Economics and siting of Fischer-Tropsch coal liquefaction
The capital intensity and low conversion efficiency of Fischer-Tropsch synthesis makes it noncompetitive with conventional petroleum in the midterm (e.g., 5 to 10 years) under normal economic conditions. However, if crude oil prices rise to higher levels (e.g., $25 to $30/bbl), coal liquefaction processes may prove to be economical. It appears that several other processes under development may become economically attractive before Fischer-Tropsch, although Fischer-Tropsch is the only proven commercially feasible venture at present. The above statement is subject, however, to the successful demonstration and commercialization of these alternative processes. Fischer-Tropsch, as a commercially proven process, may be called upon as a backup should petroleum shortages ensue, world oil prices continue to increase dramatically, and alternate coal liquefaction processes fail to fully develop.
- Research Organization:
- Booz, Allen and Hamilton, Inc., Bethesda, MD (USA)
- OSTI ID:
- 5453786
- Report Number(s):
- DOE/ET/2625-9
- Country of Publication:
- United States
- Language:
- English
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01 COAL, LIGNITE, AND PEAT
010405* -- Coal
Lignite
& Peat-- Hydrogenation & Liquefaction
015000 -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294001 -- Energy Planning & Policy-- Coal
CARBONACEOUS MATERIALS
CHEMICAL REACTIONS
COAL
COAL GASIFICATION
COAL LIQUEFACTION
COAL LIQUIDS
COMMERCIALIZATION
ECONOMICS
ENERGY SOURCES
FISCHER-TROPSCH SYNTHESIS
FOSSIL FUELS
FUELS
GASIFICATION
GASOLINE
LIQUEFACTION
PETROLEUM
PETROLEUM PRODUCTS
PRICES
REGIONAL ANALYSIS
SASOL PROCESS
SITE SELECTION
THERMOCHEMICAL PROCESSES
TRANSPORT
WATER REQUIREMENTS
010405* -- Coal
Lignite
& Peat-- Hydrogenation & Liquefaction
015000 -- Coal
Lignite
& Peat-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
294001 -- Energy Planning & Policy-- Coal
CARBONACEOUS MATERIALS
CHEMICAL REACTIONS
COAL
COAL GASIFICATION
COAL LIQUEFACTION
COAL LIQUIDS
COMMERCIALIZATION
ECONOMICS
ENERGY SOURCES
FISCHER-TROPSCH SYNTHESIS
FOSSIL FUELS
FUELS
GASIFICATION
GASOLINE
LIQUEFACTION
PETROLEUM
PETROLEUM PRODUCTS
PRICES
REGIONAL ANALYSIS
SASOL PROCESS
SITE SELECTION
THERMOCHEMICAL PROCESSES
TRANSPORT
WATER REQUIREMENTS