You need JavaScript to view this

Survey report for fiscal 1993 on development of coal and brown coal liquefaction technologies. Part 2. Survey of economic efficiency of brown coal liquefaction process; 1993 nendo sekitan ekika gijutsu kaihatsu kattan ekika gijutsu no kaihatsu chosa hokokusho. 2. Kattan ekika process no keizaisei chosa

Abstract

Financial assessment is carried out by estimating the liquefaction product cost (selling price) at which the predetermined rate of return on investment is to be earned, which is calculated by the DCF (discount cash flow) method. The cash flow is determined from the net after taxes for each business year, and the balance after the subtraction of long- and short-term borrowings is converted to the present worth as of the operation commencement year at the predetermined discount rate, and a total is calculated for the period. When the difference between the total and the equity does not vanish, the coal liquid selling price is changed, and this process is repeated until the difference vanishes. If a 20% reduction in the plant construction cost is feasible, the coal liquefaction product will be competing with the crude oil in the market in around 2030. Although the financial analysis is a profitability analysis from the fund providers' viewpoint, the benefit as seen from the project siting country needs to be assessed by an economic analysis, and probabilities are that, in the presence of great profits, the project will materialize if the two are found to earn more than average after the profits are  More>>
Authors:
"NONE"
Publication Date:
Mar 01, 1994
Product Type:
Technical Report
Report Number:
JP-NEDO-010017751
Resource Relation:
Other Information: PBD: Mar 1994
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; COAL LIQUEFACTION; BCL PROCESS; ECONOMIC ANALYSIS; INVESTMENT; PROFITS; PRICES; COAL LIQUIDS; PRESENT WORTH METHOD; CAPITAL; PETROLEUM; COMPETITION; ECONOMICS; FEASIBILITY STUDIES
OSTI ID:
20123803
Research Organizations:
New Energy and Industrial Technology Development Organization, Tokyo (Japan)
Country of Origin:
Japan
Language:
Japanese
Other Identifying Numbers:
TRN: JN0040915
Availability:
Available to ETDE participating countries only(see www.etde.org); commercial reproduction prohibited; OSTI as DE20123803
Submitting Site:
NEDO
Size:
[300] pages
Announcement Date:

Citation Formats

Survey report for fiscal 1993 on development of coal and brown coal liquefaction technologies. Part 2. Survey of economic efficiency of brown coal liquefaction process; 1993 nendo sekitan ekika gijutsu kaihatsu kattan ekika gijutsu no kaihatsu chosa hokokusho. 2. Kattan ekika process no keizaisei chosa. Japan: N. p., 1994. Web.
Survey report for fiscal 1993 on development of coal and brown coal liquefaction technologies. Part 2. Survey of economic efficiency of brown coal liquefaction process; 1993 nendo sekitan ekika gijutsu kaihatsu kattan ekika gijutsu no kaihatsu chosa hokokusho. 2. Kattan ekika process no keizaisei chosa. Japan.
1994. "Survey report for fiscal 1993 on development of coal and brown coal liquefaction technologies. Part 2. Survey of economic efficiency of brown coal liquefaction process; 1993 nendo sekitan ekika gijutsu kaihatsu kattan ekika gijutsu no kaihatsu chosa hokokusho. 2. Kattan ekika process no keizaisei chosa." Japan.
@misc{etde_20123803,
title = {Survey report for fiscal 1993 on development of coal and brown coal liquefaction technologies. Part 2. Survey of economic efficiency of brown coal liquefaction process; 1993 nendo sekitan ekika gijutsu kaihatsu kattan ekika gijutsu no kaihatsu chosa hokokusho. 2. Kattan ekika process no keizaisei chosa}
abstractNote = {Financial assessment is carried out by estimating the liquefaction product cost (selling price) at which the predetermined rate of return on investment is to be earned, which is calculated by the DCF (discount cash flow) method. The cash flow is determined from the net after taxes for each business year, and the balance after the subtraction of long- and short-term borrowings is converted to the present worth as of the operation commencement year at the predetermined discount rate, and a total is calculated for the period. When the difference between the total and the equity does not vanish, the coal liquid selling price is changed, and this process is repeated until the difference vanishes. If a 20% reduction in the plant construction cost is feasible, the coal liquefaction product will be competing with the crude oil in the market in around 2030. Although the financial analysis is a profitability analysis from the fund providers' viewpoint, the benefit as seen from the project siting country needs to be assessed by an economic analysis, and probabilities are that, in the presence of great profits, the project will materialize if the two are found to earn more than average after the profits are impartially divided. Japan's benefits and expenditures are compared and subjected to an economic analysis, and a result of 6-15% is obtained. This means that the project will realize in case EIRR (economic internal rate of return) is higher than the fund procuring cost of 11%. (NEDO)}
place = {Japan}
year = {1994}
month = {Mar}
}