To develop a chemical-looping combustion technology, conceptual design of 50 kW thermal chemical-looping combustor, which is composed of two interconnected pressurized circulating fluidized beds, was performed by means of mass and energy balance calculations. A riser type fast fluidized bed was selected as an oxidizer and a bubbling fluidized bed was selected as a reducer by mass balance for the chemical-looping combustor. Calculated values of bed mass, solid circulation flux, and reactor dimension by mass and energy balance calculations were suitable for construction and operation of chemical-looping combustor. It is concluded from the comparison of the design results and operating values of commercial circulating fluidized bed that the process outline is realistic. Moreover, the previous results support that oxygen carrier particle, NiO/bentonite, fulfills the conversion rates needed for the proposed design. The effects of system capacity, metal oxide content in a oxygen carrier particle, amount of steam input, gas velocity, and solid depth on design values were investigated and the changes in the system performance can be estimated by proposed design tool.