Moving Gasification s Topics • Acquisition of CVX Worldwide Gasification • GE plans for...
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Edward Lowe General Manager Gasification and Product Line Management Moving Gasification Forward GE Energy
Transcript of Moving Gasification s Topics • Acquisition of CVX Worldwide Gasification • GE plans for...
Edward LoweGeneral Manager
Gasification andProduct Line Management
Moving Gasification Forward
GE Energy
Today’s Topics
• Acquisition of CVX Worldwide Gasification
• GE plans for gasification business
• IGCC as a coal power solution— Commercialization— Economics
GE Acquisition of Chevron Texaco Gasification Business
May 11, 2004• GE announced intent to purchase
CVX Worldwide Gasification Technology
June 30, 2004• GE acquisition of CVX Worldwide
Gasification Technology closes
• Chemical / refinery process applications• Integrated gasification combined cycle
(IGCC) power production• Polygen – chemical production plus power
GE Gasification Technology
ChevronTexaco Gasification …The Industry Leader
• Global Leader in Gasification Since 1948,
Over 130 Plants Licensed in Last 52 Years• Multiple Designs for Specific Chemical &
Power Applications
• First Oil Gasification Plant in 1956, First Coal Gasification Plant in 1978
• More Than Sixty Commercial Gasification Plants Now Operating
Our Focus… Invest and Grow!
Core:• Chemical & Refining Licensing Business• Enhanced Customer Face - Services & Product
Supply• Operations Excellence To Deliver On
Commitments
Long Term Growth:• IGCC - Grow From License Offering to Product
Offering
Gasification for chemical & refinery uses• Promote gasification technology & advantages of GE
gasification
• Cooperate with local partners to penetrate chemical,
refinery and polygen applications
• Enhance operations at existing facilities
Improve capital cost, operating cost & RAM
• Design for six sigma rigor
• New product introduction & multi-generation product plan
for gasifier & gasifier components
GASIFICATION BLOCK
Alternatives:• Asphalt• Coal• Heavy Oil• Petroleum Coke• Orimulsion• Natural Gas• Wastes
Alternatives:• Hydrogen• Ammonia• Chemicals• Methanol• Fischer-Tropsch
Liquids (zero sulfur diesel)Sulfur
SulfurRemoval
Syngas
Slag
Gasifier
Oxygen
MarketableByproducts:
POWER BLOCK
IGCC Process
IGCC PC
Capital costs D B
Emissions A C
Heat Rate B B
O&M costs D C
RAM D B
Guarantees & warranties D A
Regulatory horizon B D
Competitive COE C B
Consolidated Customer Assessment
Current Coal Options Assessment
3.94
Low sulfur coals favored
40%
0.01
0.04
0.03
$1,225
SCPC
All coals plus liq. & solid opportunity fuelsFeedstocksFuel Flexibility
4.22¢/kWHrCOE (1st year)
40%% HHVEfficiency
0.005lb/MMBtu- PM
0.01lb/MMBtu- SO2
0.02lb/MMBtu- NOx
Emissions
$1,450$/kWCapital Cost
IGCC
Current Options
Water restrictions & air cooling521304gal/MW-hrWater
Land-bans710lb/MW-hrAsh
Cap, credit or Tax ($6- $50/ton)
-28%+73%+66%
-5%+30%+25%
kW penaltyCapital Cost
COE IncreaseCO2
NoneUseful Byproduct071lb/MW-hr
Aggregate (vitrified)
Land-bans1560lb/MW-hrSludgeSolid Waste
Contamination of PC solid waste
40%-70%
$37,800
95%
$3,412
Removal %
$/lbMercury
ConcernsSCPCIGCC
IGCC Is a Pollution Prevention Solution Capable of Meeting Future Environmental Challenges
Single point responsibility• Transition from gasification licensing business to
product business• Standard plant design for optimized performance,
cost, schedule• Responsibility from coal-to-power
Improved capital cost, operating cost & RAM• Design for six sigma rigor• Optimized system integration• New product introduction & multi-generation
product plan for gasifier & CC systems
Single point responsibility• Transition from gasification licensing business to
product business• Standard plant design for optimized performance,
cost, schedule• Responsibility from coal-to-power
Improved capital cost, operating cost & RAM• Design for six sigma rigor• Optimized system integration• New product introduction & multi-generation
product plan for gasifier & CC systems
GE’s Coal Solution Vision
PrototypeCoolwater
1984
First DemoPolk Station
1995(1989 Design)
• Licensed gasifier technology• Multi-party responsibility• Limited system integration
600MWFB GT
Optimized integration &FB GT
Redundant gasifiersInstalled base feedback
Single point responsibility
600MW IGCC Std.
Plant
$/kW
vv
2004
Efficiency
RAM
2006
Customer Acceptance
Announce 600MW Commercial Plant
COD 4Q2008
120 MW 250 MW
SOA Large Scale Technology Launch Required NOW!
FutureGen• Coal gasification technology• Combined cycle power generation• Hydrogen production• CO2 sequestration
600 MW IGCC demo• Demonstrates IGCC cost effectiveness• Demonstrates high RAM in commercial setting• Commercial operating experience reduces risk of
core FutureGen technology, enhances probability of FutureGen success
• Enhances commercial acceptance of FutureGen
A 600 MW IGCC Launch Supports the FuturegenInitiative
• Technical & commercial synergy derived by combining two key technology leaders
• Significant global chemical & refinery applications› Gasification for chemical feed stocks› Polygen for refinery upgrades
• IGCC is the best coal-to-power solution› Large scale commercial launch required NOW to
accelerate early adoption of IGCC technology
• GE commitment to sustained product development: – Capital cost– Efficiency– RAM
Summary
