Renewable Energy Resources: Introduction & Economic Analysis of A Gasification Plant
Renewable Energy Resources: Introduction & Economic Analysis of A Gasification Plant
Resources
By:
• M. Faizan Aslam
• Haseeb Afzal
• Ahmad Abdul Hanan
• M. Taimoor Rana
What is Gasification
In an entrained flow
reactor the feed fine fuel
(0.1–1 mm particles) and
the gasifying agent are
injected in co-current
(Fig. 6). The gasifier
operates at high
temperatures (1300–1500
°C) and pressures (25–30
bar) and water slurries or
dry feeds can be used
as raw material.
Fixed Bed Reactor
Operational Cost $
Operating Cost
Capacity Factor×6,878,760kcal×8,760hr / year
4000000
Return of Investment vs Number of Years
3000000
2000000
1000000
0
0 5 10 15 20 25 30
-1000000
-2000000
-3000000
-4000000
Cost of Electricity Generation
Economic Analysis $
Expected Life 30
NPV $32,730
IRR 17.10%