Global production potential of green methanol based on variable renewable electricity
Mahdi Fasihi, Christian Breyer
Abstract
The production cost of green methanol from renewable electricity-based hydrogen and atmospheric carbon dioxide could reach market prices by 2040, making it a potential solution for defossilisation of the global chemical industry and marine transport.
Topics & Concepts
Renewable energyElectricityProduction (economics)MethanolEnvironmental scienceCarbon dioxideNatural resource economicsElectricity generationEnvironmental economicsBusinessChemistryEconomicsEngineeringPower (physics)MicroeconomicsElectrical engineeringPhysicsOrganic chemistryQuantum mechanicsCatalysts for Methane ReformingHybrid Renewable Energy SystemsCarbon Dioxide Capture Technologies