Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Conduct a simple technoeconomic analysis (TEA) on an idealized process as shown in the Process Flow schematic below. The process consists of a novel reactor
Conduct a simple technoeconomic analysis (TEA) on an idealized process as shown in the Process Flow schematic below. The process consists of a novel reactor technology which converts a raw material, A, to a product, B, with a stoichiometric ratio of 1:1 ( 1mol of A converts to 1mol of B ). The product B is purified 1) (50 points) Using the financial model parameters and system base case parameters given in the tables above, create an Excel spreadsheet for a TEA for this process using a cash flow analysis table. Carefully label every column and row in the cash flow analysis table. Also, organize and label all independent and dependent parameters for the process flow used to calculate the values in the cash flow analysis table. You may assume the operating and maintenance incurred is an annual percentage of the total Year 0 CapEx (but still adjust for inflation). Replacement costs are a percentage of the reactor CapEx before accounting for installation and indirect expenses, and do not require additional install or indirect costs. Also assume that non-product stream from the separator is waste and the unreacted A cannot be recycled. Conduct a simple technoeconomic analysis (TEA) on an idealized process as shown in the Process Flow schematic below. The process consists of a novel reactor technology which converts a raw material, A, to a product, B, with a stoichiometric ratio of 1:1 ( 1mol of A converts to 1mol of B ). The product B is purified 1) (50 points) Using the financial model parameters and system base case parameters given in the tables above, create an Excel spreadsheet for a TEA for this process using a cash flow analysis table. Carefully label every column and row in the cash flow analysis table. Also, organize and label all independent and dependent parameters for the process flow used to calculate the values in the cash flow analysis table. You may assume the operating and maintenance incurred is an annual percentage of the total Year 0 CapEx (but still adjust for inflation). Replacement costs are a percentage of the reactor CapEx before accounting for installation and indirect expenses, and do not require additional install or indirect costs. Also assume that non-product stream from the separator is waste and the unreacted A cannot be recycled
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started