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Application of the TCO Method for the cement industry considering CCS sustainable technology

  • Total Cost of Ownership (TCO) is a key tool to have a complete understanding of the costs associated with an investment, as it allows to analyze not only the initial acquisition costs, but also the long-term costs related to operation, maintenance, depreciation, and other factors. In the context of the cement industry, TCO is especially important due to the complexity of the production processesTotal Cost of Ownership (TCO) is a key tool to have a complete understanding of the costs associated with an investment, as it allows to analyze not only the initial acquisition costs, but also the long-term costs related to operation, maintenance, depreciation, and other factors. In the context of the cement industry, TCO is especially important due to the complexity of the production processes and the wide variety of components and machinery involved in the process. For this reason, a TCO analysis for the cement industry has been conducted in this study, with the objective of showing the different components of the cost of production. This analysis will allow the reader to gain knowledge about these costs, in the industrial model will be to make informed decisions on the adoption of technologies and practices that will allow them to reduce costs in the long run and improve their operational efficiency. In particular, this study pursues to give visibility to technologies and practices that enable the reduction of carbon emissions in cement production, thus contributing to the sustainability of industry and the protection of the environment. By being at the forefront of sustainability issues, the cement industry can contribute to the achievement of environmentally friendly technologies and enable the development of people and industry. The Oxyfuel technology has been selected as a carbon capture solution for the cement industry due to its practical application, low costs, and practical adaptation to non-capture processes. The adoption of this technology allows for a significant reduction in CO2 emissions, which is a crucial factor in achieving sustainability in the cement manufacturing process. Carbon capture storage technologies represent a high investment, although these technologies increase the cost of production, the application of Oxyfuel technology is one of the most economically viable as the cheapest technology per capture according to the comparison. However, this price increase is a technical advantage as the carbon capture efficiency of this technology reaches 90%. This level of efficiency leads to a decrease in taxes for the generation of CO2 emissions, making the cement manufacturing process sustainable.show moreshow less

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Metadaten
Document Type:Master's Thesis
Zitierlink: https://opus.hs-offenburg.de/7055
Bibliografische Angaben
Title (English):Application of the TCO Method for the cement industry considering CCS sustainable technology
Author:Yuly Alejandra Barrera Acevedo
Advisor:Niklas Hartmann, Hanhee Kim
Year of Publication:2023
Granting Institution:Hochschule Offenburg
Page Number:78
URN:https://urn:nbn:de:bsz:ofb1-opus4-70557
Language:English
Inhaltliche Informationen
Institutes:Fakultät Wirtschaft (W)
Institutes:Abschlussarbeiten / Master-Studiengänge / IBC
DDC classes:300 Sozialwissenschaften / 330 Wirtschaft
GND Keyword:CCS; Kosten; Kostenrechnung; Zement
Tag:Cement Industry; Oxyfuel; TCO; Total Cost of Ownership
Formale Angaben
Open Access: Open Access 
 Diamond 
Licence (German):License LogoUrheberrechtlich geschützt
SWB-ID:185311586X