ScholarlyCommons (University of Pennsylvania) · 2016 · 19 citations · 6 references
Open access
EngineeringBiomolecular EngineeringChemical EngineeringBiochemical EngineeringBioprocess EngineeringIndustrial ChemistryProcess EconomicsProduction OptimizationCapital Investment AnalysisHigh-purity ProductionMixed Ionic-electronic ConductionMixed Ionic-electronic ConductivityMixed Ionic-electronic ConductorsOperating ConditionsOptimization Of Operating ConditionsOxygen Removal
This project evaluates the potential of new, mixed ionic-electronic conducting (MIEC) materials in the production of high-purity oxygen. Analyzing today’s proven MIEC properties, we design an optimized process for the production of oxygen at 30 metric tons/day. This report includes a detailed model of MIECs performance in a vacuum swing adsorption system. A sensitivity analysis is also included, which is used to optimize the operating conditions and other design variables. Based on an oxygen selling price of $40 per ton, the realized process would operate at a loss in today’s economy. The total capital investment of the plant is $1.1 million and the expected NPV of the project is a loss of $87,000. The estimated IRR of the project is -28.08% and the 3-year ROI is -7.4%. Breakeven would occur at a price of $56.70.
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Adsorbents: fundamentals and applications
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Hyoungjeen Jeen, Woo Seok Choi, J. W. Freeland et al. · Advanced Materials · 2013 · 260 citations · Full text
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Evaluation of a Molten Salt Heat Transfer Fluid in a Parabolic Trough Solar Field
David Kearney, Ulf Herrmann, P. Nava et al. · Solar Energy · 2002 · 42 citations