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Due to its intrinsic carbon-free nature, ammonia is emerging as a possible energy source for achieving carbon neutrality.
A recent study led by Professor Hankwon Lim in the School of Energy and Chemical Engineering and the Graduate School of Carbon Neutrality at UNIST, examined the viability of ammonia-based power generation using techno-economic and carbon footprint studies. The study focuses on an integrated system that combines ammonia decomposition with phosphoric acid fuel cells. The study, conducted using a commercial process simulator, unveils significant findings regarding the efficiency and economic viability of utilizing ammonia in power generation systems. Results indicate an impressive energy efficiency rate of 46.7 per cent within the designed power generation process. Through comprehensive economic analysis, the research team identified an upper limit for ammonia pricing at USD 421.3. tNH31 allows competitive pricing against industrial electricity ratesa crucial factor in determining market competitiveness. To further optimize ammonia imports into the Republic of Korea (KOR), five distinct scenarios were established based on historical data from the top ten exporting countries. Using the Monte Carlo method for ammonia production costs and carbon dioxide emissions in each nation, researchers optimized import quantities while minimizing overall emissions. The results demonstrate that if solely reliant on carbon-based ammonia imports, carbon intensity ranges between 0.7070.736 kgCO2-eq kWh1exceeding KORs average value over a 20-year period. However, achieving a ratio of over 78 per cent of carbon-neutral ammonia (Scenario 4) can make both environmental and economic aspects more favorable. According to the research team, their findings provide valuable insights into optimizing ammonia exports and reducing carbon intensity. By adopting a holistic approach that encompasses all stages of the supply chain, significant progress can be made towards sustainable energy solutions. Our study sheds light on the immense potential of ammonia as an energy source, said Professor Lim. We have analyzed costs and greenhouse gas emissions while considering different commercialized methods of producing ammonia. Although renewable energy sources were not part of this particular study, our findings offer crucial insights into enhancing ammonia exports and promoting sustainability. (ANI)
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