RI 6089 An Economic Evaluation Of Hydrogen Production By The Continuous Steam-Iron Process At 7 Atmospheres ? Summary And Conclusions

This report is an economic evaluation of the production of hydrogen in a continuous system by the steam oxidation of partially reduced iron oxide in a fluidized bed at 7 atmospheres using producer gas to reduce the iron oxide. The oxidation-reduction step is based on experimental data obtained by the Bureau of Mines at the Pittsburgh Coal Research Center. The estimated capital requirement for a plant producing 30 million std. c.f.d.3 of 99.8 percent purity hydrogen at a discharge pressure of 450 p.s.i.g. is $13,100,000, using January 1961 equipment cost data. Based on a 330-day operating year, the operating cost before profit and taxes with coal price as a variable is estimated to be: