Assessment of the costs of producing cogenerated electricity in the enhanced oil recovery industry

Technical Report · Mon Mar 01 04:00:00 EST 1982

OSTI ID:6076160

The purpose of this study is to determine the costs of cogenerated electricity produced by systems using oil and gas and to compare these costs with the costs of a new utility baseload coal-fired power plant. In conducting this study, three main tasks were carried out. First, researchers characterized the cogeneration and corresponding noncogeneration systems to be addressed in this study. For each cogeneration and corresponding noncogeneration system alternative, technical performance and economic performance were specified. Next the regulatory/financial assumptions necessary to determine the levelized annual costs of cogenerated electricity, including costs of capital, property tax rates, income tax rates, and investment tax credit rates were developed. Finally, in determining the cost of producing cogenerated electricity, the stability of the estimates were evaluated by defining scenarios. Analytical results are discussed separately for the two basic cogeneration system configurations addressed in this study: combustion turbine/heat recovery boiler fueled by natural gas; and gasifier/combustion turbine/heat recovery boiler fueled by heavy crude oil. Findings show that it is unlikely that small crudeoil gasifier combustion turbine systems will be installed in EOR applications. Thus, with industry ownership, the natural gas-fired combustion turbine with a waste-heat recovery boiler is more likely to be used in most steam EOR applications.

• Research Organization: Hagler, Bailly and Co., Washington, DC (USA)
• DOE Contract Number: AC01-79PE70041
• OSTI ID: 6076160
• Report Number(s): DOE/PE/70041-T1; ON: DE83011528
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
20 FOSSIL-FUELED POWER PLANTS
200106 -- Fossil-Fueled Power Plants-- Economics
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
BOILER FUELS
COGENERATION
COMPARATIVE EVALUATIONS
COST
DEUS
ECONOMIC ANALYSIS
ECONOMICS
ENERGY RECOVERY
ENERGY SOURCES
ENERGY SYSTEMS
ENHANCED RECOVERY
FLUID INJECTION
FLUIDS
FOSSIL FUELS
FOSSIL-FUEL POWER PLANTS
FUEL GAS
FUELS
GAS FUELS
GASES
GEOLOGIC DEPOSITS
HEAT RECOVERY
LEGAL ASPECTS
MACHINERY
MINERAL RESOURCES
NATURAL GAS
OIL FIELDS
OIL WELLS
PERFORMANCE
PETROLEUM
PETROLEUM DEPOSITS
POWER GENERATION
POWER PLANTS
RECOVERY
RESOURCES
STEAM GENERATION
STEAM INJECTION
THERMAL POWER PLANTS
THERMAL RECOVERY
TURBINES
TURBOMACHINERY
WELLS