Word: coaling
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There were new clients coming onboard as well. Florida Power & Light funded the pilot plant on Butternut Street. GE placed an order for more than $60,000 worth of Otisca Fuel to run a 4,000-h.p. coal-powered diesel locomotive. Westinghouse was interested in coal-powered turbine engines. So was GM, which developed an experimental coal-powered Cadillac, dubbed the Coal-dorado, that ran on Otisca Fuel. Five big companies -- GE, Norfolk Southern Railway, Eastern Fuels, Westmoreland Coal and Zurn Industries -- jointly invested $8 million in Smith and Keller's little outfit. In November 1984 Smith took a flight...
Then, in 1988, Otisca won a Clean Coal matching grant from doe -- $7.1 million, provided that a third of the money come from the private sector. The grant was to pay for the reconfiguration of several Syracuse-area boilers to use Otisca Fuel...
...near-term marketing projects. Only one of the five, Zurn Industries, makers of boilers and pollution-control equipment for power plants, was interested in backing the grant. But Zurn was not prepared to carry the $3.5 million freight alone. In December 1990 Otisca reluctantly withdrew from the DOE Clean Coal Round No. 2 and forfeited its grant. Otisca still had contracts with clients to supply varying amounts of its fuel. But none of them was willing to put up the big stakes necessary to convert significant power plants from oil to Otisca Fuel...
...this disappointment came yet another prospect for survival. CSX Corp., parent of the Chesapeake & Ohio railroad, took an interest in Otisca as a possible source of fuel for a pilot cogeneration plant it was planning at the Greenbrier Resort in West Virginia. As the nation's largest transporter of coal, CSX had an interest in promoting its use and export. Engineer Mack Shelor, an executive with CSX's energy resources and logistics division, learned through some contacts that Otisca was the only firm capable of producing a coal-based liquid fuel that would meet the specifications he was seeking...
Shelor first put the CSX Greenbrier project up for Round No. 4 of the DOE Clean Coal grants, counting on one advantage Otisca had lacked: built-in private funding. But despite solid science and engineering, the project was not one of the nine applicants selected last September. DOE had chosen to husband its funds for larger programs designed to produce new power-plant technologies for beyond the year...