ZHANG Yuanyuan, WANG Yonggang, TIAN Yajun, et al. Techno-economic analysis method of coal to olefins process with market uncertainty[J]. CIESC Journal, 2017, (11): 4288-4300.
DOI:
ZHANG Yuanyuan, WANG Yonggang, TIAN Yajun, et al. Techno-economic analysis method of coal to olefins process with market uncertainty[J]. CIESC Journal, 2017, (11): 4288-4300.DOI: 10.11949/j.issn.0438-1157.20170158.
Techno-economic analysis method of coal to olefins process with market uncertainty
A techno-economic analysis method for modern coal chemical projects under the condition of market uncertainty was established. With financial internal rate of return
payback period of investment
financial net present value
after-tax profits and the CO2 emissions per unit of after-tax profit of coal to olefins investment project as the main objective indicators
and with polyolefin price
coal price
construction investment and carbon tax rate as four variables characterizing market uncertainty
the techno-economic analysis models of coal to olefins were established. Based on these models
the surface graphs and contour graphs of the simulated equations were drew. The sensitivity and uncertainty analysis were further carried out. Sensitivity analysis shows that the influence of polyolefin price and coal price changes on each objective indicator is most remarkable. The economy of coal to olefins technology and the influence of various risk factors on the objective indicators under the condition of market uncertainty were quantitatively analyzed using the Monte Carlo simulation method. The results show that coal to olefins project is still profitable under the condition of market downturn
New universal corresponding state equation for correlation and extrapolation of saturated vapor-liquid density
Thermal management modeling and decoupling control design and optimization for PEM electrolytic hydrogen production system
Optimization method of coal-based cooling, heating and power co-generation
General deep learning modeling framework for molecular physicochemical properties based on chemical language
An EMMS drag model for simultaneously predicting gas-solid and solid-solid drag forces in binary gas-solid flows
Related Author
QING Kang
WANG Erqi
YANG Zhen
DUAN Yuanyuan
LIANG Danxi
ZU Yanmin
SONG Jie
KE Shaojie
Related Institution
Key Laboratory for Thermal Science and Power Engineering of Ministry of Education,Beijing Key Laboratory of CO2 Utilization and Reduction Technology, Tsinghua University
Southwest United Graduate School
School of Energy Power and Mechanical Engineering, North China Electric Power University
China Electric Power Research Institute Co., Ltd.
School of Chemical Engineering and Technology, Xi’an Jiaotong University