TY - JOUR
T1 - Economic Analysis Between Diesel and SOFC Electricity via Fusion-Biomass Hybrid Model
AU - Nam, Hoseok
AU - Kasada, Ryuta
AU - Konishi, Satoshi
N1 - Publisher Copyright:
© 2018, Springer Science+Business Media, LLC, part of Springer Nature.
PY - 2018/12/1
Y1 - 2018/12/1
N2 - The fusion-biomass hybrid model system, which takes waste biomass from municipal and agricultural areas as well as forests as feedstock, produces either diesel through the Fischer–Tropsch (FT) reaction or electricity by the solid oxide fuel cell (SOFC). This system produces synthesis gas by endothermic pyrolytic gasification using high temperature fusion heat. A temperature of over 700 °C of exterior thermal heat from the fusion reactors with a duel cooled lithium lead blanket and its technical extension bring about biomass gasification to produce maximum amounts of chemical energy and synthetic gas, from feedstock. First, synthetic gas that contains hydrogen (H2) and carbon monoxide (CO) can be converted into artificial diesel (–CH2–), which is regarded as “carbon–neutral”. The other is to generate electricity by putting synthetic gas into SOFC at various scales, not only at the plant scale but also at the residential scale. This paper aims to conduct an economic analysis of the fusion-biomass hybrid model by comparing diesel and SOFC electricity under the assumption of the investment of a biomass plant with an FT reaction facility and one with SOFC. A sensitivity analysis is performed applying diesel price, electricity price, SOFC efficiency, diesel subsidy, and fusion heat cost. These results can help in targeting which products are economically justified in the circumstances of variable environmental policies under different policies and economic situations, which would have a significant impact on commercial fusion designing.
AB - The fusion-biomass hybrid model system, which takes waste biomass from municipal and agricultural areas as well as forests as feedstock, produces either diesel through the Fischer–Tropsch (FT) reaction or electricity by the solid oxide fuel cell (SOFC). This system produces synthesis gas by endothermic pyrolytic gasification using high temperature fusion heat. A temperature of over 700 °C of exterior thermal heat from the fusion reactors with a duel cooled lithium lead blanket and its technical extension bring about biomass gasification to produce maximum amounts of chemical energy and synthetic gas, from feedstock. First, synthetic gas that contains hydrogen (H2) and carbon monoxide (CO) can be converted into artificial diesel (–CH2–), which is regarded as “carbon–neutral”. The other is to generate electricity by putting synthetic gas into SOFC at various scales, not only at the plant scale but also at the residential scale. This paper aims to conduct an economic analysis of the fusion-biomass hybrid model by comparing diesel and SOFC electricity under the assumption of the investment of a biomass plant with an FT reaction facility and one with SOFC. A sensitivity analysis is performed applying diesel price, electricity price, SOFC efficiency, diesel subsidy, and fusion heat cost. These results can help in targeting which products are economically justified in the circumstances of variable environmental policies under different policies and economic situations, which would have a significant impact on commercial fusion designing.
KW - Biomass gasification
KW - Diesel
KW - Economic analysis
KW - Hydrogen
KW - Nuclear fusion
KW - System dynamics
UR - http://www.scopus.com/inward/record.url?scp=85054416700&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85054416700&partnerID=8YFLogxK
U2 - 10.1007/s10894-018-0192-z
DO - 10.1007/s10894-018-0192-z
M3 - Article
AN - SCOPUS:85054416700
SN - 0164-0313
VL - 37
SP - 333
EP - 345
JO - Journal of Fusion Energy
JF - Journal of Fusion Energy
IS - 6
ER -