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Title: Panama coal to methanol project. Phase I. Feasibility Study. Technical progress report

Technical Report ·
OSTI ID:6316206

This Technical Progress Report contains the results of the investigations performed for the Panama Coal to Methanol Project: Technical efforts associated with the gasification technology evaluation; evaluation of other related process technologies; results of the venture analyses, including the efforts made for structuring the project; results of the ongoing financial analyses and cost projections, including potential and use applications of methanol in Japan primarily for combustion turbine-combined cycle steam/electric utilization. At this time, and for the next few years, the Panama-based methanol fuel is more expensive than oil. However, when measured in terms of KWH production cost in Japan, the use of methanol fuel in combustion turbine, combined-cycle operations appears to create less expensive electric power than that produced from conventional coal direct fired operations using imported coal. This cost advantage arises from significantly lower capital costs and enhanced performance efficiencies associated with combined cycle power generators as contrasted with conventional coal plants equipped with scrubbers. Environmental and social land-use benefits are also much greater for the methanol fuel plant. The cost of electricity from a methanol-fueled combined cycle plant is also expected to compare favorably in Japan with electrical costs from a future liquefied natural gas fired plant.

Research Organization:
Ebasco Services, Inc., New York (USA)
DOE Contract Number:
AI01-83FE60334
OSTI ID:
6316206
Report Number(s):
DOE/FE/60334-T1; ON: DE86004524
Resource Relation:
Other Information: Microfiche only, copy does not permit paper copy reproduction
Country of Publication:
United States
Language:
English