by pup55 » Wed 18 Aug 2004, 11:23:02
a. The mass and energy balances are presented on page 6.
b. I know what you are thinking. I suppose you could make the argument that in exchange for 3.6 mm btu/hr of external energy, plus a big pile of free turkey guts, you get 99.5 mm btu of "oil" out the other end. Of course, this would assume that the mountain of turkey guts was magically plopped down outside your plant at no energy cost, or other cost to you, which in this case, is exactly what is happening.
c. Leanan and Smiley may wish to check the calculation, though. If you take 210 tons per day (17,500 lbs/hr) of total feed stuff, mostly water and turkey guts, and heat it up from ambient temperature to 400F for the first stage of the process it "should" take 5.8 MM BTU/hr just to get it up to first stage temperature. At that point, they flash off the water and take the remaining goo (5800 lbs/hr) up to 900F to crack it. This "should" take approximately another 3 million BTU/hr. Maybe they are experts at recapturing the heat and using it in the plant. Somebody can tell me whether this is typical for normal refinery-type equipment energy retention. Alternately, they have defied one of the laws of thermodynamics.
d. Maybe these guys can make money at this, if oil gets expensive enough, and they can keep their plant running every day. This $20 million plant is supposed to be capable of producing 182,000 barrels of oil per year plus other by-products. If they finance the plant (8.5 interest) annual financing per barrel would be about $8.00, annual plant depletion (15-year life) would be about $7.30 per barrel. Maybe they have 15 employees in their plant, making $25,000 per year, another $2.05 per barrel. If the 3.6 MM BTU per hour in electricity coming in is converted to KW, at a rate of 7 cents per KWH this is about $3.50 in electricity per barrel. Net water use, assuming recycling most of it would be only about 19 gallons per barrel, at 5 cents per gallon (industrial rate) only about another buck, so all told, about $23 per barrel, give or take. If Matt Simmons invests in this, maybe I will think about it.
e. Much more interesting to read the blurbs on the website about the officers. The "CEO"/front man is a former basketball player, and former salesman for Russell Stover Candies. His main contribution to this effort appears to be to tap into the government/corporate mammary gland, including the Feds, EPA, State of Missouri, and ConAgra to get subsidies and grants to build this plant and keep the officers around long enough to debug the process. They have hired a "military advisor", Mr. R. J. Woolsey, former director of the CIA. This is evidently helpful in opening up doors, etc. on the schmoozing front. There is a nice picture of the CEO next to your president at one of these Chamber of Commerce meetings. One would not be terribly surprised to see some of this grant money "recycled" back into the administration plus local politicians in Missouri and elsewhere in the form of "campaign contributions", but I of course do not have any direct evidence of this. (I will, however, check into it.)
f. It might work. I will keep an open mind, and keep upwind of this, and wait for more information.