Client | NET Power / Baker Hughes |
Project | NetPower Industrial Scale Solution Study |
Sector | Energy & Chemicals |
Services | Clean Tech Accelerator |
Location | Global |
Objective
To evaluate and develop an industrial-scale NET Power Allam Cycle power generation system, focusing on defining use cases, comparing plant scales, and generating techno-economic insights for future implementation.
Project Scope
The study focused on:
- Defining use cases and establishing a process simulation and study basis for a 150MW Combined Turbine Generator (CTG) NET Power cycle.
- Conducting trade-off analyses between industrial and utility-scale designs to identify the optimal plant scale.
- Evaluating the key design uncertainties and CAPEX implications for an AACE Class 4 estimate.
- Developing technical designs to address oxygen supply, recuperator configurations and heat exchanger optimisations.
Findings & Recommendations
Findings
- Design Optimisation: The cryogenic air separation unit (ASU) was identified as the most efficient method for delivering high-purity oxygen, with optimisation potential in cooling integration and N2 chilling.
- Water Separation Systems: A simplified cooler and separator was chosen for initial designs due to its cost-effectiveness, though further vendor engagement is recommended.
- CAPEX Insights: The estimated first-of-a-kind (FOAK) EPC cost is approximately within the range of $325-375MM USD, with a potential reduction of around 5-10% as the technology matures.
- Simulation Results: Process efficiency can improve by optimising recuperator configurations, reducing cooling demands and considering alternative heat pump technologies.
Recommendations
- Focus on optimizing the recuperator heat exchanger design to balance efficiency and CAPEX.
- Advance detailed design studies for the ASU cooling integration to reduce energy consumption.
- Incorporate further simulations and vendor feedback in Phase 2 to refine designs and validate assumptions.
- Evaluate long-term cost-saving strategies for nth-of-a-kind (NOAK) deployments.
io Value Add
io played a pivotal role in shaping the study’s success through:
- Technical Expertise: Delivered detailed simulations, design optimisations and cost evaluations to provide robust technical and economic insights.
- Decision Quality Framework: Applied structured methodologies to support trade-off analyses and ensure alignment with client objectives.
- Innovative Approaches: Identified optimisation opportunities, such as ASU integration and recuperator adjustments, that contribute to overall efficiency gains.
By leveraging its extensive experience in advanced power systems, io provided a strong foundation for scaling the NET Power Allam Cycle system to industrial applications.