Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis
The energy economy is continually evolving in response to socio-political factors in the nature of primary energy sources, their conversions to useful forms, such as electricity and heat, and their utilization in different sectors. Nuclear energy has a crucial role to play in the evolution of energy...
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MDPI AG
2022-08-01
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Series: | Energies |
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Online Access: | https://www.mdpi.com/1996-1073/15/16/5873 |
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author | Aman Gupta Piyush Sabharwall Paul D. Armatis Brian M. Fronk Vivek Utgikar |
author_facet | Aman Gupta Piyush Sabharwall Paul D. Armatis Brian M. Fronk Vivek Utgikar |
author_sort | Aman Gupta |
collection | DOAJ |
description | The energy economy is continually evolving in response to socio-political factors in the nature of primary energy sources, their conversions to useful forms, such as electricity and heat, and their utilization in different sectors. Nuclear energy has a crucial role to play in the evolution of energy economy due to its clean and non-carbon-emitting characteristics. A techno-economic analysis was undertaken to establish the viability of selling heat along with electricity for an advanced 100 MW<sub>th</sub> small modular reactor (SMR) and four nuclear hybrid energy system (NHES) configurations featuring the SMR paired with chemical heat pump (ChHP) systems providing a thermal output ranging from 1 to 50 MW<sub>th</sub>. Net present value, payback period, discounted cash flow rate of return, and levelized cost of energy were evaluated for these systems for different regions of U.S. reflecting a range of electricity and thermal energy costs. The analysis indicated that selling heat to high temperature industrial processes showed profitable outcomes compared to the sale of only electricity. Higher carbon taxes improved the economic parameters of the NHES alternatives significantly. Providing heat to high temperature industries could be very beneficial, helping to cut down the greenhouse gases emission by reducing the fossil fuel consumption. |
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format | Article |
id | doaj.art-e9db2767e62542759760d1b4563e5fea |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-03-09T09:57:51Z |
publishDate | 2022-08-01 |
publisher | MDPI AG |
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series | Energies |
spelling | doaj.art-e9db2767e62542759760d1b4563e5fea2023-12-01T23:39:26ZengMDPI AGEnergies1996-10732022-08-011516587310.3390/en15165873Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic AnalysisAman Gupta0Piyush Sabharwall1Paul D. Armatis2Brian M. Fronk3Vivek Utgikar4Department of Chemical and Biological Engineering, University of Idaho, Moscow, ID 83844, USAIdaho National Laboratory, Idaho Falls, ID 83415, USASchool of Mechanical, Industrial and Manufacturing Engineering, Oregon State University, Corvallis, OR 97331, USASchool of Mechanical, Industrial and Manufacturing Engineering, Oregon State University, Corvallis, OR 97331, USADepartment of Chemical and Biological Engineering, University of Idaho, Moscow, ID 83844, USAThe energy economy is continually evolving in response to socio-political factors in the nature of primary energy sources, their conversions to useful forms, such as electricity and heat, and their utilization in different sectors. Nuclear energy has a crucial role to play in the evolution of energy economy due to its clean and non-carbon-emitting characteristics. A techno-economic analysis was undertaken to establish the viability of selling heat along with electricity for an advanced 100 MW<sub>th</sub> small modular reactor (SMR) and four nuclear hybrid energy system (NHES) configurations featuring the SMR paired with chemical heat pump (ChHP) systems providing a thermal output ranging from 1 to 50 MW<sub>th</sub>. Net present value, payback period, discounted cash flow rate of return, and levelized cost of energy were evaluated for these systems for different regions of U.S. reflecting a range of electricity and thermal energy costs. The analysis indicated that selling heat to high temperature industrial processes showed profitable outcomes compared to the sale of only electricity. Higher carbon taxes improved the economic parameters of the NHES alternatives significantly. Providing heat to high temperature industries could be very beneficial, helping to cut down the greenhouse gases emission by reducing the fossil fuel consumption.https://www.mdpi.com/1996-1073/15/16/5873chemical heat pumptechno-economicnuclear energytemperature boostindustrial thermal processes |
spellingShingle | Aman Gupta Piyush Sabharwall Paul D. Armatis Brian M. Fronk Vivek Utgikar Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis Energies chemical heat pump techno-economic nuclear energy temperature boost industrial thermal processes |
title | Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis |
title_full | Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis |
title_fullStr | Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis |
title_full_unstemmed | Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis |
title_short | Coupling Chemical Heat Pump with Nuclear Reactor for Temperature Amplification by Delivering Process Heat and Electricity: A Techno-Economic Analysis |
title_sort | coupling chemical heat pump with nuclear reactor for temperature amplification by delivering process heat and electricity a techno economic analysis |
topic | chemical heat pump techno-economic nuclear energy temperature boost industrial thermal processes |
url | https://www.mdpi.com/1996-1073/15/16/5873 |
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