Thermodynamic-mathematical and Techno-economic Analysis of Iron Cycles

The main objective of research area 3 is a comprehensive analysis of the Clean Circles system from a technical and economic point of view. This is based on the development of a mathematical model describing all relevant energy conversion and mass transfer processes and permits the simulation of different scenarios. Subsequently, flows of funds will be integrated into the model and economic and regulatory criteria will be included in the analysis. Based on the results, optimizations of the overall system from several target figures and finally a comprehensive evaluation will be carried out.

Milestones

  • Create a rough model with a defined interface to research area 4 (Socio-economic Modelling)
  • Develop reduced models with automated compartmentalization
  • Extend the interface to research area 4 for an integrated systems analysis
  • Develop an overall exergoeconomic model with regulatory coupling
  • Carry out a robust multi-objective optimization based on the exergoeconomic model

Coordination of the research area

  Name Contact
Prof. Dr. rer. pol. Wolf Fichtner
Karlsruhe Institute of Technology (KIT)
+49 721 608-44460
Prof. Dr. Marc Pfetsch
Technical University of Darmstadt
+49 6151 16-23440