Exergy and economic analyses of indirect coal-to-liquid technology coupling carbon capture and storage

Abstract

Coal-to-liquids (CTL) technology has been developed steadily for producing gasoline and diesel fuels as the demand for energy security issue and liquid fuels in China outpaces production capacities. In this light, given the importance of CO2 emissions in climate change, carbon dioxide capture and storage (CCS) is considered as an integral part of CTL processes. In this study, CTL coupling with CCS technology (CTL-CCS) were simulated using the Aspen Plus software. Based on it, this study conducted exergy and economic analyses to the CTL-CCS system for five different coal types, including anthracite, meager, lean, coking and gas. Results show that the exergy utilization ratios ranged from 40.3% to 43.7%, revealing only a limited effect of the choice of coal type; although anthracite, meager, and gas coal were marginally better. Results also indicate the largest sources of exergy loss to be firstly from gas generation and secondly from the combined process of synthesis and separation. The economic analysis compared the cost, net present value, internal rate of return, and payback period. The cost of liquid fuel produced by CTL-CCS system was in the range from 4117 to 5627 yuan RMB/t, indicating economic feasibility. The system using lean coal revealed the best economic performance, while those using coking coal and gas coal were the second best performers. This research suggests that gas coal can achieve relatively reasonable values for both the exergy utilization ratio and cost in comparison to other coal types processed through a coupled CTL-CCS system.