|
EXECUTIVE SUMMARY |
| |
Executive Summary |
ES-1 |
| |
|
INTRODUCTION |
|
I |
Background |
1 |
| |
1.1 |
Introduction |
1 |
|
1.2 |
Contract Overview |
2 |
| |
|
EXPERIMENTAL |
|
II |
Methodology |
8 |
| |
II.1 |
The Wabash River Repowering Project |
8 |
|
II.2 |
Optimization Methodoly |
9 |
|
II.3 |
Availability Analysis |
9 |
|
II.4 |
Commodity Pricing |
11 |
|
II.5 |
Financial Analysis |
13 |
| |
|
RESULTS AND DISCUSSION |
|
III |
Task 1 Gasification Plants |
14 |
| |
III.1 |
Wabash River Greenfield Plan |
14 |
|
III.2 |
Petroleum Coke IGCC Coproduction Plant |
15 |
|
III.3 |
Optimized Petroleum Coke IGCC Coproduction Plan |
15 |
|
III.4 |
Next Optimized Petroleum Coke IGCC Coproduction
Plant |
16 |
|
III.5 |
Advanced IGCC Coal Power Plant |
17 |
|
III.6 |
Single Train Coal and Coke IGCC Power Plants |
17 |
|
III 7 |
Nominal 1,000 MW Coal IGCC Power Plant |
18 |
|
III 8 |
Coal to Hydrogen Plant |
19 |
|
IV |
Task 2 Gasification Coproduction Plants |
23 |
| |
IV.1 |
Non-Optimized Coke Gasification Power Plant with
Liquids Coproduction |
23 |
|
IV.2 |
Optimized Coke Gasification Power Plant with Liquids
Coproduction |
24 |
|
IV.3 |
Optimized Coal Gasification Power Plant with Liquids
Coproduction |
25 |
|
V |
Emissions |
28 |
|
VI |
Financial Results |
31 |
| |
VI.1 |
Introduction |
31 |
|
VI.2 |
Petroleum Coke IGCC Coproduction Plants |
31 |
|
VI.3 |
Coal and Petroleum Coke IGCC Power Plants |
35 |
|
VI.4 |
Coal to Hydrogen Plant |
40 |
|
VI.5 |
Petroleum Coke IGCC Power Plants with Liquids
Coproduction |
41 |
|
VI.6 |
Coal IGCC Power Plant with Liquids Coproduction |
45 |
| |
|
CONCLUSION |
|
VII |
Summary, Conclusions and Recommendations |
50 |
| |
VII.1 |
Summary |
50 |
|
VII.2 |
Conclusions |
55 |
|
VII.3 |
Recommendations |
56 |
| |
|
REFERENCES |
|
VIII |
References |
57 |
|
IX |
List of Acronyms and Abbreviations |
58 |
|
X |
Acknowledgements |
61 |
| |
|
LIST OF TABLES |
|
I.1 |
Task 1 Coal and Coke Gasification Plant Case
Summaries |
5 |
|
I.2 |
Task 2 Coal and Coke Gasification Plant Case
Summaries |
6 |
|
II.1 |
Basic Economic Parameters |
12 |
|
VI.1 |
Comparison of the Subtask 1.2 and Subtask 1.3
Petroleum Coke IGCC Coproduction Plants |
33 |
|
VI.2 |
Design and Daily Average Feed and Product Rates for
the Subtask 1.1, 1.4 1.5A and 1.6 Coal IGCC Power Plants |
37 |
|
VI.3 |
Design and Daily Average Feed and Product Rates for
the Subtask 1.5A Coal and Subtask 1.5B Coke IGCC Power Plants |
38 |
|
VI.4 |
Return on Investment and Required Power Selling
Prices for the Subtask 1.3 Next Plant, Subtask 2.1 and Subtask 2.2 |
43 |
|
VI.5 |
Required Power Selling Prices for the Subtask 1.6
Power Plant and the Subtask 2.3 Optimized Coal Gasification Power
Plant with Liquids Coproduction with and without Backup Natural Gas |
47 |
| |
| LIST OF FIGURES |
|
I.1 |
Schematic Diagram Showing the Chronological
Development of the Gasification Plant Designs |
7 |
|
III.1 |
Subtask 1.1 Wabash River Greenfield Plant -
Simplified Block Train Diagram |
20 |
|
III.2 |
Subtask 1.2 Petroleum Coke IGCC Coproduction Plant -
Simplified Block Train Diagram |
20 |
|
III.3A |
Subtask 1.3 Optimized Petroleum Coke IGCC
Coproduction Plant - Base Case Simplified Block Train Diagram |
20 |
|
III.3B |
Subtask 1.3 Optimized Petroleum Coke IGCC
Coproduction Plant - Minimum Cost Case - Simplified Block Train
Diagram |
21 |
|
III.3C |
Subtask 1.3 Optimized Petroleum Coke IGCC
Coproduction Plant - Spare Train Case - Simplified Block Train
Diagram |
21 |
|
III.4 |
Subtask 1.3 Next Optimized Petroleum Coke IGCC
Coproduction Plant - Simplified Block Train Diagram |
21 |
|
III.5 |
Subtask 1.4 Advanced IGCC Coal Power Plant -
Simplified Block Train Diagram |
22 |
|
III.6 |
Subtask 1.5 Single-Train Coal or Coke IGCC Power
Plant - Simplified Block Train Diagram |
22 |
|
III.7 |
Subtask 1.6 Nominal 1,000 MW Coal IGCC Power Plant -
Simplified Block Train Diagram |
22 |
|
III.8 |
Subtask 1.7 Coal to Hydrogen Plant - Simplified
Block Train Diagram |
22 |
|
IV.1 |
Subtask 2.1 Coke Gasification Power Plant with
Liquids Coproduction |
26 |
|
IV.2 |
Subtask 2.2 Optimized Coke Gasification Power Plant
with Liquids Coproduction |
27 |
|
IV.3 |
Subtask 2.3 Optimized Coal Gasification Power Plant
with Liquids Coproduction |
27 |
|
VI.1 |
Design and Daily Average Coke Consumptions for
Subtask 1.2 and Subtask 1.3 Petroleum Coke IGCC Coproduction Plants |
34 |
|
VI.2 |
Return on Investment vs. Power Selling Price for the
Subtask 1.2 and Subtask 1.3 Petroleum Coke IGCC Coproduction Plants |
34 |
|
VI.3 |
Return on Investment vs. Power Selling Price for the
Subtask 1.1, 1.4, 1.5A and 1.6 Coal IGCC Power Plants |
39 |
|
VI.4 |
Effect of Syngas Availability on the Required Power
Selling Price for a 12% Return on Investment for the Subtask 1.6
Coal IGCC Power Plant |
39 |
|
VI.5 |
Return on Investment vs. Hydrogen selling Price for
the Subtask 1.6 Coal to Hydrogen Plant |
40 |
|
VI.6 |
Effect of Hydrogen Availability on the Required
Hydrogen Selling Price for a 12% Return on Investment for the
Subtask 1.6 Plant |
41 |
|
VI.7 |
Return on Investment vs. Power Price for the Subtask
2.1 [Non-optimized] and Subtask 2.2 Optimized Coke Gasification
Power Plants with Liquids Coproduction and the Subtask 1.3 next
Optimized Petroleum Coke IGCC Coproduction Plant |
44 |
|
VI.8 |
Return on Investment vs. Power Price Showing the
Effect of the Liquids Price for the Subtask 2.2 Optimized Coke
Gasification Power Plant with Liquids Coproduction |
44 |
|
VI.9 |
Return on Investment vs. Syngas Availability for the
Subtask 2.1 [Non-optimized] and Subtask 2.2 Optimized Coke
Gasification Power Plants with Liquids Coproduction and the Subtask
1.3 Next Optimized Petroleum Coke IGCC Coproduction Plant |
45 |
|
VI.10 |
Return on Investment vs. Power Price for the Subtask
2.3 Optimized Coal Gasification Power Plant with Liquids
Coproduction and the Subtask 1.6 Nominal 1,000 MW Coal IGCC Power
Plant |
48 |
|
VI.11 |
Return on Investment vs. Power Price Showing the
Effect of the Liquids Price for the Subtask 2.3 Optimized Coal
Gasification Power Plant with Liquids Coproduction and the Subtask
1.6 Coal IGCC Power Plant |
48 |
|
VI.12 |
Effect of Syngas Availability on the Required Power
Selling Price for a 12% Return on Investment for the Subtask 2.3
Optimized Coal Gasification Power Plant with Liquids Coproduction
and the Subtask 1.6 Power Plant |
49 |
