Expansion and optimization of ammonia import to the Republic of Korea for electricity generation

Abstract

Ammonia is considered a promising energy source for achieving carbon neutrality because it is carbon-free. This study aims to evaluate the feasibility of ammonia-based power generation by conducting techno-economic and carbon footprint analyses of an integrated ammonia decomposition and phosphoric acid fuel cell system. Using a commercial process simulator, the power generation process is designed to reveal an energy efficiency of 46.7% and an upper limit for the ammonia price to compete with industrial electricity prices is identified as 421.3 $ tNH3-1 through economic analysis. Furthermore, the study establishes five different scenarios for ammonia import from the top ten exporting countries to the Republic of Korea (KOR), according to historical data, for optimi-zation. Ammonia import is optimized in terms of exporting countries and quantities to satisfy the ammonia price while minimizing overall emissions using the Monte Carlo method for ammonia production costs and carbon dioxide emissions in each nation. The results show that carbon intensity falls within the range of 0.707-0.736 kgCO2-eq kWh-1, which exceeds the 20-year average value of carbon intensity in KOR if carbon-based ammonia is solely imported. However, the system can be competitive in terms of both economic and environmental aspects if the carbon-neutral ammonia ratio is over 78% (more than Scenario 4). In conclusion, this study statistically investigates the optimization results focusing on major ammonia export countries, identifies the trend of carbon intensity in the scenarios, and provides guidelines for reducing overall carbon intensity by considering the production, transportation, and utilization of ammonia.