Economic Criteria of Selection for Closed Cycle Thermochemical Water Splitting Processes
By elementary economic considerations, it is possible to predict in which range of costs future thermochemical water splitting plants must fall and to quantify the importance of the heat efficiency factor. It is shown that material balance is likely to be a dominant factor and that the yield of recovery of products should be given prime consideration in research on thermochemical water splitting cycles.
KeywordsHydrogen Production Investment Cost Recovery Yield Heat Efficiency Thermochemical Process
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