Gasification Technologies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gasification Technologies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis Roth who wrote (1671)	9/21/2011 12:57:38 PM
From: jrzy	Read Replies (1) of 1740

Economics of 1RG Fischer-Tropsch Although we know that the conversion rate of natural gas energy content has been determined to be 6.3 mcf per STB of intermediate crude oil, this is a theoretical limit that cannot be achieved in practice. The well-known Second Law of Thermodynamics governs the reality that energy losses will occur in such a conversion and in doing so exacts an unavoidable “tax” on the conversion process. This tax takes several forms, but the net result is that actual conversions never meet the ideal theoretical rate. Conversion of natural gas to liquid fuel products is no exception to the Second Law of Thermodynamics. In the best embodiments of FT conversion that represent the State of the Art prior to the introduction of Portable Technology, the claimed conversion rate is in the range of 11.0 mcf/STB, broken down into 7.5 mcf of feedstock actually converted into fuel, plus an additional 3.5 mcf of natural gas required to maintain SMR heat levels. In aggregate, these conversion costs reflect a “tax” rate of almost 75% above the theoretical limit. Because the Portable Technology has not actually reached production phase, we have conservatively estimated an all-in “going concern” conversion rate of 13.6 mcf/STB for our process. Management and researchers are confident that the Portable Technology conversion rate will eventually meet and possibly exceed current State of the Art claims. At the same time, cleanliness of process, along with purity and energy density of the output product will continue to exceed all other FT processes now in operation. MORE... http://1stresourcegroup.com/index.php/investor-information/economics-of-1rg-ft-units

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next