Business venture-analysis case study relating to the manufacture of gas turbines for the generation of utility electric power. Volume II. Private sector and public sector venture studies. Final report. [Use of coal gasifier with combined gas and steam system]
Increasing national attention is being directed toward the search for clean, efficient, and reliable energy-conversion systems, capable of using abundant indigenous fuels such as coal, for generation of utility electric power. A prime candidate in this area is the combined gas and steam (COGAS) system employing a high-temperature gas turbine with a steam-turbine bottoming cycle, fed by a coal gasifier. This program demonstrates the use of a logical and consistent venture-analysis methodology which could also be applied to investigate other high-technology, energy-conversion systems that have yet to reach a state of commercialization but which are of significant interest to the U.S. Government. The venture analysis was performed by using a computer to model the development, production, sales, and in-service development phases of programs necessary to introduce new gas turbines in COGAS systems. The simulations were produced in terms of estimated cash flows, rates of returns, and risks which a manufacturer would experience. Similar simulations were used to estimate public-sector benefits resulting from the lower cost of power and improved environment gained from the use of COGAS systems rather than conventional systems. The study shows that substantial social benefits could be realized and private investment would be made by the gas-turbine manufacturers if an infusion of external funds were made during key portions of the gas-turbine development program. It is shown that there is substantial precedent for such public assistance to make possible economic and environmental benefits that otherwise would not be possible. 42 references.
- Research Organization:
- United Technologies Research Center, East Hartford, Conn. (USA)
- DOE Contract Number:
- EX-77-C-01-2483
- OSTI ID:
- 6799355
- Report Number(s):
- APAE-2483-7(Vol.2); R-78-952907-7(Vol.2)
- Country of Publication:
- United States
- Language:
- English
Similar Records
Venture analysis case study of combined gas and steam power systems for the generation of utility electric power. Fifth technical progress report, October 16, 1977--November 15, 1977
Venture analysis case study of combined gas and steam power systems for the generation of utility electric power. Fourth technical progress report, September 16, 1977--October 15, 1977
Related Subjects
POLICY AND ECONOMY
20 FOSSIL-FUELED POWER PLANTS
COAL GASIFICATION
COMBINED-CYCLE POWER PLANTS
GAS TURBINES
ECONOMIC ANALYSIS
MANUFACTURING
POWER GENERATION
BOTTOMING CYCLES
COST BENEFIT ANALYSIS
ELECTRIC UTILITIES
ENVIRONMENTAL IMPACTS
EVALUATION
FEDERAL ASSISTANCE PROGRAMS
FINANCIAL INCENTIVES
INVESTMENT
OPEN-CYCLE SYSTEMS
PROGRAMMING
RISK ASSESSMENT
SIMULATION
SOCIAL IMPACT
STEAM
TECHNOLOGY UTILIZATION
TOPPING CYCLES
ECONOMICS
GASIFICATION
POWER PLANTS
PUBLIC UTILITIES
THERMAL POWER PLANTS
THERMODYNAMIC CYCLES
TURBINES
TURBOMACHINERY
296001* - Energy Planning & Policy- Electric Power Generation- (-1989)
200102 - Fossil-Fueled Power Plants- Power Cycles