Petroleum and Chemical Industry International(PCII)

Athens University of Economics and Business Patision 76 Gr-104 34 Athens, Greece

Publications

• Research Article   
  Stochastic Modeling and Techno-Economic Evaluation of Renewable Energy Integration in Petrochemical Processes
  Author(s): Paraschos Maniatis* Athens*
  
  The petrochemical industry, a cornerstone of modern economies, faces increasing pressure to decarbonize its operations due to environmental concerns and evolving regulatory landscapes. Integrating renewable energy sources (RES) into these energy-intensive processes offers a promising pathway towards sustainability. However, the inherent variability and intermittency of RES, coupled with the complex and continuous nature of petrochemical production, introduce significant challenges and uncertainties. This research paper presents a comprehensive stochastic modeling framework for the techno-economic evaluation of renewable energy integration in petrochemical processes. We employ advanced statistical methods, including Monte Carlo simulations and scenario analysis, to quantify the impact of uncertainties associated with renewable energy availability, energy market fluctuations, .. Read More»
  

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