GE’s Gasification · PDF file2 GE Acquired ChevronTexaco’s Gasification Business...
Transcript of GE’s Gasification · PDF file2 GE Acquired ChevronTexaco’s Gasification Business...
GE Energy
GE’s Gasification Developments
Edward LoweGeneral Manager, Gasification
Gasification TechnologiesCouncil
October 10, 2005
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GE Acquired ChevronTexaco’s Gasification Business June 30, 2004
GE Discusses ‘Clean Coal’ Plants in Bid to Market New Technology
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GE Is Delivering Gasification Solutions WorldwideLicensing to Turnkey IGCC Plants
Electricity (IGCC) Polygeneration
Coal to Chemicals -Coal to Liquids
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Recent Successes: North America
North AmericaNorth
America
• Executed two detailed IGCC site feasibility studies
• Initiated FEED with major US utility
• Beginning FEED discussions with major US utility
• Technology license signed & engineering effort started for non-utility, coal-based IGCC plant
• Submitted detailed polygeneration (power, H2, steam) plant technical & commercial proposal
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Recent Successes: Europe & Middle East
Europe & Middle EastEurope &
Middle East
• Refinery polygeneration studies
• IGCC studies & proposals
• Process engineering for existing licensee capacity expansion
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Recent Successes: China
Orders
• Wison (Nanjing) Chemical Co., Ltd.: coal to methanol + carbon monoxide, TBC 1H 2007
• Major coal company: coal-to-methanol, TBC 1H 2007
• Shanghai Coking & Chemical Co., Ltd: coal to methanol + carbon monoxide, TBC 1H 2008
• Sinopec Qilu Company: coal/petcoke belnd to synthesis gas, TBC 2H 2008
Startups
• Sinopec Jinling Petrochemical Company: coal/petcoke blend to syngas for ammonia & hydrogen
• Shaanxi Shenmu Chemical Company, Ltd.: coal tosyngas for methanol
China
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World-Class Operating Experience
Gasification Experience Solid Fuels Only
60
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# Gasification Plants # Gasification Plants
1,132
760
1,120
Syngas Power Syngas & Power
>3 GW GE IGCC Experience
(MWs)
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GE’s Corporate Commitment to Gasification
•GE’s 2004 Annual Report
• EcomaginationSM
•Significant media presence
• Jeff Immelt global city tours
•National TV commercial
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US Energy Policy Act of 2005
Significant incentives for gasification
• IGCC 20% ITC, up to $800 MM in credits
• 80% Federal loan guarantees, advanced technology projects
• “Clean Coal Power Initiative”, $1.8B FY 2006-2014
•“Clean Power Projects”, many specific applications identified
Energy Policy Act Will Accelerate the Widespread Application of Gasification Technologies…Especially IGCC
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Multiple IGCC OfferingsIGCC Reference Plant – GE and Bechtel’s IGCC Alliance
• Structured product – nominal 630 MW
• Lower CAPEX/shorter cycle time
• Single point solution – full wrap & performance guarantees
IGCC Non-Reference Plants
• Custom IGCC power plants
• Co-production – polygen applications (power, steam, H2, methanol, FT liquids)
• Performance guarantees
• Multiple EPCs
IGCC Power Block Supply
• All gasification technologies
NGCC to IGCC Fuel Conversion Projects
• Under-utilized assets
• IGCC performance guarantees possible w/GE power blocks
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IGCC Commercial Status
2005
GE acquires CVX gasification technology
June2004
• CAPEX too high (20 - 25%)
• COE too high (+10%)
• Poor Initial RAM
•No system guarantees or warrantees – only license
• Drive technology synergies
• Provide single-point offering with strong contractual guarantees
• Step increase investment in product development – CAPEX, COE, RAM
120MW
Oct2004
AEP & Cinergy announcements
GE & Bechtel form IGCC alliance
Barriers to Commercialization
GE’s IGCC Solution
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IGCC Reference Plant Status• Plant configuration – 630MW
• Configuration optimized for COE, RAM, performance & capex
• Capex premium being reduced by 50% for launch projects
• COE parity for launch projects
• Preliminary 2D/3D plot plan
• Space included for carbon capture
• Preliminary PFDs
• Major equipment lists
• Design to be complete 4Q 2006
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Cost of Electricity: GE & Bechtel Reference Plant
SCPC
SCPC
GE & Bechtel IGCC Ref
Plant
Base NOx/SOx Hg Total IGCC4
5
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SCPC
SCPC
Cost
of Ele
ctricity
, ¢/k
wh
CO2
CO2
PRB
5.665.64
7
8
8.29
6.90
5.21
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Global Gasification Resources
Global Research Center Headquarters
Niskayuna, NY
John F. Welch Technology Centre
Bangalore, India
China Technology CenterShanghai, China
GE Energy’s Gasification Business Headquarters
Houston, TX
GE Energy’s Greenville Manufacturing Site
Greenville, SC
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Commitment to Success
‘05 ‘06
$ Y
Avg/yr ‘01–‘04
‘07
$15Y
$10Y est.
$15Y
15X Product Development Budget
Jun04
Sep05
Dec05
Staffing For Growth
5X
• Syngas Cooler Advanced Design
• Advanced Feed Injectors
• Low Rank Coal Design
• High Efficiency Sulfur Removal
• Advanced Quench Ring
• Advanced Refractory
Gasification Programs
~50
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Site – Edwardsport, IN
Cinergy IGCC Project
• 2Q05 completed IGCC feasibility study (GE & Bechtel reference plant)
• 9/22 Cinergy announced it would begin contract negotiations with GE & Bechtel for FEED
Site – Meigs County, Ohio
AEP IGCC Project
• 2Q05 completed IGCC feasibility study (GE & Bechtel reference plant)
• 9/29 announced FEED study with AEP
• 3Q06 FEED will be complete
• 2010 expected commercial start up
IGCC Launch Plant Status
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Major Global Growth Potential for Gasification
GE’s annual sales potential from gasification technology
• $200MM in the next few years
• $1B by the end of the decade
September 29, 2005
October 4, 2004
GE Energy
GE’s Gasification Developments
Edward LoweGeneral Manager, Gasification
Gasification TechnologiesCouncil
October 10, 2005