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Economics of Energy Conservation in the Chemical and Petrochemical Industries
Abstract
Capital allocated to energy savings
projects competes with that for new or
revised plants. Thus, it must show the
same or better rate of return. Usually
the risk factor in energy savings projects
is less than allocations for other uses.
The categories of energy consumption
on a chemical or petrochemical plant are
defined. Distillation is often the
largest energy consumer, hence, offering
the most promising area for investigation
of energy savings. Other unit operations
and well as changes in process operations
are explored for potential energy savings.
The use of cogeneration as a method
for net energy savings is explored and
appears to be most promising, especislly
where it is possible to upgrade the value
of waste heat or combustible by-products
in the process plant to produce steam and
electrical energy which can be utilized or
sold to others.
A formal energy audit of process
plants is suggested utilizing for
engineering, operating as well as
management personnel.
Subject
Energy Savings ProjectsChemical or Petrochemical Plant
Distillation
Cogeneration
Combustible By-products
Collections
Citation
Nachod, J. E. Jr. (1987). Economics of Energy Conservation in the Chemical and Petrochemical Industries. Energy Systems Laboratory (http://esl.eslwin.tamu.edu). Available electronically from https : / /hdl .handle .net /1969 .1 /92857.