Economics and siting of Fischer-Tropsch coal liquefaction
The capital intensity and low conversion efficiency of Fischer-Tropsch synthesis makes it noncompetitive with conventional petroleum in the midterm (e.g., 5 to 10 years) under normal economic conditions. However, if crude oil prices rise to higher levels (e.g., $25 to $30/bbl), coal liquefaction processes may prove to be economical. It appears that several other processes under development may become economically attractive before Fischer-Tropsch, although Fischer-Tropsch is the only proven commercially feasible venture at present. The above statement is subject, however, to the successful demonstration and commercialization of these alternative processes. Fischer-Tropsch, as a commercially proven process, may be called upon as a backup should petroleum shortages ensue, world oil prices continue to increase dramatically, and alternate coal liquefaction processes fail to fully develop.
- Research Organization:
- Booz, Allen and Hamilton, Inc., Bethesda, MD (USA)
- DOE Contract Number:
- ET-78-C-01-2625-009
- OSTI ID:
- 5453786
- Report Number(s):
- DOE/ET/2625-9
- Country of Publication:
- United States
- Language:
- English
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29 ENERGY PLANNING
POLICY AND ECONOMY
COAL
TRANSPORT
FISCHER-TROPSCH SYNTHESIS
ECONOMICS
SITE SELECTION
GASOLINE
COAL GASIFICATION
COAL LIQUEFACTION
COAL LIQUIDS
COMMERCIALIZATION
PETROLEUM
PRICES
REGIONAL ANALYSIS
SASOL PROCESS
WATER REQUIREMENTS
CARBONACEOUS MATERIALS
CHEMICAL REACTIONS
ENERGY SOURCES
FOSSIL FUELS
FUELS
GASIFICATION
LIQUEFACTION
PETROLEUM PRODUCTS
THERMOCHEMICAL PROCESSES
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