초록 |
Carbon dioxide utilization process for producing formic acid could be more environmentally-friendly synthesis process alternatives to fossil-based formic acid production. Formic acid is also known for having potential as a hydrogen carrier and as fuel for fuel cells. Techno-economic analysis and Life cycle assessment verify the feasibility and the sustainability of the CO2-based process. This study focused on life cycle assessment and economic evaluation of Formic acid synthesis process using CO2. This work deals with the electrochemical reduction process which is one of the main available methods to convert CO2 into formic acid. The process model is developed in Aspen plus for obtaining the energy and mass balances, and the purchase equipment cost of the formic acid plant. According to the results, the CO2 based process saves CO2 emissions when compared to the conventional process, under specific conditions. In addition, this study provides insights with regard to developing both more effective CO2 reduction process and economical process. |