THE TECHNO-ECONOMIC VIABILITY OF POWER-TO-X TECHNOLOGIES: An assessment of the techno economic viability of a PtX plant and the GHG emission reductions by a PtX plant.
Author
Bloch, Michael Clemens
Term
4. Term
Publication year
2021
Submitted on
2021-06-04
Pages
75
Abstract
This study examines to what extent Power-to-X (PtX) can be techno-economically viable alongside the offshore wind farms planned for the North Sea by 2030, and what benefits PtX could offer for reducing greenhouse gas emissions. PtX converts electricity into other energy carriers, such as hydrogen or synthetic fuels. The research uses an abductive approach: it develops a hypothesis informed by theories of path dependency and institutional change, then combines it with objective evidence from multiple scenarios modeled and tested under different assumptions and constraints. Based on this, the study assesses the techno-economic viability and potential greenhouse gas reductions of a proposed PtX plant, and explores ways to make the plant more techno-economically viable.
Dette studie undersøger, i hvilket omfang Power-to-X (PtX) kan være teknisk og økonomisk levedygtig sammen med de havvindparker i Nordsøen, der planlægges frem mod 2030, og hvilke fordele PtX kan give for at reducere drivhusgasudledninger. PtX omdanner elektricitet til andre energibærere, for eksempel brint eller syntetiske brændsler. Undersøgelsen anvender en abduktiv forskningsmetode: Der udvikles en hypotese baseret på teorier om sti-afhængighed og institutionel forandring, som kombineres med objektive målinger gennem flere scenarier, der modelleres og testes under forskellige forudsætninger og begrænsninger. På den baggrund vurderes den teknøkonomiske levedygtighed og de mulige reduktioner i drivhusgasudledninger for et foreslået PtX-anlæg. Studiet undersøger desuden mulige tilgange til at gøre anlægget mere teknøkonomisk levedygtigt.
[This apstract has been rewritten with the help of AI based on the project's original abstract]
Keywords
Power-To-X ; PtX ; Methanol ; Economics ; Climate