• Korean Chemical Engineering Research
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• v.46 no.2
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• pp.248-257
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• 2008

Coal liquefaction technology was established in Germany in 1920s. Coal liquefaction refers to the process in which coal is converted into liquid fuels such as gasoline and diesel oil under certain conditions. Coal liquefaction is usually classified into direct coal liquefaction (DCL) and indirect coal liquefaction (ICL). Various technologies for coal liquefaction, conducted between 1970s and 2000s, resulted in the development and optimization of a communication ready technology for the production of petroleum substitutes as refinery feedstocks. The purpose of this paper is to review the research, development and demonstration of coal liquefaction. In these respects, various DCL and ICL processes under development were illustrated and compared. Also, the status and perspective of coal liquefaction projects in the world were viewed. Considering the scale, and technical difficulties of domestic coal liquefaction, the project has be leaded by the government.

• 한국신재생에너지학회:학술대회논문집
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• 2009.06a
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• pp.857-860
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• 2009

This report examines the economic feasibility of a commercial 50,000 barrel per day direct/indirect coal liquefaction (DCL/ICL) facility to produce commercial-grade diesel and naphtha liquids from medium-sulfur bituminous coal. The scope of the study includes capital and operating cost estimates, sensitivity analysis and a comparative financial analysis. Based on plant capacity of 50,000BPD, employing Illinois #6 bituminous coal as feed coal the total capital cost appeared $3,994,858,000(DCL) and $4,942,976,000(ICL). Also, the internal rate of return of DCL/ICL appeared 13.27% and 12.68% on the base condition. In this case, coal price and sale price of products were the most influence factors. And ICL's payback period(6.8 years) was longer than DCL's (6.6 years). According to sensitivity analyses, the important factors on DCL/ICL processes were product sale price, feed coal price and the capital cost in order.

• Korean Chemical Engineering Research
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• v.47 no.1
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• pp.127-132
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• 2009

This report examines the economic feasibility of a commercial 50,000 barrel per day direct coal liquefaction(DCL) facility to produce commercial-grade diesel and naphtha liquids from medium-sulfur bituminous coal. The scope of the study includes capital and operating cost estimates, sensitivity analysis and a comparative financial analysis. Based on plant capacity of 50,000BPD, employing Illinois #6 bituminous coal as feed coal the total capital cost appeared $3,994,858,000. Also, the internal rate of return of DCL appeared 6.60% on the base condition. In this case, coal price and sale price of products were the most influence factors. And DCL's payback period demanded a long time(12.3 years), because of high coal price at the present time. According to sensitivity analyses, the important factors on DCL processes were product sale price, feed coal price and the capital cost in order.

• 한국신재생에너지학회:학술대회논문집
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• 2010.06a
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• pp.109.1-109.1
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• 2010

Hybrid형 석탄액화 공정은 직접액화 (Direct Coal Liquefaction, DCL)공정과 간접액화 (Indirect Coal Liquefaction, ICL)공정으로 구성 되며, 공정의 경제성을 분석하기위하여 주요 제품 (디젤, 납사) 생산량이 50,000barrel per day (BPD)의 Hybrid형 석탄액화공정을 선정하고 공정에 적합한 검토기준을 세워 건설비용 및 매출액등을 산정하였다. 또한 석탄액화공정에 대한 중요 변수들의 가격 변동에 따른 민감도 분석을 실시하였다. 생산량을 기준으로 선정된 원료탄(Illinois #6 유연탄)의 사용하였을 때, 총 투자액은 $4,114,730,000 로 나타났으며, 고정비는 $93,610,000, 변동비는 $407,225,000으로 분석되었다. 경제성 분석결과 내부수익률 (internal rate of return, IRR)은 기본조건에서 11.48%로 나타났으며, 순현가(net present value, NPV)는 $526,478,000으로 나타났다. 원금상환 기간은 6.9년으로 나타났으며, 민감도 분석 결과 제품가격, 원료석탄가격, 건설비의 변동률 순서로 수익률에 변화를 주는 것으로 나타났다. 민감도가 가장 높은 제품 가격 25% 상승 시, IRR과 NPV는 각각 17.24%, $2,804,919,000로 나타났다.

• Korean Chemical Engineering Research
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• v.47 no.6
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• pp.781-787
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• 2009

This report investigates the economic proprieties of commercial 50,000 barrel per day direct/indirect coal liquefaction(DCL/ICL) plants to produce commercial-grade diesel and naphtha liquids. The scope of the study includes capital and operating cost estimates, sensitivity analyses and a comparative financial analyses. Based on plant capacity of 50,000BPD, employing Illinois #6 bituminous coal as feed coal, the total capital cost appeared $3,994,858,000(DCL) and $4,962,263,000(ICL). Also, the internal rate of return of DCL/ICL appeared 13.27% and 12.68% on the base condition respectively. In this case, coal price and sale price of products were the most influence factors. And ICL's payback period(6.8 years) was longer than DCL's(6.6 years). According to sensitivity analyses, the important factors on both DCL/ICL processes were product sale price, feed coal price and the capital cost in order.

• Journal of Energy Engineering
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• v.16 no.2
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• pp.64-72
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• 2007

During the 2nd World War, several Coal-to-Liquid (CTL) plants were operated in Germany and England to convert coal to large volumes of liquid fuel. Big oil fields discovered in the Middle East after the war supplied crude oil at the low price and all CTL plants were forced to shut down. However, South Africa (Sasol) built a CTL plant in 1955 and 2 more plants afterward and the current production of coal-derived synfuel reached 150,000 bbl/day. Recently, the sustained high crude oil price and the fear of the "peak oil" rejuvenated the interest of CTL and several CTL projects are in progress. China established a plan to build CTL plants with the total capacity of 30 million tons of synfuel per year by 2030. China is building a direct coal liquefaction plant which is scheduled to produce 20,000bbl/day of synfuel in 2008. There are 8 CTL projects in USA either in the planning stage or in the ground-breaking stage. CTL projects are also carried out in Australia, Philippines, New Zealand, Indonesia and India. Korea needs to approach the CTL project in the perspective of the national energy security. In this paper, the history, the status, current activities and the prospect of CTL are described.

• Journal of the Korean GEO-environmental Society
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• v.10 no.3
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• pp.5-12
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• 2009

This study presents static and dynamic strength of coal ashes collected from disposal site of power plant. Main compositions of coal ashes were bottom ashes. In order to evaluate static and dynamic characteristics of coal ash, NGI direct-simple shear tests, cyclic simple shear tests and direct shear tests were conducted. The strengths of coal ashes from those tests were compared to those of sands. Bottom ashes among coal ashes used for this study were classified as sand from the grain size distribution and show higher strength properties than the sands. For utilization of coal ashes in civil engineering project, mixing coal ashes with sandy soil using batch plant is inconvenient and the cost is higher than the spreading sand layer and coal layer alternately. In order to simulate both mixing type and layered type construction, sands and coal ashes were mixed with volume ratio 50:50 and prepared sand and coal ash layers alternately with the same volume ratio. From the tests mixed coal ashes-specimen shows slightly higher static and cyclic strength than the layered specimen at the same density. The higher strength seems due to the angular grain of bottom ashes. The cyclic stress ratio at liquefaction decreases rapidly as the number of cycle increases at mixed specimen than that of layered specimen.

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 1995.05a
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• pp.141-145
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• 1995

석탄액화반응의 촉진을 위하여 기존에 사용되어 온 담지촉매는 coking, metal deposition, pore plugging의 문제로 인하여 촉매의 활성을 지속적으로 유지할 수 없으며 고가이기때문에 최근에는 이러한 문제점을 보완할 수 있는 고분산 균일촉매에 관한 연구가 집중적으로 수행되고 있다. 그러나 분산촉매 중에서도 고활성을 나타내는 Mo, Ni, Co 성분은 고가이므로 이를 대체할 수 있는 촉매로서 값이 싼 Fe 성분에 관심이 모아지고 있지만 현재로서는 자체활성이 상대적으로 낮으므로 퍼센트단위의 많은 양을 사용해야하는 문제점을 안고 있다고 할 수 있다.

• Journal of Korea Technology Innovation Society
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• v.12 no.4
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• pp.788-818
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• 2009

Renewable energy refers to solar energy, biomass energy, hydrogen energy, wind power, fuel cell, coal liquefaction and vaporization, marine energy, waste energy, and liquidity fuel made out of byproduct of geothermal heat, hydrogen and coal; it excludes energy based on coal, oil, nuclear energy and natural gas. Developed countries have recognized the importance of these energies and thus have set the mid to long term plans to develop and commercialize the technology and supported them with drastic political and financial measures. Considering the growing recognition to the field, it is necessary to analysis up-to-now achievement of the government's related projects, in the standards of type of renewable energy, management of sectional goals, and its commercialization. Korean government is chiefly following suit the USA and British policies of developing and distributing renewable energy. However, unlike Japan which is in the lead role in solar rays industry, it still lacks in state-directed support, participation of enterprises and social recognition. The research regarding renewable energy has mainly examinedthe state of supply of each technology and suitability of specific region for applying the technology. The evaluation shows that the research has been focused on supply and demand of renewable as well as general energy and solution for the enhancement of supply capacity in certain area. However, in-depth study for commercialization and the increase of capacity in industry followed by development of the technology is still inadequate. 'Cost-benefit model for each energy source' is used in analysis of technology development of renewable energy and quantitative and macro economical effects of its commercialization in order to foresee following expand in related industries and increase in added value. First, Investment on the renewable energy technology development is in direct proportion both to the product and growth, but product shows slightly higher index under the same amount of R&D investment than growth. It indicates that advance in technology greatly influences the final product, the energy growth. Moreover, while R&D investment on renewable energy product as well as the government funds included in the investment have proportionate influence on the renewable energy growth, private investment in the total amount invested has reciprocal influence. This statistic shows that research and development is mainly driven by government funds rather than private investment. Finally, while R&D investment on renewable energy growth affects proportionately, government funds and private investment shows no direct relations, which indicates that the effects of research and development on renewable energy do not affect government funds or private investment. All of the results signify that although it is important to have government policy in technology development and commercialization, private investment and active participation of enterprises are the key to the success in the industry.