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Question: For 1 million tons of coking production, should the coke oven gas be used for power generation or for methanol production? Which option offers better benefits?
Of course, producing methanol offers relatively better benefits.
Power generation is relatively straightforward in terms of infrastructure, but the production of methanol is more cost-effective.
Start with methanol; generate electricity once the scale is larger
In the long run, methanol is certainly more cost-effective, but its production requires large investments and high costs; moreover, prices can fluctuate significantly depending on market conditions – prices of methanol have seen considerable fluctuations from last year to now.
Of course, using methanol is the appropriate choice. The production of methanol from coke oven gas benefits from inherent advantages in terms of raw materials, and its cost is also lower than that of methanol produced from coal, giving it a competitive edge. Currently, it is difficult to obtain approval for power generation projects, and there are no price discounts on the electricity sold to the grid; as a result, its economic viability is inferior to that of methanol. And **it is possible that policies favorable to the development of methanol gasoline will be introduced as a way to curb international energy prices.** Moreover, the number of downstream products derived from methanol is increasing. With the large-scale development of industries such as the production of olefins from alcohols and acetic acid, demand for methanol will rise significantly, which provides some support for its price. This post was last edited by Dylan_soi on 2009-3-12 23:58]
A production capacity of 1 million tons suggests going for a methanol project; many chemical companies are focusing on methanol this year.
Methanol is suitable! The cost of producing methanol from coke oven gas is half that of producing it from coal. Now is the perfect time to launch projects amid the economic crisis; once projects are launched, the brokerage industry recovers. If you see the opportunity, seize it quickly. This post was last edited by ryn on 2009-3-13 09:37]
From the perspective of economic benefits, methanol is preferable at present; from the standpoint of development and the advancement of a circular economy, power generation serves as the driving force for stable production.
My view is similar to that of the person on floor 9; therefore, with a production capacity of 1.5 million tons per year of coke, we plan to start with power generation first. After the second phase with another 1.5 million tons per year of coke production comes online, we will decide whether to proceed with methanol production based on market conditions. .
Benefit analysis for power generation and methanol production? The development of a company should take into account not only the long term but also the immediate present. All coking enterprises across the country are producing methanol, which means a price war is about to begin and profits will be reduced.
From the perspectives of comprehensive energy utilization, the development of a circular economy, and economic benefits, producing methanol from coke oven gas is a good option.
Methanol prices have risen a lot recently; the profitability is not good at the moment. Moreover, this factory produces 1 million tons of coke per year, with about 100,000 tons of methanol produced as well, and the capital costs for infrastructure are very high. So personally, I think generating electricity is better – it requires less investment and yields short-term benefits.
Power generation requires little investment, yields quick results, but the returns are not very high. Everyone is investing in methanol production; prices may go down, but it is a clean energy source and represents the trend for future development. Considering all factors, it is still better to invest in methanol.
Coke oven gas contains about 25% CH4 and about 58% H2; in my opinion, converting it into syngas for the production of methanol and other downstream chemical products represents an effective way to make rational and scientific use of this gas
It’s cost-effective to use methanol; the cost is low. Although the price of methanol isn’t very high at the moment, I don’t think it will remain this low for long
If your company is an independent coking plant and has the financial resources, it can adopt a three-pronged approach: first set up power generation to achieve immediate benefits, then introduce city gas, linking it to ** to gain greater support from **; If there is excess gas, and industries wish to extend their production chains in order to maximize profits, they should move on to methanol and then to synthetic ammonia.
Last year we called for switching to methanol, but as soon as its price dropped we changed our plan and switched back to power generation
Investing in power generation is cost-effective, yields quick results, and carries low risks. If a company has weak risk resistance, it is recommended to start with power generation first.