Techno-economic assessment of emerging CO2 electrolysis technologies
Magda H. Barecka, Joel W. Ager, Alexei A. Lapkin
Abstract
Recycling of waste CO2 to bulk chemicals has a tremendous potential for the decarbonization of the chemical industry. Quantitative analysis of the prospects of this technology is hindered by the lack of flexible techno-economic assessment (TEA) models that enable evaluation of the processing costs under different deployment scenarios. In this protocol, we explain how to convert literature data into metrics useful for evaluation of the emerging electrolysis technologies, derive TEA models, and illustrate their use with a CO2-to-ethylene example. For complete details on the use and execution of this protocol, please refer to Barecka et al. (2021a).
Topics & Concepts
Protocol (science)Software deploymentEmerging technologiesComputer scienceElectrolysisEnvironmental economicsRisk analysis (engineering)Biochemical engineeringEngineeringBusinessEconomicsChemistrySoftware engineeringPhysical chemistryAlternative medicinePathologyArtificial intelligenceElectrolyteMedicineElectrodeCO2 Reduction Techniques and CatalystsCarbon dioxide utilization in catalysisCarbon Dioxide Capture Technologies