Coal-Based Integrated Coal Gasification Combined Cycle: Market Penetration Recommendations and Strategies
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Aiken, Richard (Booz Allen Hamilton) Ditzel, Kenneth (Booz Allen Hamilton) Morra, Frank (Booz Allen Hamilton) Wilson, David (Booz Allen Hamilton)
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| Clean-Energy.us Summary |
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DOE and GTC sponsored study of the market barriers facing coal-based IGCC deployment in the United States. This Report analyses IGCC's potential market penetration under different environmental, technology, natural gas price, and policy incentive scenarios. In each scenario, the study identifies key findings that highlight IGCC's advantages and challenges. These findings show that IGCC is applicable in many future scenarios. |
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| Clean-Energy.us Document No. 291 |
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Economics and Project Financing |
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Project Financing |
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IGCC Market Penetration |
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Coal-Based Integrated Coal Gasification Combined Cycle: Market Penetration Recommendations and Strategies |
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| Link to Full Text File (if any) |
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| Authors Abstract (if any) |
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| Key Findings: (1) IGCC captures a significant market share under a variety of regulatory and environmental scenarios considered in this study due to its favorable environmental characteristics. (2) Successful R&D leading to advances in technology have the most dramatic impact on IGCC’s market penetration potential. (3) Coal regains market share with high natural gas prices. (4) Policy incentives could play a role in moving forward IGCC market entry. (5) Investor uncertainties can hinder IGCC market penetration. (6) At the state and local levels, a multitude of other considerations can be raised that can complicate the IGCC-related investment action. (7) Of all the market characteristics, the barriers to market entry represent the largest hurdle for IGCC’s market penetration. (8) Refueling existing NGCC assets with coal gasification, polygeneration of chemicals or fuels with power production, and repowering old PC facilities appear to have the most potential in the short-term. |
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| Contact for Additional Information |
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| Richard Aiken |
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© 2009 Fred H. Hutchison (www.clean-energy.us) |
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