(365c) Techno-Economic and Sensitivity Analysis of Aromatic and Alkene Production from Lignin Via Fast Pyrolysis and Catalytic Upgrading Coupled with Ethanol Production.
AIChE Annual Meeting
2021
2021 Annual Meeting
Sustainable Engineering Forum
Biofuels Production: Design, Simulation, and Economic Analysis
Tuesday, November 9, 2021 - 4:00pm to 4:15pm
The techno-economic analysis (TEA) combines the biochemical process of ethanol production with the thermochemical process of upgrading lignin to chemicals. Based on the combination of various economic parameters, historical market prices, plant life of 30 years, and a 2000 MTPD input biorefinery, capital costs for a 61 million gallon per year (MGPY) cellulosic ethanol plant is estimated at $401 million (MM) while equipment costs were estimated to be $214 MM. The pyrolysis and catalytic upgrading process account for 22% of the total capital costs. TEA shows that the upgrading of lignin into aromatics, alkenes, and alkanes and selling them as by-products can reduce the selling price of cellulosic ethanol by $1.67-2.02/gallon as compared to when lignin is used as power ($2.20/gallon). Sensitivity analysis shows that the minimum selling price of ethanol is highly sensitive to the price of aromatics, operating hours, and capital costs as compared to other operating parameters such as fuel and char output.