by Tanada » Sun 27 Apr 2008, 07:44:17
I do find myself wondering what the true cost of Coal to Liquid fuels is. The oft repeated figure I have seen is Lignite to Diesel at 2 bbl/ton yeild ratio. Lignite is a lousy fuel for power plants, very low density compared to harder coal types. Heck half the time it looks like solidified brown mud! According to the EIA
TABLE Lignite was selling for $12.07/ton in 2006. Because Lignite is one of those stable comodities that doesn't bounce around a lot in price and is rarely if ever exported because nobody uses it unless they can get it dirt cheap. Hell it costs me more than that for fill dirt if I have a home improvement project!
Anyhow, presuming the Federal Governement, meaning the taxpayers, foot the bill to build CTL plants near all the Lignite resources int he USA so that the operator has no initial capital investment, how much money could they make? From that number you can figure out how much they can afford to invest in building the plants, assuming the Taxpayer are not actually going to do the building.
Any educated guesses? Pupp, Dante?
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.