Eco-Techno-Economic Analysis of Methanol Production from Biogas and Power-to-X

Abstract

Methanol is a key ingredient for the chemical industry. To foster the transition into carbon-neutral future, it would be of great interest to reduce the fossil carbon footprint of the methanol production by investigating alternative synthesis routes. A potential way to produce methanol in a sustainable manner is to utilize biogas, which is a carbon-neutral feedstock. However, it is challenging to provide enough biogas to large-scale plants. For this reason, we investigate in this paper the possibility of producing methanol in small-scale decentralized plants. We analyzed the techno-economic-environmental performance of the downscaling of the standard methanol production via steam reforming and compared it with the novel synthesis via direct CO2 hydrogenation with green H2. We observed that, with cheap electricity and high methanol value, these processes are both profitable, with a slight advantage for the steam-reforming route. Additionally, the direct CO2 hydrogenation route can be improved by developing tailor-made less costly equipment, thus showing a potential for application in an energy storage context (i.e., with extremely cheap electricity). We also observed that the use of biomethane as feedstock for centralized methanol production shows a similar performance as the localized methanol synthesis due to the high cost of the raw material. Therefore, we can conclude that, with every technology analyzed, the shift toward a biogas-based methanol manufacture results in a more expensive product and that small-scale-localized production may play a role in the bio-based methanol supply.