Proceedings of the Ironmaking, Iron Ore and Agglomeration Seminars


ISSN 2594-357X

Title

GAS BASED INDUSTRIAL CLUSTER FOR PRODUCTION OF DRI, STEEL, METHANOL AND CARBON BLACK; THE TECHNICAL AND ECONOMIC EFFECTS OF NATURAL GAS WITH HIGH CO2 CONTENT

GAS BASED INDUSTRIAL CLUSTER FOR PRODUCTION OF DRI, STEEL, METHANOL AND CARBON BLACK; THE TECHNICAL AND ECONOMIC EFFECTS OF NATURAL GAS WITH HIGH CO2 CONTENT

DOI

10.5151/2594-357X-22724

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Abstract

In this paper the economic and technical effects of using CO2 rich natural gas in an industrial cluster are analyzed. The basis for the work is a technical-economic description the processes in the different plants. A mathematical model is established that enable analysis and optimization of design and operation of the industrial cluster. The model maximizes the net present value of the available investment possibilities and optimizes the resulting operational opportunities. The candidate plants considered in this case study are; a DRI plant, a steel plant (EAF), a methanol plant, a carbon black plant, a combined cycle power plant and a carbon capture facility. Norway is used as a case study region due to the political ambitions of increasing domestic use of natural gas to achieve a higher level of innovation and industrial development. Several scenarios are analyzed, and the main findings from this case study are that there could be both environmental and economic benefits by using a CO2 rich gas (typical 8%-10% CO2) in an integrated industrial cluster.

 

In this paper the economic and technical effects of using CO2 rich natural gas in an industrial cluster are analyzed. The basis for the work is a technical-economic description the processes in the different plants. A mathematical model is established that enable analysis and optimization of design and operation of the industrial cluster. The model maximizes the net present value of the available investment possibilities and optimizes the resulting operational opportunities. The candidate plants considered in this case study are; a DRI plant, a steel plant (EAF), a methanol plant, a carbon black plant, a combined cycle power plant and a carbon capture facility. Norway is used as a case study region due to the political ambitions of increasing domestic use of natural gas to achieve a higher level of innovation and industrial development. Several scenarios are analyzed, and the main findings from this case study are that there could be both environmental and economic benefits by using a CO2 rich gas (typical 8%-10% CO2) in an integrated industrial cluster.

Keywords

Industrial cluster; DRI (direct reduced iron); Steelmaking; Methanol.

Industrial cluster; DRI (direct reduced iron); Steelmaking; Methanol.

How to refer

Kolbeinsen, Leiv; Nørstebø, Vibeke Stærkebye; Midthun, Kjetil Trovik; Bjørkvoll, Thor Harald; Ødegård, Jack. GAS BASED INDUSTRIAL CLUSTER FOR PRODUCTION OF DRI, STEEL, METHANOL AND CARBON BLACK; THE TECHNICAL AND ECONOMIC EFFECTS OF NATURAL GAS WITH HIGH CO2 CONTENT , p. 2857-2869. In: 42º Seminário de Redução de Minério de Ferro e Matérias-primas / 13º Seminário Brasileiro de Minério de Ferro / 6th International Congress on the Science and Technology of Ironmaking, Rio de Jabeiro, 2012.
ISSN: 2594-357X , DOI 10.5151/2594-357X-22724