How to sell coal without penalties
The total heat content of a coal shipment is a constant, not a variable quantity. This provides the cornerstone of a fundamentally sound concept that could replace the conventional as-received Btu concept. It is the CEC Btu concept, the Constant Energy Content, to distinguish it from the conventional as-received Btu concept. There are several major advantages of the CEC Btu concept: It denies the fallacies of conventional as-received Btu concepts and will thus diminish the potentials for error arising out of such misconceptions as well as avoid the pyschological handicap of penalty thinking. It should simplify reaching agreement on price and quality. It provides the opportunity for buyer and seller to share equitably in the costs of transporting the non-commodity water in a way that is readily observable and accountable. It places correct emphasis on the need for weighing and sampling the coal simultaneously enough to preclude material change in moisture content between the two events. It should not be difficult to implement because the means in many cases are at hand, it requires no change in laboratory analysis or reporting of results and evaluation of competitive values on a cost per million Btu basis is already common practice.
- Research Organization:
- Fuel Engineering Co., New York
- OSTI ID:
- 7305604
- Journal Information:
- Coal Age; (United States), Vol. 82:6
- Country of Publication:
- United States
- Language:
- English
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