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A carbon-free power source for liquefied natural gas vaporization and storage
- About Company
Powerfin
A carbon-free power source for liquefied natural gas vaporization and storage
Label Date
December 23, 2020
By
Air Liquide
From
France
Maturity stage
TRL 9 / CRI 2 - Commercial Trial Small Scale
Liquefied Natural Gas (LNG) Import terminals are important power consumers and need vaporizers to regasify LNG. Powerfin is a LNG vaporisation system for import terminals, able to produce carbon-free electricity using the otherwise wasted cold energy contained in the LNG. It is based on an innovative thermodynamic cycle which achieves state-of-the-art cold recovery, and high reliability. The carbon-free electricity produced can be exported and/or used locally by the terminal itself. LNG regasification terminals become not only energy importers, but also local and green energy producers.
The Environmental Benefits
- •40 kWh of Power generated by ton of vaporized LNG
- •Carbon free electricity from wasted cold
- •Power: 160tLNG/h*40kWh/tLNG = 6,4MW
- •Around 52 kg of CO2 saved per ton of vaporized LNG
- •Avoid any natural gas consumption for LNG regasification
The Financial Benefits
- •IRR is between 2-5% and the payback period is 10-13 years (highly related to the domestic electricity price)
- •Possibility to sell carbon credits related to power produced and carbon footprint decrease
- •Reduce by up to 70% the energy consumption of the terminal, therefore decreasing by the same amount the variable part of the electricity bill
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Company Profile
Air Liquide
A world leader in gases, technologies and services for Industry and Health.
Headquarters
75007 Paris, France
Type
Company
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Air Liquide has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.