Updating the ce plant cost index

11 Feb

ABSTRACT: Regeneration and steam injection are both well proven as well as promising modifications which can boost power, increase thermal efficiency, part load performance and limit NOx emissions.However, their benefits are still largely unexploited.

No guarantee of accuracy or fitness for any purpose is expressed or implied.

Chemical plant cost indexes are dimensionless numbers employed to updating capital cost required to erect a chemical plant from a past date to a later time, following changes in the value of money due to inflation and deflation.

Since, at any given time, the number of chemical plants is insufficient to use in a preliminary or predesign estimate, cost indexes are handy for a series of management purposes, like long-range planning, budgeting and escalating or de-escalating contract costs.

While single CO2-based innovations are entering the markets, the possible economic effects of a large-scale CO2 utilization still remain unclear to policy makers and the public.

Hence, this paper reviews the literature on CCU and provides insights on the motivations and potential of making use of recovered CO2 emissions as a commodity in the industrial production of materials and fuels.