Liquid methanol energy storage technology

The paper presents technologies currently being developed for methanol production and its applications. Particular attention was paid to energy storage technology in the form of “renewable” methanol, which is produced from hydrogen generated from surplus energy from renewable energy sources and from captured CO2. The global methanol market was characterized, i.e. global demand, major producers and global demand for products made from methanol. The installation of methanol production and purification with stoichiometry as well as the methodology for assessing the efficiency of such an installation are also presented. The results of the analysis of such an installation were discussed in accordance with the methodology given.