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Conceptual design of a coal-to-methanol-to-gasoline commercial plant. Volume II. Commercial plant economic analysis, second interim final report, August 31, 1977-March 1, 1979

Technical Report ·
DOI:https://doi.org/10.2172/5702101· OSTI ID:5702101
This volume presents the economic aspects of the Coal-to-Methanol-to-Gasoline project wherein capital and product costs are addressed. To maintain a common economic datum plane with the Coal-to-Methanol Report issued in February 1978, this second Interim Final Report for the integrated coal-to-methanol-to-gasoline facility also utilizes 1977 dollars as a cost base. The total erected cost of the integrated commercial facility in 1977 dollars is estimated at $3.65 billion which equates to a calculated gasoline price of 51 cents per gallon at the plant gate, or $4.21 per million Btu. Assuming project initiation in mid-1978 (as in the Coal-to-Methanol Interim Final Report of February 1978), the integrated commercial facility could be in full operation by the end of 1986. After one full year of production, the gasoline selling price in January 1988 is calculated at 96.8 cents per gallon at the plant gate, or $7.99 per million Btu. Assuming a realistic project initiation in mid-1980, the commercial plant could be fully erected before the end of 1988. After one year of full production, the January 1990 selling price for gasoline at the plant gate would be $1.09 per gallon, or $9.00 per million Btu. Based upon project initiation in mid-1978, the $3.65 billion will be expended over an eight-year period before a salable product is produced. The inclusion of an annual escalation rate of six percent during this period increases this cost to $5,070,020,000.
Research Organization:
Badger Plants, Inc., Cambridge, MA (USA)
DOE Contract Number:
EX-76-C-01-2416
OSTI ID:
5702101
Report Number(s):
FE-2416-43(Vol.2)
Country of Publication:
United States
Language:
English