Techno-economic Evaluation of Carbon Capture Plant with ...

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Techno-economic Evaluation of Carbon Capture Plant with AspenTech Performance Engineering Solutions VIRTUAL FORUM : Operational Excellence Forum for Chemicals October 12, 2021 Simuarts Corporation

Transcript of Techno-economic Evaluation of Carbon Capture Plant with ...

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Techno-economic Evaluation of Carbon Capture Plant with AspenTech

Performance Engineering SolutionsVIRTUAL FORUM : Operational Excellence Forum for Chemicals

October 12, 2021

Simuarts Corporation

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Company Overview & Bio

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Who are we? – Simuarts Corporation

• Foundation : October 2019

• Number of employee : 3 (as of July 29)

• Address : 1-2-1 Kinshi, 14F Arca Central, Sumida-Ku, Tokyo, 130-0013, Japan

• E-mail : [email protected], [email protected]

• URL : https://simuarts.co.jp/en

10/5/2021 3

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Who am I? Masanobu Hara

10/5/2021

• 2019 - Simuarts Corporation

Founder and President

• 2013- McKinsey & Company Incorporated, Japan Office

Engagement Manager

• 1996- Aspen Technology, Inc. Japan Office

Director, Business Consulting, Engineering, Asia-Pacific

• 1986- Kyowa Hakko Kogyo Co., Ltd

Senior Process Engineer

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Our Services

• AspenTech Partner Business• Value Added Reseller (February 2020 - )

• Implementation Service Provider (Engineering Solution, February 2020 - )

• Training Service Partner (Engineering Solution, March 2020 -)

• Technical Consulting for process development (Literature search, Experimental design, Data analysis)

• Process Conceptual Design Consulting (M/B, H/B, etc.)

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Experience – Carbon Capture modeling and evaluation

Topic Tool

CO2 recovery and separation process with newly

developed amine solution

Aspen Plus

CO2 conversion process AspenPlus, Aspen Custom Modeler

CO2 conversion process with Chemical Looping Aspen Custom Modeler

Methanol Production from syngas Aspen Plus, Aspen Custom Modeler

CO2 recovery with Pressure Swing Adsorption Aspen Adsorption, Aspen Custom Modeler

CO2 separation and recovery with solid adsorbent Aspen Custom Modeler

Development of physical property package and

economic evaluation for newly developed amines

Aspen Plus, Aspen Process Economic Analyzer

CO2 separation and recovery process with membrane Aspen Custom Modeler

Direct Air Capture (on-going) Aspen Plus/Dynamics, Aspen Process Economic

Analyzer

CO2 separation and Methanol Production (on-going) Aspen Plus, Aspen Process Economic Analyzer

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Techno-economic Evaluation of Carbon Capture Plant- Our practice -

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CO2 separation and recovery

Gas Absorption

AdsorptionChemical Looping

Cryogenic Membrane

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Typical Carbon Capture Technologies

• Chemical Solvent

• Physical Solvent

• PSA

• TSA

• TVSA

• Fe

• Cu

• Air Separation

• Cryogenic CO2

separation

• Polymer

• Ceramic

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CO2 separation and recovery

Gas absorption Adsorption Chemical Looping Cryogenic Mambrane

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Carbon Capture Options and Aspen Performance Engineering Solution

• Aspen Plus

• Rate Based Distillation

• Aspen EDR

• Aspen Adsorption

• Aspen Plus

• Aspen HYSYS

• Aspen Custom Modeler

• Aspen EDR

• Aspen Plus

• Aspen HYSYS

• Aspen EDR

• Aspen Custom Modeler

• Aspen Plus

• Aspen HYSYS

• Aspen EDR

• Select appropriate tools depend on your target process

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Techno-Economic Evaluation Procedure

Technical Performance

EvaluationCost Evaluation CO2 Recovery Cost

CO2 Recovery, CO2 Purity

Material/Heat Balance

Operating Cost(OPEX)

CO2 emission (Avoided)

Equipment Cost,

Installation, etc.

Capital Cost (CAPEX)

CO2 Recovery Cost

xxx$/kg-CO2

• Aspen Plus

• Aspen HYSYS

• Rate Based Distillation

• Aspen Custom Modeler

• Aspen Adsorption

• Aspen EDR

• Aspen Process Economic Analyzer

• Aspen Capital Cost Estimator

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How it Works?(Demonstration)

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Demonstration Workflow

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Tuning Evaluation (Modify Material, project cost options etc.)

Economic Evaluation

Mapping Sizing Evaluation

Cost Base Setup for Economic Evaluation

Operation Cost(Utility) Project Cost Options

Build Aspen Plus Model (CO2 recovery process with MEA solution)

Sizing absorber / stripper Convert to Rate Based Distillation

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Customer Case – DAC(Direct Air Capture):DAC process utilizing LNG cold heat

• Proprietary amine solution

• Low-pressure regeneration (Pressure swing)

• Utilize LNG cold heat to purify recovered CO2➢ Aspen Plus

➢ Rate Based Distillation

➢ Aspen Process Economic Analyzer

➢ Aspen Plus Dynamics

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AbsorberRegenerator CO2 Sublimation

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Thank you!

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