United States
Multiperiod Modeling and Optimization of Hydrogen-Based Dense Energy Carrier Supply Chains
Feb 2024
Publication
The production of hydrogen-based dense energy carriers (DECs) has been proposed as a combined solution for the storage and dispatch of power generated through intermittent renewables. Frameworks that model and optimize the production storage and dispatch of generated energy are important for data-driven decision making in the energy systems space. The proposed multiperiod framework considers the evolution of technology costs under different levels of promotion through research and targeted policies using the year 2021 as a baseline. Furthermore carbon credits are included as proposed by the 45Q tax amendment for the capture sequestration and utilization of carbon. The implementation of the mixed-integer linear programming (MILP) framework is illustrated through computational case studies to meet set hydrogen demands. The trade-offs between different technology pathways and contributions to system expenditure are elucidated and promising configurations and technology niches are identified. It is found that while carbon credits can subsidize carbon capture utilization and sequestration (CCUS) pathways substantial reductions in the cost of novel processes are needed to compete with extant technology pathways. Further research and policy push can reduce the levelized cost of hydrogen (LCOH) by upwards of 2 USD/kg.
The Role of LNG in the Transition Toward Low- and Zero-carbon Shipping
Apr 2021
Publication
Due to its much lower air pollution and potential greenhouse gas (GHG) emissions benefits liquefied natural gas (LNG) is frequently discussed as a fuel pathway towards greener maritime transport. While LNG’s air quality improvements are undeniable there is debate within the sector as to what extent LNG may be able to contribute to decarbonizing shipping. This report “The Role of LNG in the Transition Toward Low- and Zero-Carbon Shipping” considers the potential of LNG to play either a transitional role in which existing LNG infrastructure and vessels could continue to be used with compatible zero-carbon bunker fuels after 2030 or a temporary one in which LNG would be rapidly supplanted by zero-carbon alternatives from 2030. Over concerns about methane leakage which could diminish or even offset any GHG benefits associated with LNG and additional capital expenditures the risk of stranded assets as well as a technology lock-in the report concludes that LNG is unlikely to play a significant role in decarbonizing maritime transport. Instead the research finds that LNG is likely to only be used in niche shipping applications or in its non-liquefied form as a feedstock to kickstart the production of zero-carbon bunker fuels when used in conjunction with carbon capture and storage technology. The research further suggests that new public policy in support of LNG as a bunker fuel should be avoided existing policy support should be reconsidered and methane emissions should be regulated.
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