project

You have received information from a High Temperature Shift catalyst vendor regarding their new higher actively catalyst. The vendor states that with the new catalyst the reactor inlet temperature can be lowered from 660 F to 575 F and that the approach to equilibrium for the shift reaction is reduced from 35 F to 15 F. Since the new catalyst results in a lower concentration of carbon monoxide at the reactor outlet, an additional benefit provided by the new catalyst is 0.5% better hydrogen recovery in the PSA unit (i.e. hydrogen recovery increases from 78% to 79%).
Assuming a Natural Gas cost of $8 per 1000 SCF (Standard Cubic Feet measured at 60 F and 14.7 psia – 1 mole of ideal gas is 379.48 SCF) , and a revenue from 650 psig Export Steam of $10 per 1000 lb, determine the cost of hydrogen production ($/1000 SCF of Hydrogen Product) using a Calculator Module for the new catalyst and the base case catalyst.

Report the cost of hydrogen production ($/1000 SCF of Hydrogen Product ) for both catalysts.
note :
this is base on a simulation project
see the image for more information, if you needed any more info let me know I will get it for you from the simulation
please show the steps of the solution

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