A pressure balance model for a circulating fluidized bed unit that incorporates a downer has been proposed. The model predictions were validated with the experimental data obtained from a special cold-model circulating fluidized bed. Comparison of the operation stability between a CFB downer and a CFB riser has been carried out. Only one critical gas velocity exists in the CFB-riser for a given riser solids flux, while there can be many critical gas velocities for the operation of a CFB downer. Therefore, it is possible to achieve high solids concentration in a CFB downer if appropriate operating conditions are used.