(142a) Evaluating Energy Transitions to Achieve Net-Zero Goals
AIChE Spring Meeting and Global Congress on Process Safety
2023
2023 Spring Meeting and 19th Global Congress on Process Safety
Topical 15: The Energy Transition
Analysis for Energy Transition
Wednesday, March 15, 2023 - 1:30pm to 1:55pm
The chemical industryâs move to set aggressive Net Zero targets at the enterprise level has many sites scrambling to figure out how best to meet them. The easy, lower cost things like LED lighting, waste heat recovery, operational changes and Advanced Control come first, but at some point to get to Net-Zero, you need to start transitioning equipment to clean energy. For the chemical industry, that means (green) electrification of major combustion equipment, like compressors, furnaces and boilers, and moving away from fossil fuel generated energy systems. A common methodology that companies are using to evaluate and rank different âgreeningâ options is called the Marginal Abatement Cost, or MAC Curves. This paper will present the MACC concepts and illustrate its use in several industrial examples.
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