Economic assessment of inherently safe membrane reactor technology options integrated into IGCC power plants

Pd/alloy-based (Pd/Cu, Pd/Au) membrane reactors embedded into Integrated Gasification Combined Cycle (IGCC) plants (IGCC-MR) enable the storage and/or use of the energy value of H₂ to produce electricity while the CO₂ enriched retentate exit stream becomes particularly suitable for high pressure CO₂ capture-sequestration. There is undoubtedly a lack of operating experience associated with IGCC-MR plants, and therefore, sound process intensification principles/practices should be followed not only to enhance process system performance but also to ensure process safety and economic feasibility of an IGCC-MR plant. Motivated by the above considerations, a comprehensive process economic assessment framework for an inherently safe membrane Pd/alloy-based reactor integrated into an IGCC plant is proposed. In particular, a detailed Net Present Value (NPV) model has been developed to evaluate the economic viability of an IGCC-MR plant where the membrane reactor module design conforms to basic inherent safety principles. Sources of irreducible uncertainty (market, regulatory and technological) are explicitly recognized such as the power plant capacity factor, Pd price, membrane life time and CO₂-taxes due to future regulatory action/policies. The effect of the above uncertainty drivers on the project's/plant's value is studied through Monte Carlo methods resulting in detailed NPV-distribution and process economic outcome profiles. The simulation results derived suggest that in the presence of (operational, economic and regulatory) uncertainties, inherently safe membrane reactor technology options integrated into IGCC plants could become economically viable. In particular, comparatively more attractive NPV distribution profiles are obtained when concrete safety risk-reducing measures are taken into account through pre-investment in process safety (equipment).     

Selecting agri-environmental indicators to facilitate monitoring and assessment of EU agri-environmental measures effectiveness

Since its introduction in the early 1960s, the EU Common Agricultural Policy (CAP) has demonstrated a capacity to adapt and change in the face of new challenges. The reformed CAP, under AGENDA 2000, encourages more environmentally friendly farming practices. In the context of their rural development plans, Member States are required to link policies on agriculture with protection of the environment and to ensure that farmers meet environmental standards. Additionally, Member States should maintain and restore the quality of both their aquatic and adjacent terrestrial ecosystems according to the Directive 2000/60/EU, 'Establishing a framework for Community Action in the field of Water Policy'. Within this framework, agri-environmental indicators play an important role in planning and implementing CAP guidelines. However, selection and use of the proper indicators remains unresolved, considering that ecosystem processes are complex and interactions in most cases not obvious. This paper proposes a methodology for assessing the environmental state and impacts of current land use and management when implementing agri-environmental measures of CAP. The proposed methodology includes a modified Driving forces-Pressures-Impacts-Responses (DPSIR) framework, identification of Zones of Specific Functional Interest (ZSFI), and criteria for selecting agri-environmental indicators, which assess the functional performance of each zone and meet existing legislation. The Mygdonia Watershed (Greece) is an example where through use of both the appropriate Minimum Data Set of agri-environmental indicators at the identified zones and the proposed modified DPSIR, the functioning performance of each ZSFI can be assessed to evaluate the applied agri-environmental measures.