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Economics on Fischer-Tropsch coal-to-liquids method updated

10/27/2008
Montana’s Crow Nation and Australian-American Energy Co. reported in August that they will jointly construct a $7 billion coal-to-liquid (CTL) fuels plant in southeastern Montana. Plans for the plant were unveiled Aug. 8, with 2016 announced as the likely date for the start of production at the plant. CTL seems to present an ideal scenario for coal, utility, and petroleum companies to work together. Utility companies want to turn coal into electricity, while coal companies seek to expand their market from solely electric power generation to liquid hydrocarbon conversion, and petroleum companies can use the carbon dioxide (CO2) produced for enhanced oil recovery (EOR). The economic i...
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