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Technical Report | Mechanical Engineering | India | Volume 13 Issue 10, October 2024 | Popularity: 5.2 / 10

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Monetization of Stranded & Flare Gas

Abhishek Sharma

Abstract: As global energy demands continue to escalate, the dependence on fossil fuels remains a critical factor in exacerbating environmental degradation, particularly through the emission of greenhouse gases. Conventional gas refuelling systems, which cater to both the transportation and stationary energy sectors, have become antiquated in their design, resulting in significant inefficiencies and perpetuating unsustainable environmental practices. This paper presents an in-depth exploration of advanced optimization strategies for gas refuelling solutions aimed at fostering a more sustainable and environmentally responsible future. The study begins by thoroughly examining the environmental and economic ramifications of traditional refuelling infrastructures, highlighting key inefficiencies and their substantial contributions to global pollution levels. It also underscores the urgent need for a transition to cleaner technologies. The paper delves into emerging alternatives, such as the use of hydrogen, biogas, and other renewable energy sources, which offer promising pathways to reduce dependency on fossil fuels and mitigate harmful emissions. Moreover, critical optimization methodologies are analysed in detail, including the application of data-driven management systems, state-of-the-art fuel delivery technologies, and energy recovery processes. These innovations demonstrate considerable potential in enhancing refuelling efficiency, lowering operational costs, and significantly reducing environmental footprints. The integration of these advanced systems with existing infrastructures is examined to provide a holistic understanding of how these solutions can contribute to achieving global sustainability goals. In light of evolving international regulatory frameworks, this paper also highlights the pivotal role of policy intervention and technological innovation in driving the adoption of cleaner and more efficient refuelling systems. A series of case studies is presented to showcase real-world implementations, including the optimization of liquefied natural gas (LNG) refuelling processes and the deployment of hydrogen refuelling stations. These case studies illustrate the tangible benefits of adopting optimized refuelling systems, providing valuable insights into their scalability and long-term viability. The paper concludes by offering strategic recommendations for future research and development initiatives aimed at advancing sustainable refuelling infrastructures. By advocating for the integration of renewable energy sources into refuelling systems and promoting cross-sector collaboration, this paper argues that such advancements are essential for the transition to a cleaner, more sustainable energy future.

Keywords: sustainable refueling, renewable energy, fossil fuel alternatives, hydrogen refueling, environmental optimization

Edition: Volume 13 Issue 10, October 2024

Pages: 666 - 676

DOI: https://www.doi.org/10.21275/SR241006134022

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