Energy Conversion and Management: X (Jul 2024)
P2M systems based on proton-conducting solid oxide cells: Future prospects and costs of renewable methanol production
Abstract
As consequence of the transition towards sustainable energy sources, the future production of liquid energy carriers (e.g. methanol) via H2 supply pathways utilizing water electrolyzers (power-to-liquid) will most likely be based on fluctuating grid electricity or islanded renewable inputs. As a result, these production processes are subject to fluctuating operating conditions and varying production capacities, ultimately leading to uncertainties with respect to their process economics and profitability. Therefore, the impact of different electricity supply-side scenarios (static grid and intermittent grid or renewable supply) on the production economics of power-to-liquid processes needs to be assessed thoroughly for the upcoming decades. Methanol is considered as an essential base chemical which is widely known for its versatility and broad potential use contexts in future chemical industries and energy storage applications. Methanol production pathways powered by renewable electricity sources, also known as power-to-methanol processes, are characterized by low specific life-cycle emissions and are therefore of paramount interest. One possible renewable process chain features proton-conducting high temperature electrolyzers combined with a direct hydrogenation of CO2. In this paper, a techno-economic forecast study of this process chain is presented and specific production costs of renewable methanol under different electricity supply scenarios are determined and discussed for the years 2030 and 2050. The studies showed that flexible grid-supported scenarios through direct spot-market participation and renewable scenarios based on wind onshore production enable the largest production cost reduction potential in the upcoming decades. Minimum production costs of 740 € t−1MeOH (2030) and 415 € t−1MeOH (2050) are determined for a flexible operation of the system with spot-market participation, benefitting from times of low or even negative electricity prices. Among the renewable production scenarios, islanded power-to-methanol systems coupled to wind onshore plants were identified as the most beneficial configuration with ascertained production costs as low as 820 € t−1MeOH and 353 € t−1MeOH by 2030 and 2050, respectively.
