Several factors influence operating costs in catalytic processes:
- Catalyst Selection: The choice of catalyst can significantly impact costs. For instance, precious metal catalysts like platinum may offer high efficiency but come at a higher price. - Raw Materials: The cost and availability of raw materials used in the catalytic process have a direct effect on operating costs. - Energy Consumption: Catalytic processes often require specific temperature and pressure conditions, influencing energy costs. - Maintenance and Downtime: Regular maintenance is essential to ensure optimal catalyst performance, and any downtime can lead to increased costs. - Waste Management: Disposal and treatment of by-products and waste materials can add to operational expenses.