Background:
- Coal to Liquids
- Technology Developed by the Germans
- Coal + 02 + H2O -> CO + H2
Technical and Economic Studies
- System Studies
- Technology improvements
- Various alternative feedstocks(coal, natural gas, biomass)
- Economic conditions(feed and product prices, operating and capital costs)
Breakeven Concept
what does a Parameter?
What does a parameter have to be for the economic to just be favorable?
EXAMPLE:
- Have a job
- Flat screen TV
- ASK: What price of TV can you afford? What does you in come have to be?
Technoeconomic Model
Conceptual Design
- Site
- Technology
- Environmental impact
- Mass and energy balances
- Financial analysis
BE parameters
- Volume and price of feed and products
- Operating costs
- Capital costs
