2012
DOI: 10.1149/2.046210jes
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Review: An Economic Perspective on Liquid Solar Fuels

Abstract: Liquid solar fuels can be produced using a modular approach. A simplified economic analysis is used to evaluate the cost for making diesel and other fuels. In each reaction scheme, water is converted to hydrogen electrochemically, which is later converted to a liquid fuel by the Fischer-Tropsch method. Renewable energy sources, such as wind and solar, provide power to each process in its entirety. Furthermore, costs for photoelectrochemical cells, a developing hydrogen-production technology, are estimated and … Show more

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Cited by 91 publications
(85 citation statements)
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“…[34][35][36][37] In this study, an electrolyzer efficiency of 73.0% and a DC-to-DC converter efficiency of 85% (representative of values for converters that need to perform dynamic maximum power point tracking on the input DC power from the PV array as well as independent tracking on the output DC power that is supplied to the electrolyzer to insure maximum electrolyzer efficiency) were used in the calculation. The efficiency of the PV was chosen to be the detailed balance limit, for the same tandem photoabsorber system with the same bandgap combination.…”
Section: Comparison To Photovoltaic Cell In Series With An Electrolyzmentioning
confidence: 99%
“…[34][35][36][37] In this study, an electrolyzer efficiency of 73.0% and a DC-to-DC converter efficiency of 85% (representative of values for converters that need to perform dynamic maximum power point tracking on the input DC power from the PV array as well as independent tracking on the output DC power that is supplied to the electrolyzer to insure maximum electrolyzer efficiency) were used in the calculation. The efficiency of the PV was chosen to be the detailed balance limit, for the same tandem photoabsorber system with the same bandgap combination.…”
Section: Comparison To Photovoltaic Cell In Series With An Electrolyzmentioning
confidence: 99%
“…[1][2][3] Electrochemical reduction of CO 2 (CO2R) has been proposed as one possible technology for the production of fuels from CO 2 using electricity obtained from renewable sources. [4][5][6][7] Studies of CO2R in aqueous solution date back to the 1950s, 8 and an extensive and thorough body of work was published by Hori and co-workers starting in the 1980s. [9][10][11][12][13][14] This work identified the key challenges in implementing electrochemical CO2R for fuel or chemical synthesis.…”
Section: Introductionmentioning
confidence: 99%
“…7 These electricity prices can nowadays indeed be achieved with PV, as illustrated by a recent successful bid for a 50 MW solar PV field in Europe for 5.38 €ct/kW h. 8 The hydrogen production costs for integrated solar fuel generators are likely to be higher and have been estimated in several studies. [9][10][11] One often cited study estimates a cost of $10.40/kg H 2 assuming a solar-to-hydrogen efficiency of 10%, a panel cost of $153/m 2 , and a lifetime of 10 years. 11 Last but not least, there are significant advantages to generating the amount of hydrogen at the desired pressure on demand where and when it is needed.…”
Section: Direct Versus Indirect Routesmentioning
confidence: 99%