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At least 235 records · Page 13

Critically assessing sodium-ion technology roadmaps and scenarios for techno-economic competitiveness against lithium-ion batteries

Sodium-ion batteries have garnered notable attention as a potentially low-cost alternative to lithium-ion batteries, which have experienced supply shortages and price volatility for key minerals. Here we assess their techno-economic competitiveness against incumbent lithium-ion batteries using a modelling framework incorporating componential learning curves constrained by minerals prices and engineering design floors. We compare projected sodium-ion and lithium-ion price trends across over 6,000 scenarios while varying Na-ion technology development roadmaps, supply chain scenarios, market penetration and learning rates. Assuming that substantial progress can be made along technology roadmaps via targeted research and development, we identify several sodium-ion pathways that might reach cost-competitiveness with low-cost lithium-ion variants in the 2030s. In addition, we show that timelines are highly sensitive to movements in critical minerals supply chains—namely that of lithium, graphite and nickel. Our modelled outcomes suggest that being price advantageous against low-cost lithium-ion variants in the near term is challenging and increasing sodium-ion energy densities to decrease materials intensity is among the most impactful ways to improve competitiveness.

25 ENERGY STORAGE↗

Carbon Conversion Technologies - NETL Techno-Economic Analysis Guidelines

This presentation was delivered as part of the Global CO2 Initiative and NETL sponsored workshop, 2022 CCU TEA and LCA Guidance - A Harmonized Approach. The presentation highlights the intent and content of forthcoming NETL guidance documents and toolsets on conducting techno-economic analysis on carbon conversion technologies. Specifically discussed are the "Performing a TEA for Carbon Conversion Technologies" guidance document, the "Cost Scaling Methodology Specific to Carbon Conversion Technologies," and brief highlights of upcoming work products.

Henry, Samuel↗

Techno Economic Analysis Development for Enhanced Weathering and Marine Carbon Dioxide Removal

Enhanced weathering and marine carbon dioxide removal (CDR) are emerging technologies that can aid in the direct removal of CO2 from the atmosphere. This poster presents on NETL’s active (ongoing) work on the techno-economic analysis (TEA) of enhanced weathering and marine CDR. Financial assumptions will be common with already released Direct Air Capture Case Studies

Leptinsky, Sarah↗

Technology Case Study: Techno-Economic and Life Cycle Analysis for Microalgae Conversion Pathways to Fuels and Products

This technology case study report details the cost and sustainability prospects for an emerging feedstock - microalgae - converted to fuels and products via a fractionation and upgrading approach termed combined algae processing (CAP). Detailed techno-economic analysis (TEA) and life cycle analysis (LCA) are conducted for the conversion of farmed algae biomass, with two primary scenarios considering the conversion of either high-compositional-quality biomass enriched in lipids (high-lipid [HL]) or lower-quality biomass enriched in protein (high-protein [HP]). Each scenario employs a different biorefinery configuration tailored towards extracting the maximum value from the given biomass composition. The HL scenario produces fuels and non-isocyanate polyurethane (NIPU) as the primary products, while the HP scenario products fuels and a residual solid coproduct which can be used as a co-feed for producing thermoplastics. The results for the HL scenario were particularly promising, with a minimum fuel selling price (MFSP) of $\$$3.68 per gasoline gallon equivalent (GGE) and fuel GHG emissions translating to 54%-76% reduction compared to petroleum fuels depending on the coproduct handling method used. In contrast, the HP scenario faced more challenges in producing biofuels economically, projecting an MFSP of $\$$7.92/GGE despite significant revenues from the residual algae solids. LCA results for the HP case reflected a 24% reduction potential in biorefinery-level GHG emissions. However, these GHG reductions were primarily associated with the thermoplastic coproduct, which accounted for 93% of all biorefinery outputs by mass. Using a process-level allocation method, carbon intensity results were less promising, indicating a net increase in fuel GHG emissions versus petroleum fuels and highlighting the reliance of this scenario on the thermoplastic coproduct.

09 BIOMASS FUELS↗

Techno-economic Analysis and Life Cycle Assessment of Gluconic Acid and Xylonic Acid Production from Waste Materials

Organic acid-based bioleaching has attracted significant research interest for the recovery of rare earth elements(REEs) and other critical metals. Utilizing biologically produced leaching agents, known as biolixiviants, derived from waste materials holds great promise for enhancing the economic viability and environmental sustainability of bioleaching processes. Here this study focuses on the modeling and optimization of biolixiviant production using corn stover (CS), date palm clippings (DP), and nonrecyclable paper (NP). Techno-economic analysis revealed that gluconic acid production from NP is more cost-effective than that from CS and DP, with respective costs of $0.04/kg, $0.06−0.08/kg, and $0.06−0.09/kg of the biolixiviant, yielding gluconic acid concentrations of 135.39, 172.90, and 176.87 mM, respectively. Life cycle assessment demonstrated that biolixiviant production from NP exerts the lowest environmental impact compared with the other evaluated substrates. When applied to the bioleaching of a neodymium−iron−boron magnet swarf, the biolixiviant derived from NP exhibits the highest leaching efficiencies, confirming its cost and environmental competitiveness in comparison to CS and DP

60 APPLIED LIFE SCIENCES↗

Techno-economic analyses of several redox flow batteries using levelized cost of energy storage

Development of inexpensive long-duration energy storage supports widespread deployment of variable renewable energy resources onto the electricity grid. Flow batteries are a promising class of devices for long-duration energy storage. Techno-economic modeling is needed to evaluate commercial feasibility of existing technologies and to help guide research and development of new technologies. Levelized cost of storage is a useful metric that accounts for capital and operating costs and energy throughput over the life of a project. This metric is used to compare the economic prospects of lithium ion to eight aqueous and two hypothetical nonaqueous flow batteries in four use cases. Finally, flow batteries with inexpensive active materials are favored in long-duration applications.

25 ENERGY STORAGE↗

Techno-Economic Analysis and Life Cycle Assessment of Alternative Fuels for Locomotives in the U.S. Freight Rail Sector

Freight rail is more energy-efficient than truck transport over long-haul distances, offering a low-energy and emissions-intensive option for transporting freight. This study evaluates techno-economic analysis and life cycle assessment of seven alternative unblended fuels for freight locomotive engines─biodiesel, renewable diesel (RD), bio-oils, methanol, dimethyl ether (DME), ethanol, and ammonia─across 16 fuel pathways utilizing soybean, corn, woody biomass, renewable hydrogen, and waste sources, e.g., sludge, manure, and industrial CO 2 , and compares these to conventional diesel. The minimum fuel selling price (MFSP) ranged from $\$2.05$ to $\$8.27$ per diesel gallon equivalent (2020 US dollars), with biocrude and RDs produced from hydrothermal liquefaction (HTL) of sludge having the lowest MFSPs due to coproduct credits and avoided waste treatment cost. Life cycle GHG emissions ranged from −41 to 53 g of CO 2 e/MJ. RD from waste via HTL achieves negative emissions by diverting sludge/manure from GHG-intensive conventional management. Few pathways such as biocrude, methanol, and DME require additional control for SO X emissions in the refinery, while ethanol, FT-diesel, and bio-oil require additional control for particulate matter emissions. Bio-oil and RD from sludge have lower marginal abatement cost or MAC (–$\$38$/tonne CO 2 lowest) while methanol and ammonia with renewable hydrogen have higher MAC ($\$490$/tonne CO 2 maximum).

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

FY20 Third Milestone Report for Advanced Techno-Economic Modeling for Geothermal Heat Pump Applications in Residential, Commercial, and Industry Buildings

This report summarizes the developments of an integrated simulation program for enabling simulation, auto-sizing, and optimization of geothermal heat pump systems. This work fulfills the following FY20 third milestone for WBS 2.5.5.3: Advanced Techno-Economic Modeling for Geothermal Heat Pump Applications in Residential, Commercial, and Industry Building.

15 GEOTHERMAL ENERGY↗

Techno-economic analysis of bioplastic and biofuel production from a high-ash microalgae biofilm cultivated in effluent from a municipal anaerobic digester

Rotating Algae Biofilm Reactors (RABRs) are a promising technology for efficient treatment of wastewater and production of algae-based bioproducts. However, RABR-grown algae can contain a high content of ash (30–60 wt%, dry basis), which influences the technical and economic feasibility of bioproduct conversion processes. In this report, experimental studies and economic analysis were conducted to compare different processes for bioproduct conversion of a high-ash microalgae biofilm grown using a RABR treating 0.6 million gallons per day of anaerobic digestion centrate at the Central Valley Water Reclamation Facility in Salt Lake City, UT. Process and economic models were developed and compared for three conversion processes: 1) the production of bioplastics, 2) the production of bioplastics with a lipid-extraction pretreatment, and 3) the production of biocrude via hydrothermal liquefaction. Techno-economic analysis was performed for each conversion process, including three cases for algae productivity: 231, 391, and 577 metric tons per year (dry basis). The calculated value for the minimum plastic selling price (MPSP) of bioplastics produced from algae ranges from $\$4050$ to $\$3520$ per metric ton based on the baseline and final productivity cases of the RABR, respectively. The extraction of lipids in addition to bioplastic production results in an MPSP of $\$4570$ to $\$4000$ per metric ton for the same productivity cases. The relatively small production scale and complex processing for hydrothermal liquefaction results in a minimum fuel selling price of the biocrude of $\$5.32$ per gallon of gasoline equivalent. In conclusion, the conversion process for bioplastic production from whole algae has the highest income:expense ratio and the most cost-competitive pricing of the three modeled processes.

09 BIOMASS FUELS↗

Sustainable recovery of critical metals from spent lithium-ion batteries through gluconic acid-based bioleaching: Techno-economic analysis, life cycle assessment and process optimization

Recycling spent lithium-ion batteries (LIB) could potentially bridge the ever increasing supply and demand gap for critical metals and simultaneously facilitate the management of hazardous battery waste. This study investigated the optimization of gluconic acid-based bioleaching technology through design of experiments (DOE), combined with techno-economic analysis (TEA), and life cycle assessment (LCA) with the aim of maximizing the net present value (NPV) and minimizing global warming impacts of the process. Biolixiviant containing predominantly gluconic acid produced by the genetically engineered (ΔpstS, P 112 :mgdh) Gluconobacter oxydans B58 through fermentation using non-recyclable paper as a growth substrate was used for the LIB leaching. At optimal bioleaching conditions of gluconic acid (160 mM), leaching time (2.5 h), reducing agent FeSO 4 to metal, i.e., cobalt (Co), nickel (Ni) and manganese (Mn), mole ratio (0.88), temperature (55 °C) and pulp density (2.5 %), the leaching efficiency was 87 % 72 %, 94 %, and 88 % for Co, Ni, Mn and lithium (Li), respectively. TEA analysis confirmed that bioleaching plant with an annual black mass processing capacity of 10,000 metric tons and plant life of 30 years would be economically viable with an NPV and profit margin of $136 million and 11 %, respectively. The predicted carbon footprint of gluconic acid-based bioleaching for recovering 1 kg of Co (13.2 kg of CO 2 eq.) is lower compared to that of most state-of-the-art leaching technologies. Moreover, gluconic acid-based bioleaching effectively recovered target metals when tested for different black mass chemistries.

Bioleaching↗

A techno-economic evaluation of solar-powered green hydrogen production for sustainable energy consumption in Belgium

Here this study focuses on the production and consumption of solar-powered green hydrogen in Belgium by comparing the costs of domestic production with those of imports from Morocco and Namibia. The levelized cost of hydrogen (LCOH) is determined via a techno-economic assessment considering various parameters including, power connectivity, electrolyzer types, location factors, and risk premium. The results show that the lowest LCOH can be achieved by on-grid Proton exchange membrane electrolyzers (PEMEL). LCOH of production in Belgium, Morocco, and Namibia with a PEMEL on-grid system are 5.64, 6.32 and 5.13 euro/kg H 2 , respectively. Thus, importing hydrogen from Namibia to Belgium is more competitive than domestic production. The sensitivity analysis suggests that a target LCOH of 3 euro/kg H 2 is achievable by importing from Namibia through various cost combinations. One of these combinations involves reducing the cost of PV panels to 222.3 euro/kW (70% reduction) and electrolyzers to 363.3 euro/kW (25% reduction).

08 HYDROGEN↗

Computational framework for behind-the-meter DER techno-economic modeling and optimization: REopt Lite

The energy system is undergoing a major transformation with the global emphasis on decarbonization. Distributed generation is projected to play a significant role in the new energy system, and energy models are informing how distributed generation can be integrated reliably and economically. In this work, we present an end-to-end computational framework for distributed energy resource (DER) modeling, REopt Lite™, which captures the interface of technology, economics, and policy in the energy modeling process. We describe the problem space, the building blocks of the model, the scaling capabilities of the design, the optimization formulation, and the extensibility of the model. We present a framework for accelerating the techno-economic analysis of behind-the-meter distributed energy resources to enable rapid planning and decision-making, thereby enabling greater renewable energy deployment. This computation framework is open-sourced to facilitate transparency, flexibility, and wider collaboration opportunities within the worldwide energy modeling community.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Techno-economic analysis of sugarcane bagasse and straw conversion into cellulosic ethanol via consolidated bioprocessing

Cellulosic biofuels offer a sustainable alternative to fossil fuels and a means to mitigate climate change. Consolidated bioprocessing (CBP) featuring engineered thermophilic bacteria, combined with mechanical disruption during fermentation (cotreatment), has potential to lower production costs compared to featuring thermochemical pretreatment and added cellulase. A techno-economic analysis was conducted (230 million L ethanol/year) from sugarcane bagasse and straw at stand-alone facilities generating electricity from residues. Three scenarios were evaluated: Conventional, featuring hydrothermal pretreatment, fungal cellulase, and yeast fermentation (current commercial standard); Mid-term CBP, relying on bagasse solubilization without pretreatment or cotreatment; and Mature CBP, incorporating cotreatment but no pretreatment. Results for these scenarios in this order were: fixed capital investment (CapEx) $\$$589M, $\$$658M, and $\$$472M; net annual revenue (EBITDA) $\$$56M, $\$$96M, and $\$$94M; and minimum ethanol selling price 0.73, 0.61, and 0.48 US$\$$/L. Payback periods were 10.5, 6.9, and 5.1 years, while all scenarios showed <5 years at European prices for scales >100M L/year. Sensitivity and risk analysis highlighted ethanol price as the most critical variable. It is notable that Mid-term CBP had shorter payback times and better overall economic feasibility compared to Conventional. Our results underscore opportunities for research-driven innovation on low-cost cellulosic ethanol technologies in Brazil and elsewhere.

Consolidated bioprocessing↗

Aqueous-phase product treatment and monetization options of wet waste hydrothermal liquefaction: Comprehensive techno-economic and life-cycle GHG emission assessment unveiling research opportunities

While wet waste hydrothermal liquefaction technology has a high biofuel yield, a significant amount of the carbon and nitrogen in the feedstock reports to the aqueous-phase product. Pretreatment of this stream before sending to a conventional wastewater plant is essential or at the very least, advisable. In this work, techno-economic and life-cycle assessments were conducted for the state-of-technology baseline and four aqueous-phase product treatment and monetization options based on experimental data. Further, these options can cut minimum fuel selling prices by up to 13 % and life-cycle greenhouse gas emissions by up to 39 % compared to the baseline. These findings highlight the substantial influence of aqueous produce treatment strategies on the entire wet waste hydrothermal liquefaction process, demonstrating the potential for optimizing economic viability and environmental impact through further research and development of milder treatment methods and diversified by-product valorization pathways.

09 BIOMASS FUELS↗

Comparative techno-economic assessment of osmotically-assisted reverse osmosis and batch-operated vacuum-air-gap membrane distillation for high-salinity water desalination

New developments in pressure- and thermally driven membrane desalination technologies offer the potential to cost-effectively treat high-salinity waters, especially when powered by low-cost solar electricity and thermal energy. This paper presents a comparative techno-economic assessment of the state-of-the-art most promising pressure- and thermally driven membrane technologies for high recovery desalination, namely, osmotically-assisted reverse osmosis (OARO) and batch-operated vacuum-air-gap membrane distillation (batch V-AGMD), to produce potable water while concentrating brine within the range of 140–290 g/L TDS for minimum-liquid-discharge (MLD) and zero-liquid-discharge (ZLD) applications. It is shown that both OARO and batch V-AGMD can treat feedwater and brines with TDS in the range of 30–125 g/L with corresponding fresh water recovery rates of 85–25%. When low cost solar electricity and thermal energy are used, the resulting levelized cost of water (LCOW) from OARO is in the range of 0.70–6.28 $/m 3 , and that from batch-V-AGMD is in the range of 1.74–2.77 $/m 3 . OARO is more cost-effective than batch V-AGMD when feedwater salinity is below 70 g/L and recovery below 75%, whereas batch V-AGMD is more cost-effective at higher recovery rates and salinity levels. Finally, the sensitivity of this comparison on energy prices and module costs is discussed.

42 ENGINEERING↗

Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis

The energy economy is continually evolving in response to socio-political factors in the nature of primary energy sources, their conversions to useful forms, such as electricity and heat, and their utilization in different sectors. Nuclear energy has a crucial role to play in the evolution of energy economy due to its clean and non-carbon-emitting characteristics. A techno-economic analysis was undertaken to establish the viability of selling heat along with electricity for an advanced 100 MWth small modular reactor (SMR) and four nuclear hybrid energy system (NHES) configurations featuring the SMR paired with chemical heat pump (ChHP) systems providing a thermal output ranging from 1 to 50 MWth. Net present value, payback period, discounted cash flow rate of return, and levelized cost of energy were evaluated for these systems for different regions of U.S. reflecting a range of electricity and thermal energy costs. The analysis indicated that selling heat to high temperature industrial processes showed profitable outcomes compared to the sale of only electricity. Higher carbon taxes improved the economic parameters of the NHES alternatives significantly. Providing heat to high temperature industries could be very beneficial, helping to cut down the greenhouse gases emission by reducing the fossil fuel consumption.

Gupta, Aman↗

Techno-Economic Assessment of Residential Heat Pump Integrated with Thermal Energy Storage

Phase change material (PCM)-based thermal energy storage (TES) can provide energy and cost savings and peak demand reduction benefits for grid-interactive residential buildings. Researchers established that these benefits vary greatly depending on the PCM phase change temperature (PCT), total TES storage capacity, system configuration and location and climate of the building. In this study, preliminary techno-economic performance is reported for a novel heat pump (HP)-integrated TES system using an idealized approach. A simplified HP-TES was modeled for 1 year of space heating and cooling loads for a residential building in three different climates in the United States. The vapor compression system of the HP was modified to integrate with TES, and all heat transfer to and from the TES was mediated by the HP. A single PCM was used for heating and cooling, and the PCT and TES capacity were varied to observe their effects on the building’s energy consumption, peak load shifting and cost savings. The maximum reduction in electric consumption, utility cost and peak electric demand were achieved at a PCT of 30 °C for New York City and 20 °C for Houston and Birmingham. Peak energy consumption in Houston, New York City, and Birmingham was reduced by 47%, 53%, and 70%, respectively, by shifting peak load using a time-of-use utility schedule. TES with 170 MJ storage capacity allowed for maximum demand shift from on-peak to off-peak hours, with diminishing returns once the TES capacity equaled the daily building thermal loads experienced during the most extreme ambient conditions.

25 ENERGY STORAGE↗