Why is the gasification exchange area closely related to the economy?

The gasification sector has no direct connection to the economy itself; it is only during periods of strong economic growth, when new technologies and projects are developed and invested in, that a large number of technical professionals come to these forums to gain knowledge. This in turn boosts the popularity of these forums. On the other hand, when the economy is sluggish, people’s incomes decline, corporate profits drop, and some companies even face bankruptcy. With everyone preoccupied with making ends meet, the popularity of these forums naturally decreases as well.

Gasification is mostly unprofitable; how will it be this year?

1. Coal gasification is the cornerstone of coal chemical industry, and the advancement of this technology is closely related to the vast majority of downstream coal chemical products. 2. Currently, the strong price of coal deviates from its price ratio to oil, and the deviation is even more significant when compared to natural gas (which suggests a situation where lower quality corresponds to higher prices). 3. Downstream coal chemical products largely overlap with those from the petrochemical and natural gas chemical industries; it is entirely normal for their prices to fluctuate in line with oil prices. In particular, the CIF prices of petrochemical products from oil- and gas-rich regions in the Middle East set the upper limit for the prices of chemical products in the domestic market. 4. The cost of producing syngas, which is the product of gasification, is currently comparable to that of natural gas; therefore, coal prices need to drop by more than 50% for this to be feasible. 5. The struggle for interests and the brutal process of coal mining ensure strong willingness to keep coal prices high, with no easy compromise. 6. The high price of coal has effectively devastated the coal chemical industry; these companies are facing great difficulties, with some shutting down or reducing production, resulting in a significant decrease in the amount of products that serve as substitutes for petroleum-based chemicals. It is no wonder that the energy is transmitted to make the dragon lower its lofty head. 7. Fallacy 1: Assuming that retaining non-renewable fossil fuels is beneficial for all of humanity, then why not save the better and more valuable oil resources for future generations? 8. Fallacy 2: Steady coal prices are not in line with a sustainable development strategy; eventually, the price ratio between coal and oil will return to normal. Using lower-quality coal to produce chemical products can help reduce oil consumption. Therefore, colleagues still need to make efforts to promote coal gasification: funk:

Currently, with oil prices remaining high, coal-to-gas projects have great prospects for development in order to meet domestic energy demands