@inbook{64162c8e131340969ff384e3a947315c,
title = "State of the Art Flexibility Analysis for Natural Gas Monetization Production Processes Under Uncertainties",
abstract = "The increased demand for cleaner energy resources places a significant emphasis on monetizing natural gas into value-added products such as liquified natural gas (LNG), ammonia and power to target different market needs. Despite the estimated growth in the demand for the different cleaner energy resources, each monetization process is subject to market uncertainties induced by global events such as pandemics, energy crises and supply chain disruptions. In this context, this study considers a promising strategic approach to investigate the economic profitability of embedding production flexibility in three natural gas monetized products (i.e., LNG, ammonia and power) subject to forecasted demand and price, and technical flexibility of each process (upper and lower production limits). The results provide decision-makers with a systematic approach to assess the economic and technical aspects of a flexible integrated LNG, ammonia, and power plant design in today's turbulent markets.",
keywords = "Flexibility, LNG, ammonia, natural gas monetization, uncertainty",
author = "Noor Yusuf and Ahmed AlNouss and Tareq Al-Ansari",
note = "Publisher Copyright: {\textcopyright} 2023 Elsevier B.V.",
year = "2023",
month = jan,
doi = "10.1016/B978-0-443-15274-0.50257-2",
language = "English",
series = "Computer Aided Chemical Engineering",
publisher = "Elsevier B.V.",
pages = "1615--1621",
booktitle = "Computer Aided Chemical Engineering",
address = "Netherlands",
}