SRC-II Demonstration Project. Phase zero, task number 3: deliverable number 9. Volume 1. Market assessment: market opportunity for SRC-II fuel oil
SRC-II fuel oil is potentially attractive as a fuel for generating electric power for the following reasons: (1) SRC-II fuel oil, at presently estimated costs, would be expected to be economically competitive with replacing oil in existing oil-fired boilers, fueling new oil-fired boilers in East Coast urban locations, and fueling new combined cycle combustion turbines at today's level of technology and new advanced combined cycle combustion turbines at forecasted levels of technology regardless of utility location. (2) At the projected estimate of SRC-II fuel oil costs, SRC-II fuel oil would be expected to be economically competitive in Eastern urban areas compared to other means of coal utilization for electric power generation. This includes boilers with flue gas desulfurization, with on-site or off-site sludge disposal, and coal gasification integrated with advanced combined cycle combustion turbines. (3) The SRC-II fuel oil alternatives would have the additional advantage of being an environmentally clean method of generation which would not present waste control problems at the site of electric power generation. This is especially important for the electric power generation demands of the populous East Coast region. When the above considerations are combined in a utility systems analysis with the higher reliability of simple-to-operate and maintain oil-fired generating equipment, the SRC-II fuel oil alternatives emerge having the potential to provide a lower revenue requirement to the utility system, when used in conjunction with nuclear base load power generation, by providing electric power in a broad range of load classification and for regions in addition to East Coast urban areas. The dominant economic theme is the inability of the direct use of coal alternatives to offset their higher capital and operating costs with the lower fuel cost of coal, compared to the estimated cost of SRC-II fuel oil.
- Research Organization:
- Pittsburgh and Midway Coal Mining Co., Denver, CO (USA)
- DOE Contract Number:
- ET-78-C-01-3055
- OSTI ID:
- 5820452
- Report Number(s):
- FE-3055-T1(Vol.1)
- Country of Publication:
- United States
- Language:
- English
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