1,386 research outputs found
Closing the Loop - Utilization of Secondary Resources by Low Temperature Thermal Gasification
This study addresses certain issues related to unsustainable management of secondary resources like organic waste, sewage sludge and residues from agriculture and industry with a focus on losses of nonfossil energy potential and valuable elements. In this context it is investigated how suitable application of low temperature thermal gasification could be applied to reduce the environmental impact of such management systems and increase the value and positive awareness of the resources in question.In the first part of this study, the Low Temperature Circulating Fluidized Bed (LTâCFB gasifier) is described.The LTâCFB gasifier is a technology originally developed for preâprocessing of biomass fuels like cereal straw. In popular terms, the LTâCFB gasification process separates the inorganic and organic fractions of the straw. The majority of the inorganic material is extracted in one or several different ash fractions and the organic material is converted into a hot combustible gas product, which is subsequently combusted in an adjacent boiler. This substantially reduces the influence of the fuels inorganic composition on thecombustion properties. When combining LTâCFB gasification with existing dustâfired coal boilers, fossil fuels can be directly substituted with renewable fuels while reusing existing energy infrastructure. Currently, two operational LTâCFB gasifiers exist: A pilot scale facility with a thermal capacity (TH) of 100 kW and a demonstration unit of 6 MWTH. Both units are involved in the present study. Many different fuels have previously been tested in LTâCFB gasifiers and previous results from these experiments are described and evaluated with focus on the energy efficiency of the process and the quality of LTâCFB ashes for use as fertilizers. The general benefits and drawbacks of low temperature gasification compared to anaerobic digestion and incineration are briefly discussed in this regard.Development and implementation of a method to screen for new fuel candidates for LTâCFB gasification is conducted, and 22 new potential fuel candidates are characterized and compared to 4 previously proven LTâCFB fuels. The investigated fuel candidates are categorized by their apparent suitability as LTâCFB fuels and various positive characteristics as well as potentially problematic issues are discussed. The overall conclusion from the fuel screening is that in a Danish context it is highly relevant to consider low temperature gasification of especially sewage sludge and manure fibers while the international perspective includes especially sugarcane bagasse, various residues from olive oil production and rice husks. Only five fuel candidates are considered as potentially very problematic for single fuel LTâCFB gasification: Fat separated from wastewater treatment, palm kernel shell residues, two animal meat and bone meal samples and wood pruning from Italian vineyards. The problems mainly relate to the proximate composition, ash sintering, char deposit formation and corrosion of steel surfaces during thermal tests. The fuel screening also includes a screening of P fertilizer quality of ashes and chars produced from thermal treatment of the different fuels, and significant differences were identified between the P fertilizer quality of ashes and chars. The fuel screening also involves an investigation of how analytically determined characteristics of three fuel mixes differ from the expected linear sum of the involved fuelsâ individual characteristics. The results indicate profound possibilities for optimizing fuel and ash characteristics by fuel mixing with regard to ash deposit formation and sintering as well as ash and char P fertilizer quality.Of the 5 best candidates identified in the fuel screening, sewage sludge is found to be one of the most interesting as it is a locally as well as globally available resource with a large potential for optimized management compared to several of the currently applied management options. Proper management of sewage sludge holds a substantial potential for recovery of highly concentrated phosphorus (P) with good plant availability in ashes and chars from the thermal conversion. It is therefore decided to progress with sewage sludge in a series of experimental campaigns to provide a detailed investigation of potential benefits and problematic issues related to sewage sludge management by LTâCFB gasification. Four experimental campaigns with gasification and coâgasification of sewage sludge in LTâCFB gasifiers are conducted and the results on process performance and the quality of the gas product are compared to results from other studies on thermal gasification of sludge. The overall conclusion is that many different gasifier designs have been proven successfully on sewage sludge fuels and LTâCFB gasification is very well suited for gasification of sewage sludge as well as coâgasification of sewage sludge and cereal straw. The LTCFB gasifier is found to yield the highest hot gas efficiency, carbon conversion rate and total system electrical efficiency of the assessed systems.Examination of the fertilizer quality of ash substrates from thermal conversion of sewage sludge is a central part of this study. Fertilizer quality is addressed by comparing the elemental composition, PAH content and P plant availability of LTâCFB ashes from different gasification and coâgasification campaigns to ash and char samples from incineration and pyrolysis of sewage sludge as well as to their respective untreated sludge samples and a mineral P reference. In addition to the conventional thermal platforms, a process for postoxidation of pyrolysis chars and gasification ashes has been developed and the oxidized substrates are also included in the investigation. From the investigation of ash fertilizer quality it is concluded that all of the investigated thermal platforms are applicable for production of P fertilizers by conversion of sewage sludge with the proper design and operational settings. Postâoxidation of pyrolysis chars and gasification ashes is found to have a remarkable effect on P fertilizer quality while coâgasification of sludge and straw in LTâCFB gasifiers in general seem to provide a better ash fertilizer than monoâsludge gasification. Assessment of the influence of the thermal process on the fertilizer quality of the ashes is studied with chemical sequential extraction and scanning electron microscopy to identify changes in P association induced by different thermal treatments. Changes in P fertilizer quality as function of incubation time and as function of changes in the particle size distribution of the ash substrate is also discussed.In the last part of the study, the results from the previous chapters are combined in an assessment of the possibilities to produce controlled release fertilizers and contextâspecific designer fertilizers in systems encompassing thermal conversion of secondary resources. A discussion about burden shifting in such management systems is also introduced and results are analyzed from two life cycle assessment case studies comparing sewage sludge gasification in centralized LTâCFB gasifiers with the current practice of direct application of sludge on farm soil. The results indicate a substantial improvement of the LTâCFB scenario compared to the reference case with regard to a reduced impact on climate change and reduced toxicity of the P fertilizer.Based on this work it is concluded that there is a profound potential for optimizing the management of sewage sludge â and most likely also many other secondary resources, by applying the proper thermal processes. With a good match between fuel characteristics, process design and end use of the produce dash and gas products, such a system can be setup to encompass full utilization of the energy potential in the resource and simultaneously produce high quality fertilizers. LTâCFB gasification is in many respects a very promising platform for this purpose combining flexibility in fuels and products and high energy efficiency. Coâgasification of sewage sludge and cereal straw is found to produce very high quality thermally purified P fertilizers, and the potential benefits of fuel mixing needs to be further examined
After the allocation : what role for the special drawing rights system?
In August 2021, the IMF made a new SDR allocation to help ease pandemic-induced financial strains in the Global South. This paper assesses the potential of the SDR system to address debtrelated problems in global finance. We analyze the SDR system as a web of interlocking balance sheets whose members can use SDR holdingsâthe systemâs tradable assetsâfor conversion into usable currency as a perpetual low-interest loan or to make payments to each other. Using original IMF data, we study how the system has been practically used since 1990. Though widely perceived as a solution in search of a problem in the post-Bretton Woods era, we find that the SDR system provides three mechanisms through which IMF members borrow and lend usable currency to each other, with different strings attached: first, transactions by agreement; second, the IMFâs core lending facilities for which the SDR system offers additional resources; and third, IMF-sponsored Trusts which seek to harness the SDR system for development purposes and are the basis for the current idea of âvoluntary channelingâ. Overall, given the SDR systemâs idiosyncratic accounting rules, the new allocation can improve the liquidity position of a country and offer some limited avenues for sovereign debt restructuring but comes with new interest and exchange rate risks. Voluntary channeling cannot happen without a wealth transfer, neither the SDR allocation nor the use of Trusts can overcome this problem. Still, Trusts can be a useful instrument to help with debt forgiveness and to ensure that borrowed funds are used for their intended purpose
International monetary hierarchy through emergency US-dollar liquidity : a key currency approach
The notion that the international monetary system is hierarchical has become increasingly common, but the nature, causes, and shape of international monetary hierarchy remain vague. In this article, we develop a monetary theory of international hierarchy based on the âkey currencyâ approach. We perceive the international monetary system as a world-spanning payment system that is inherently hierarchical because it needs central nodes for clearing and settlement. The centrality of the US-Dollar (USD) as global key currency places the US at the apex and makes the Federal Reserve (Fed) the systemâs hierarchically highest institution. Other monetary jurisdictions are pushed into peripheral positions and rely on both using and creating USD-denominated credit money instruments âoffshore.â Based on this approach, we explain international monetary hierarchy through different mechanisms to supply emergency USD liquidity from the Fed to non-US central banks. Currently, there are three different public mechanisms for non-US central banks to access the Fedâs balance sheet and attain emergency USD liquidity. The first-layer periphery may receive emergency USD liquidity via the Fedâs central bank swap lines. The second-layer periphery can make use of the Fedâs new repo facility for Foreign and International Monetary Authorities to access emergency USD liquidity. The residual mechanism for the third-layer periphery to access emergency USD liquidity is the Special Drawing Rights system, administered by the International Monetary Fund, in which the Exchange Stabilization Fund acts as gatekeeper for the Fed
The hierarchy of the offshore US-dollar system : on swap lines, the FIMA repo facility and special drawing rights
Published February 2021This study conceptualizes international monetary hierarchy by focusing on different mechanisms to supply emergency US-Dollar (USD) liquidity from the Federal Reserve (Fed) to non-US central banks. To this end, it takes on board insights of critical macrofinance and develops a model of the global financial architecture as a web of interlocking balance sheets
Are We There Yet? Simple Language Implementation Techniques for the 21st Century
Research on language implementation techniques has regained importance with the rise of domain-specific languages (DSLs). Although DSLs can help manage a domainâs complexity, building highly optimizing compilers or virtual machines is rarely affordable. So, performance remains an issue. Ideally, you would implement a simple interpreter and still be able to achieve acceptable performance. RPython and Truffle are implementation techniques based on simple interpreters; they promise to perform at the same order of magnitude as highly optimizing virtual machines. This case study compares the two techniques to identify their similarities, weaknesses, and areas for further research
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