developed the cost models for each equipment and used them as the basis of the proposed total capital investment estimation module. The performance verification showed that our proposed method achieved the initial accuracy target of a 5.78% error range when compared to the real data from the reference case study.


2020 ◽  
pp. 3-11
Author(s):  
S. Aukutsionek

The article outlines the trends of 2019 – the first half of 2020 in the field of investment behavior of enterprises. There are examined: the level of investment activity both in terms of equipment purchases and total capital investment; the rating of factors limiting capital investment; the main sources of funds for investment and principal motives to invest; the features of borrowings from banks to finance investment.


1988 ◽  
Vol 16 (4) ◽  
pp. 111-123 ◽  
Author(s):  
Gavin M. Chen ◽  
John A. Cole

This article combines the results of three financial studies that examine capital issues affecting minority business development. The results are presented so as to explain or refute conventional wisdom regarding capital availability, cost of capital, credit market discrimination, sources of capital and differences in firm capital composition. Generally, Asian and Hispanic businesses more approximate nonminority businesses in the sources of capital, the cost of capital, total capital investment, and access to capital. Black firms, on the other hand, face credit discrimination from all sources of capital, which limits their access to capital, increases its cost, and affects firm profitability. Consequently, black firms have a smaller capital composition at startup and during operations. The only deviation from this pattern occurs where minority and nonminority financial institutions vie for black business patronage by reducing the cost of borrowing and increasing the availability of funds.


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