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Article history: The PRICO process is a single mixed-refrigerant process used for small-scale LNG plants, including
Received 7 October 2014 offshore terminals. The working fluid (refrigerant) is a mixture of methane, ethane, butane and nitrogen.
Received in revised form The behavior of the mixture in processes such as cooling, heating, compression, evaporation and
5 February 2015
condensation depends on its composition and on the part of the chemical constituents of the mixture
Accepted 7 February 2015
that are in the gas and liquid phases. The state-of-the art for the evaluation and optimization of the
Available online xxx
PRICO process is discussed. Exergy-based analyses, i.e. exergetic, exergoeconomic and exergoenvir-
onmental analyses, are applied to the evaluation of the PRICO liquefaction process of natural gas. The
Keywords:
LNG
purpose of the paper is to identify options for improving the PRICO process and to demonstrate the
PRICO process application of exergy-based methods to the improvement of an LNG plant. The perspectives from the
Exergy analysis thermodynamic, economic and environmental impact points of view are discussed.
Exergoeconomic analysis © 2015 Elsevier B.V. All rights reserved.
Exergoenvironmental analysis
http://dx.doi.org/10.1016/j.jngse.2015.02.007
1875-5100/© 2015 Elsevier B.V. All rights reserved.
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
2 T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9
the PRICO process were reported. The authors demonstrated that discussed very briefly for the two study cases, in which the mixed
increasing the concentration of nitrogen within the mixed refrig- refrigerant is with and without pentane. Through the energetic
erant leads to an improvement in the heat-transfer characteristics optimization, the specific energy supply decreases by 3.12%. Again
of all heat exchangers. the same optimization procedure for the PRICO process was re-
An application of the gradient-free optimization-simulation ported by Wahl et al., 2013. The optimal composition of the mixed
method to processes modeled with the simulator Aspen HYSYS is refrigerant was a function of the composition of natural gas (so
reported by Aspelund et al., 2010. The PRICO process was selected called “lean natural gas” and “rich natural gas”). The heat-transfer
as an academic example for the optimization for two reasons: characteristics for the multi-flow heat exchanger are also dis-
Firstly this process is a simple LNG process with seven independent cussed. The main goal of the authors was to get the results of the
variables (selected by the authors). This number is too large for the optimization within a short period of execution time (5 min) in
optimization routine, but small enough to be optimized with an comparison with the optimization procedure discussed by
optimization-simulation tool. The second reason is that it is Aspelund et al., 2010 that required 12 h.
possible to verify the results by investigating the hot and cold Castillo and Dorao, 2012, discussed economic issues related to
composite curves. The paper focused on the number of iterations LNG processes. They reported the application of Decision-Making
required to get an optimal concentration of the mixed refrigerant. (using a Genetic Algorithm binary coding and Nash-GA) for the
Mokarizadeh Haghighi Shirazi and Mowla (2010) discussed the PRICO process. The LNG markets were also implemented in the
simulation of SMR concepts and the properties that are used in optimization of the PRICO process. Only relative economic data are
MATLAB to generate the objective function. A genetic algorithm was reported, for example, the cost of the multi-flow heat exchanger is
used for optimization. The energy consumption of the process was approximately 10e15% of the total investment cost and the cost
minimized. Depending on the concentration of the refrigerant, the associated with the compression process is always the dominating
specific energy consumption can be reduced from 1485 kJ/kgLNG to factor for all approaches used in the optimization.
1186.6 kJ/kgLNG or from 1126.7 kJ/kgLNG to 1092.4 kJ/kgLNG. The Khan et al., 2012 discussed the optimal composition of the
smaller values were taking from Lee, 2001 (as a reference publica- mixed refrigerant for the SMR process from the energetic point of
tion). The authors applied also an exergy analysis, in order to calcu- view, i.e. through the minimization of energy consumption for the
late the values of the exergy destruction within the components: compression process (from 1600 to 1528 kJ/kgLNG). The log mean
31% within both compressors, 33% e within both coolers, 27% e temperature difference within multi-flow heat exchanger is 7.8 K.
within the heat exchanger, and 9% - within the throttling valve. The SMR process was modeled in the UniSim Design simulator, and
Hiemann, 2011 conducted a detailed exergy analysis of the the model was optimized with nonlinear programming. The exergy
PRICO process. Here the approach “exergy of fuel/exergy of prod- analysis was implemented into the described optimization meth-
uct” has been used taking into account a splitting of the physical odology (Khan et al., 2013) and more complex mixed refrigerant
exergy into thermal and mechanical parts. Marmolejo-Correa and processes were optimized.
Gundersen, 2012 selected the PRICO process as an academic Heldt, 2011 developed and tested a mathematical model for
example to demonstrate the effect of using different approaches in control strategies, in order for the SMR processes to operate at
the exergy analysis (“inlet exergy/outlet exergy” versus “exergy of optimal conditions. High attention was given to the modeling of the
fuel/exergy of product” as well as splitting of the physical exergy multi-flow heat exchanger based on industrial experimental data.
into thermal and mechanical parts) on the obtained results. The The literature review for the evaluation of the PRICO (SMR)
authors assumed the operation conditions without necessarily a process shows that mainly energetic optimizations were discussed
reference to real plants. using different methods for the mathematical optimization and
Xu et al., 2013 reported the results of the optimization of the corresponding algorithms. Sometimes the selected method for
concentration of the refrigerant as a function of the inlet tempera- optimization and its improvement/robustness were more impor-
ture to the heat exchanger (263.15 K through 313.15 K). For the tant to the authors that the obtained results related to the PRICO
optimization, a genetic algorithm coupled with the process simu- process. The objective function of the optimization refers mainly to
lation software Aspen Plus has been used. The results show that the composition of the mixed refrigerant. An economic analysis is
when the ambient temperature increases, the concentrations of not very common for the evaluation of the PRICO liquefaction
methane, ethylene and propane should decrease, while the con- process, and environmental issues have not been discussed yet.
centration of isopentane should increase. In this way the overall The goal of this paper is to evaluate the PRICO process from the
exergetic efficiency can be increased from 30% (calculated by the exergetic, economic, and environmental viewpoints for a given
authors for the commercial concentration of the refrigerant) up to composition of the mixed refrigerant, in order to assist in devel-
39.6e42.3%. In this paper the exergetic efficiency is a function of COP oping an optimal strategy for designing and operating such a plant.
and of a “correlation factor”. In a follow-up paper (Xu et al., 2013),
the effect of concentration for each working fluid within the mixed 2. Exergy-based methods
refrigerant was investigated, in order to minimize the specific power
consumption (the value of 1003.6 kJ/kgLNG was reached), i.e. maxi- Exergy is defined as the maximum theoretical useful work (shaft
mize the values of COP and exergetic efficiency. The reported value of work or electrical work) obtainable from an energy conversion
COP ¼ 0.782 is surprisingly high in comparison with results reported system as this is brought into thermodynamic equilibrium with the
in other publications; however, the definition of COP is not given. thermodynamic environment while interacting only with this
The exergetic efficiency was calculated as 43.9%, which is in the environment (Tsatsaronis, 2007).
range of other available data for the PRICO process. The distribution An exergetic analysis identifies the location, magnitude, and cau-
of the exergy destruction within the components is as follows: ses of thermodynamic inefficiencies, which are the exergy destruction
36% within both compressors, 27% e within both coolers, 26% e (due to irreversibilities within each system component), and the
within the heat exchanger, and 11% - within the throttling valve. exergy loss (exergy transfer to the environment). In an exergetic
Sequential quadratic programming was also applied to the analysis, we calculate the exergy associated with each energy carrier
optimization of the PRICO process (Morin A. et al., 2011). The (stream) in the overall system, the exergy destruction within each
research focused on the method used for optimization. The opti- system component and process, and the exergetic efficiency (for each
mization results related to the liquefaction process itself were process, component, or system) (for example, Bejan et al., 1996).
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9 3
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
4 T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9
To account for pollutant formation within the k th component, Inlet characteristics of natural gas: T8 ¼ 38 С and p8 ¼ 67 bar
PF PF
the variable B_ k is used (Boyano et al., 2012). The term B_ k is zero (Venkatarathnam, 2008)
when no pollutants are formed within a process, i.e. for processes The pressure drop within the heat exchanger is 3 bar for all three
without a chemical reaction such as compression, expansion, heat streams
transfer, etc. The minimum temperature difference within the cooler and the
The environmental impact associated with the exergy destruc- condenser is 3 K
tion within the kth component B_ D;k is given by The isentropic efficiency for both compressors is assumed to be
equal to 80%
B_ D;k ¼ bF;k E_ D;k (13) The compositions of refrigerant and natural gas are given in
Table 1. Note that n- butane is lumped with butane.
and within the overall system by
X The simulation data are given in Tables 2 and 3.
B_ D;tot ¼ bF;tot $ E_ D;k (14)
The purpose of this paper is to evaluate the PRICO process,
To identify the most important components from the viewpoint therefore the drivers for the compressors have not been considered
of formation of environmental impacts, the sum of environmental in the simulation, and the energy and exergy analyses.
PF
impacts ðY_ k þ B_ k þ B_ D;k Þ is used together with two other variables
in analogy with the exergoeconomic analysis, i.e. the relative 3.1. Energy and exergy analyses
difference
The results obtained from the energy analysis include the
bP;k bF;k
rb;k ¼ (15) following: The power required for the compressors is
bF;k _ _
W CM1 ¼ 44:70 MW and W ¼ 46:51 MW. In the case of one-
CM2
and the exergoenvironmental factor stage compression process, additional 5.6 MW would be required.
The heat rates transferred to the environment are
Y_ k Q_ ¼ 36:38 MW and Q_ ¼ 93:57 MW. The heat rate within the
fb;k ¼ (16) COL CD
PF
Y_ k þ B_ k þ B_ D;k heat exchanger is Q_ HE ¼ 336:95 MW. The T DH_ diagram for the
heat exchanger is shown in Fig. 2. The log-mean temperature dif-
However, the application of the exergoenvironmental analysis ference within the exchanger is equal to 7 K. The coefficient of
to different energy conversion processes (for example, Meyer et al., performance of the PRICO process defined by
2009; Boyano et al., 2011, 2012; Tsatsaronis and Morosuk, 2012; COP ¼ ðH_ H_ Þ=ðW
8
_
9 þW_
CM1 Þ is equal to 0.44 under the
CM2
Morosuk et al., 2012) demonstrated that the value of environ- assumed operation conditions and concentration of the refrigerant,
mental impact associated with the exergy destruction B_ D;k is always whereas the specific energy consumption amounts to 1824 kJ/
much higher than the component-related environmental impact Y_ k kgLNG.
PF
(if the value of B_ is not considered for the k th component). In this
k The exergetic analysis was conducted using the approach
way, and for simplifying the analysis without affecting the con- “exergy of fuel/exergy of product” (Bejan et al., 1996; Lazzaretto and
clusions, Y_ k can be neglected; then, fb,k is not used. Tsatsaronis, 2006). The physical exergy of the material streams in
These methods were used to evaluate power plants (for the PRICO process must be split into thermal and mechanical parts
example, Tsatsaronis and Morosuk, 2008, 2012; Petrakopoulou at (Morosuk and Tsatsaronis, 2005) for processes below the ambient
el. 2011), refrigeration processes (for example, Morosuk and temperature and every time this temperature is crossed. The
Tsatsaronis, 2012) and chemical processes (for example, Meyer reference values for the exergetic analysis (state 0) for each mate-
et al., 2009; Boyano et al., 2011, 2012). rial stream are given in Table 2. The exergy of fuel and exergy of
product for each system component are defined as follows:
3. PRICO process
Compressor 1 (CM 1)
The flow diagram of the PRICO (SMR) process is shown in Fig. 1.
The working fluid (refrigerant) is a mixture of methane, ethane, M
E_ F;CM1 ¼ W_ _T _ _ _ M þ E_ T
butane and nitrogen (Table 1). The refrigerant is compressed from CM1 þ E1 and EP;CM1 ¼ E 2 E1 2
state 1 to state 4 using a two-stage compression process (CM1 and
CM2) with interstage cooling (COL), and is subsequently condensed Cooler (COL) is a dissipative component (Bejan et al., 1996;
(CD). The heat exchanger HE is a three-flow heat exchanger, where Lazzaretto and Tsatsaronis, 2006), therefore E_ D;COL ¼ E_ 2 E_ 3
the stream 5-6 of refrigerant is cooled down, while the stream 7-1 Compressor 2 (CM 2)
of refrigerant is vaporized, and the stream 8-9 of natural gas is
cooled and liquefied.
E_ F;CM2 ¼ W_ _ _ _
CM2 and EP;CM2 ¼ E 4 E3
In general, due to the relative small pressure ratio, a single-stage
compression process could be sufficient. However, a two-stage
compression process with interstage cooling is more appropriate, Condenser (CD) is a dissipative component, E_ D;CD ¼ E_ 4 E_ 5
in order to decrease the total power required for the compressors. Heat exchanger (HE)
For the simulation of the PRICO process the software Aspen Plus
(2011) was used, and the PengeRobinson equation of state was
selected. This approach can handle any combination of nonpolar or T T
M M
M M
M M
mildly polar mixtures; examples are hydrocarbons and light gases. E_ F;HE ¼ E_ 7 E_ 1 þ E_ 7 E_ 1 þ E_ 8 E_ 9 þ E_ 5 E_ 6
The following assumptions were used for the simulation: T T
þ E_ 5 þ E_ 8 and E_ P;HE
The ambient temperature is 25 C, and the ambient pressure is T
¼ E6T þ E_ 9
1.013 bar
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9 5
Fig. 1. Flow diagram of the PRICO process: CM 1 e Compressor 1; COL e Cooler; CM 2 e Compressor 2; CD e Condenser; HE e Heat exchanger; TV e Throttling Valve.
Table 1 Table 3
Compositions of natural gas and refrigerant. Detailed thermodynamic data of each chemical component in the streams within
mixed refrigerant.
Component Formula Refrigerant (% mol)a Natural gasb (% mol)
Stream 1 2 3 4 5 6 7 8 9
Methane CH4 0.30 0.88
Ethane C2H6 0.30 0.08 Mass fraction (kg/kg)
Propane C3H8 e 0.02
Vapor
Butane C4H10 0.25 e
Methane 0.148 0.148 0.148 0.148 0.144 e 0.003 0.786 e
Nitrogen N2 0.15 0.02
Ethane 0.277 0.277 0.277 0.277 0.249 e 0.000 0.134 e
a
Jensen and Skogestad, 2009. Propane 0.000 0.000 0.000 0.000 0.000 e 0.000 0.049 e
b
Mokhatab and Economides, 2006. Butane 0.446 0.446 0.446 0.446 0.224 e 0.000 0.000 e
Nitrogen 0.129 0.129 0.129 0.129 0.128 e 0.057 0.031 e
Throttling valve (TV) Liquid
Methane e e e e 0.004 0.148 0.145 e 0.786
Ethane e e e e 0.028 0.277 0.277 e 0.134
Propane e e e e 0.000 0.000 0.000 e 0.049
Butane e e e e 0.222 0.446 0.446 e 0.000
M M T T
E_ F;TV ¼ E_ 6 E_ 7 and E_ P;TV ¼ E_ 7 E_ 6 Nitrogen e e e e 0.001 0.129 0.072 e 0.031
Partial pressure (bar)
Methane 0.90 2.40 2.40 6.60 7.69 e 0.43 58.96 e
Ethane 0.90 2.40 2.40 6.60 7.10 e 0.00 5.36 e
Propane e e e e e e e 1.34 e
Overall system (without considering the drivers for the Butane 0.75 2.00 2.00 5.50 3.31 e 0.00 e e
Nitrogen 0.45 1.20 1.20 3.30 3.91 e 5.57 1.34 e
compressors)
M example, Bejan et al., 1996). For the economic analysis the bare
E_ F;tot ¼ W_ _ _ _M _ _T _T
CM1 þ W CM2 þ E8 E 9 ; and EP;tot ¼ E9 E8 module cost for each component was estimated, and the remaining
cost contributors are calculated based on these values (Table 5).
The results obtained from the exergetic analysis are shown in Since the location of the evaluated LNG plant is unknown, office
Table 4. costs were not taken into consideration.
Because no economic data for the PRICO process are available in
3.2. Economic analysis the open sources and because cost estimation data for the low-
temperature and cryogenic equipment is not reported in detail in
An economic analysis of the PRICO process was carried out the literature, as it is the case for chemical and power plants, the
based on the Total Revenue Requirement (TRR) method (for bare module cost for each component of the PRICO process was
Table 2
Thermodynamic, exergetic, cost and environmental impact data for the material streams.
Stream Material stream Thermodynamic data Exergetic analysis Exergoeconomic analysis Exergoenvironmental analysis
m_ T p x h s eT
eM
e PH
cT
c M
cPH
bT bM bPH
(Kg/s) (ºC) (Bar) (Kg/kg) (kJ/kg) (kJ/kg K) (kJ/kg) (kJ/kg) (kJ/kg) ($/GJ) ($/GJ) ($/GJ) (Pts/GJ) (Pts/GJ) (Pts/GJ)
1 Refrigerant 475 15 3 e 2446 5.16 0.3 81.5 81.8 50.07 17.87 67.94 39.06 14.42 53.48
2 71 8 e 2352 5.10 6.1 153.3 159.4 18.06 17.96 36.02 14.54 14.48 29.01
3 30 8 e 2429 5.34 0.1 153.3 153.4 18.06 17.96 36.02 14.54 14.48 29.01
4 91 22 e 2331 5.28 16.8 218.2 235.0 17.67 17.87 35.54 14.29 14.42 28.71
5 30 22 0.84 2532 5.90 0.2 218.2 218.4 17.67 17.87 35.54 14.29 14.42 28.71
6 159 19 0 3156 8.94 291.2 210.0 501.2 57.49 17.87 75.36 44.76 14.42 59.18
7 162 6 0.07 3156 8.92 362.3 132.5 494.8 50.07 17.87 67.94 39.06 14.42 53.48
0a 25 1.013 2426 4.81
8 Natural gas 38 67 e 4188 6.83 0.7 555.1 555.8 0 0 0 3.75 3.75 7.51
9 50 159 64 0 4998 10.92 417.0 549.7 966.7 57.49 0 57.49 44.76 3.75 48.52
0a 25 1.013 4141 4.81
a
Reference state for the exergetic analysis.
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
6 T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9
Table 5
Estimation of the fixed-capital investment (in mil US$ for the year 2014).
Direct costs (DC) Onsite costs (bare module cost, CBM) 87.6
Compressor CM1 39.3
Compressor CM2 40.5
Cooler 1.7
Condenser 1.4
Heat exchanger 3.9
Throttling valve 0.8
Offsite costs 0
Total direct costs 87.6
Indirect costs (IC) Engineering and supervision (8% of DC) 7.0
Construction costs (15% of DC) 13.1
Contingencies (15% of the sum DC and ID) 16.1
Total indirect costs 36.2
Fixed-capital investment 123.8
Table 4
Results obtained from the exergetic, exergoeconomic and exergoenvironmental analyses.
E_ F;k E_ P;k E_ D;k εk yk cF,k cP,k Z_ k C_ D;k Z_ k þ C_ D;k r f bF,k bP,k B_ D;k rb
(MW) (MW) (MW) (%) (%) ($/GJ) ($/GJ) ($/h) ($/h) ($/h) (%) (%) (mPts/GJ) (mPts/GJ) (mPts/h) (%)
CM1 44.84 37.00 7.84 82.5 8.6 31.99 48.76 1330 188 1518 171.1 87.6 12.00 14.54 338 21.2
COL e e 2.86 e 3.1 97.28 e 56 370 426 e 13.3 384.63 e 3946 e
CM2 46.51 38.83 7.71 83.5 8.5 31.67 47.84 1373 182 1555 170.9 88.3 11.91 14.29 332 20.0
CD e e 7.89 e 8.6 96.17 e 48 1009 1057 e 4.6 204.02 e 5791 e
HE 200.50 159.20 41.31 79.4 45.1 120.42 151.89 131 6759 6890 26.4 1.9 35.54 55.82 5284 57.1
TV 36.77 33.73 3.04 91.7 3.3 48.32 52.89 26 196 222 10.2 11.8 14.42 15.72 158 9.0
Overall system 91.48 20.82 70.66 22.7 77.2 31.58 178.35 2965 1654 4619 948.1 64.2 11.89 52.24 3024 339.5
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9 7
Please cite this article in press as: Morosuk, T., et al., Evaluation of the PRICO liquefaction process using exergy-based methods, Journal of Natural
Gas Science and Engineering (2015), http://dx.doi.org/10.1016/j.jngse.2015.02.007
8 T. Morosuk et al. / Journal of Natural Gas Science and Engineering xxx (2015) 1e9
exergoeconomic analysis was applied. Finally the environmental reduce this value, the thermodynamic efficiency of the heat
impact associated with the power for the compressors is exchanger should be increased.
bW ¼ 11.91 Pts/GJ. The exergy-based evaluation of the PRICO process shows that
the most important component from the thermodynamic, eco-
Tables 2 and 4 show the results obtained from the exer- nomic and environmental points of view is the heat exchanger.
goenvironmental analysis. Thermodynamically improving this component (decreasing the
temperature differences during heat transfer and the pressure
4. Results and discussions drops), would significantly improve the performance of the PRICO
process.
The values of COP ¼ 0.44 and specific energy consumption of
1824 kJ/kgLNG are relatively low compared to the corresponding 5. Conclusions
ones from the publications mentioned in the introduction. The
value of the exergetic efficiency of 22.7% cannot be compared with In this paper the PRICO process (operated with compressors
the data reported by others because, as it was already noted, the driven by a gas-turbine system) for the liquefaction of natural gas
exergy analysis was conducted in terms of “exergy of fuel/exergy of has been evaluated using exergy-based analyses. The results ob-
product” and not of “inlet/outlet exergy” as used by other authors. tained from these analyses confirmed that this process is, in gen-
However, the distribution of the exergy destruction among the eral, well designed from the thermodynamic and economic points
components (Table 4) has a good correlation with the earlier re- of view. Since all LNG processes are not only energy-intensive but
ported results (Mokarizadeh Haghighi Shirazi and Mowla, 2010; also cost- and environmental-impact-intensive, the design of the
Xu et al., 2013): 22% associated with the compression process heat exchanger should be a central focus of such LNG plants,
(E_ D;CM1 þ E_ D;CM2 ¼ 15:55 MW); 15% associated with the cooler and especially the heat transfer characteristics. Despite the fact that the
condenser (E_ D;COL þ E_ D;CD ¼ 10:75 MW) e within both coolers, 58% investment cost of the heat exchanger is relatively high due to the
e within the heat exchanger (E_ D;HE ¼ 41:31 MW), and 5.7% - within large heat transfer surface and to a complex and unique design,
the throttling valve (E_ D;TV ¼ 3:04 MW). The rate of exergy decreasing the inefficiencies within this component and accepting
destruction within the heat exchanger (yHE) shows that 45% of the higher investment cost will finally lead to a decrease in the overall
exergy of the fuel supplied to the overall system is destroyed cost of the generated LNG.
through the inefficiencies within this component. The exergetic
efficiency for each of the productive components (compressors, References
heat exchanger and throttling valve) is high (in the range of
80e90%). This means that the evaluated PRICO system has a rela- Aspelund, A., Gundersen, T., Myklebust, J., Nowak, M.P., Tomasgard, A., 2010. An
tively low potential of efficiency improvement as long as the optimization-simulation model for a simple LNG process. Comput. Chem. Eng.
34, 1606e1617.
composition of the mixed refrigerant remains unchanged. Aspen Plus V7.1, 2011. The Software is a Proprietary Product of AspenTech. http://
The economic analysis (Tables 4 and 5) shows that 91% of the www.aspentech.com.
total capital investment associated with the two compressors (that Bejan, A., Tsatsaronis, G., Moran, M., 1996. Thermal design and Optimization. Wiley,
New York, NY.
is fully confirmed by data reported by Castillo and Dorao, 2012.), 5% Black&Veatch, www.bv.com.
with the heat exchanger, 3% with the cooler and condenser and 1% Boyano, A., Blanco-Marigorta, A.M., Morosuk, T., Tsatsaronis, G., 2011. Exer-
with the throttling valve. If cost optimization would be based on the goenvironmental analysis of a steam methane reforming process for hydrogen
production. Energy Int. J. 36 (4), 2202e2214.
investment costs, then the conclusion is obvious: a reduction in the Boyano, A., Morosuk, T., Blanco-Marigorta, A.M., Tsatsaronis, G., 2012. Conventional
cost of both compressors will significantly reduce the total cost of and advanced exergoenvironmental analysis of a steam methane reforming
the PRICO plant. reactor for hydrogen production. J. Clean. Prod. 20, 152e160.
Castillo, L., Dorao, C.A., 2012. Consensual decision-making model based on game
Let us discuss the conclusions that have been obtained from the
theory for LNG processes. Energy Conv. Manag. 64, 387e396.
exergoeconomic analysis (Table 4). The value of the exer- Gas Turbine World, 2006. Handbook. Pequot Publishing Inc., USA.
goeconomic factor (64.2%) for the overall system demonstrates General Electric, Gas turbine catalog, www.ge.com.
Goedkoop, M., Spriensma, R., 2000. The Eco-indicator 99: a Damage Oriented
(based on recommendation from Bejan et al., 1996), that the
Method for Life Cycle Impact Assessment. Methodology Report. Amersfoort,
analyzed PRICO process has no design error from the cost point of Netherlands. http://www.pre.nl.
view. The component-by-component analyses show, that the value Heldt, S., 2011. Near-optimal Operation of LNG Liquefaction Processes by Means of
Regulation. Ph.D. Thesis. Technische Universita €t Berlin, Germany.
of the total cost associated with the component, i.e., the sum
Hiemann, A., 2011. Energy and Exergy Analysis of a Single Mixed Refrigerant Process
ðC_ D;k þ Z_ k Þ, is the highest for the heat exchanger because of the cost for the Liquefaction of Natural Gas. Student Research Project. Technische Uni-
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