Economic Evaluation of Renewable Hydrogen Integration into Steelworks for the Production of Methanol and Methane
Bampaou M, Panopoulos K, Seferlis P, Sasiain A, Haag S, Wolf-Zoellner P, Lehner M, Rog L, Rompalski P, Kolb S, Kieberger N, Dettori S, Matino I, Colla V (2022)
Publication Type: Journal article
Publication year: 2022
Journal
Book Volume: 15
Journal Issue: 13
DOI: 10.3390/en15134650
Abstract
This work investigates the cost-efficient integration of renewable hydrogen into steelworks for the production of methane and methanol as an efficient way to decarbonize the steel industry. Three case studies that utilize a mixture of steelworks off-gases (blast furnace gas, coke oven gas, and basic oxygen furnace gas), which differ on the amount of used off-gases as well as on the end product (methane and/or methanol), are analyzed and evaluated in terms of their economic performance. The most influential cost factors are identified and sensitivity analyses are conducted for different operating and economic parameters. Renewable hydrogen produced by PEM electrolysis is the most expensive component in this scheme and responsible for over 80% of the total costs. Progress in the hydrogen economy (lower electrolyzer capital costs, improved electrolyzer efficiency, and lower electricity prices) is necessary to establish this technology in the future.
Authors with CRIS profile
Involved external institutions
Università degli Studi di Ferrara
Italy (IT)
voestalpine Stahl GmbH
Austria (AT)
Central Mining Institute / Główny Instytut Górnictwa (GIG)
Poland (PL)
Montanuniversität Leoben
Austria (AT)
Air Liquide Forschung und Entwicklung GmbH
Germany (DE)
K1-Met GmbH
Austria (AT)
Centre for Research and Technology Hellas (CERTH) / Ethniko Kentro Erevnas Kai Technologikis Anaptyxis
Greece (GR)
Italy (IT)
voestalpine Stahl GmbH
Austria (AT)
Central Mining Institute / Główny Instytut Górnictwa (GIG)
Poland (PL)
Montanuniversität Leoben
Austria (AT)
Air Liquide Forschung und Entwicklung GmbH
Germany (DE)
K1-Met GmbH
Austria (AT)
Centre for Research and Technology Hellas (CERTH) / Ethniko Kentro Erevnas Kai Technologikis Anaptyxis
Greece (GR)
How to cite
APA:
Bampaou, M., Panopoulos, K., Seferlis, P., Sasiain, A., Haag, S., Wolf-Zoellner, P.,... Colla, V. (2022). Economic Evaluation of Renewable Hydrogen Integration into Steelworks for the Production of Methanol and Methane. Energies, 15(13). https://dx.doi.org/10.3390/en15134650
MLA:
Bampaou, Michael, et al. "Economic Evaluation of Renewable Hydrogen Integration into Steelworks for the Production of Methanol and Methane." Energies 15.13 (2022).
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