In the present study we propose a novel gas feed polygeneration process for the dimethyl ether (DME) and power production and carbon capture (CCS). The process consists of chemical looping CO2/H2O dissociation (CL) unit to produce syngas (CO and H2 with methane reduction step in redox cycle) from exhaust gases for DME production in a packed bed reactor. Except for the chemical looping CO2/H2O dissociation unit (consist of two interconnected reactors) which is under development stage, the process is considered based on already existing industrial components. The aim of the present work is to assess the process based on energy efficiency and the economic performance of the integrated chemical looping unit for industrial scale DME production plant. It was found that the price of the DME produced was 34 $/GJ (DME LHV). The beneficial integration proposed resulted in a production of 103 MWe and 2.14 kg/s of DME with an energy and exergetic efficiency of about 50% and 44%, respectively. A discounted cash flow analysis was performed to evaluate the profitability of the process. In order to have a positive NPV, a selling price of electricity and DME higher than the current market was required. Finally, an exergo-economic analysis was executed to detect which are the main causes of the low economic performance. An exergo economic factor of 0.37 of the overall plant was found, suggesting that an improvement in the efficiency of the equipment is needed. The potential of CO2/H2O dissociation unleashes in liquid hydrocarbon and fuel production strategies, which are hindered by only-thermal reduction step in the existing approach for solar thermochemical syngas production. The analysis also provides information on the main economic drives associated with high capital investment in the process plant with individual sub-systems. The energy, exergy and economic analysis have proved to show the scope of improvements over the conventional method of manufacturing DME considered 100% carbon capture. The analysis also reflects the strong potential of chemical looping syngas production pathways to integrate with polygeneration system to increase the overall efficiency with reduced cost of carbon capture. The baseline simulation of the polygeneration plant proposes a methodology for assessment of the impact on the overall efficiency, economic performance and water for advances system designs.