Synthetic Methanol/Fischer-Tropsch Fuel Production Capacity, Cost, and Carbon Intensity Utilizing CO₂ from Industrial...

Captured CO₂ is a potential feedstock to produce fuel/chemicals using renewable electricity as the energy source. We explored resource availability and synergies by region in the United States and conducted cost and environmental analysis to identify unique opportunities in each region to inform possible regional and national actions for carbon capture and utilization development. This study estimated production cost of synthetic methanol and Fischer-Tropsch (FT) fuels by using CO₂ captured from the waste streams emitted from six industrial [ethanol, ammonia, natural gas (NG) processing, hydrogen, cement, and iron/steel production plants] and two power generation (coal and NG) processes across the United States. The results showed that a total of 1594 million metric ton per year of waste CO₂ can be captured and converted into 85 and 319 billion gallons of FT fuels and methanol, respectively. FT fuels can potentially substitute for 36% of the total petroleum fuels used in the transportation sector in 2018. Technoeconomic analysis shows that the minimum selling prices for synthetic FT fuels and methanol are 1.8-2.8 times the price of petroleum fuel/chemicals, but the total CO₂ reduction potential is 935-1777 MMT/year.