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Clean Coal Myth or Reality

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... community expectations for businesses to lighten their footprint on the climate and environment. ... We don't compare well with countries like Germany, ... – PowerPoint PPT presentation

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Title: Clean Coal Myth or Reality


1
Clean Coal Myth or Reality
  • Fiona Waterhouse
  • Financial Energy Exchange
  • Tel 61 2 9251 4565
  • f.waterhouse_at_fex.com.au
  • www.fex.com.au

2
Clean coal - myth or reality?
  • Global economy undergoing an evolution
  • unprecedented resource constraints
  • growing community expectations for businesses to
    lighten their footprint on the climate and
    environment.
  • Future prosperity and access to capital
    increasingly tied to the ability to overcome
    carbon and other resource constraints and
    adaption to climate change
  • Australia stands at cross roads, faced both with
    profound challenges and significant
    opportunities.
  • We don't compare well with countries like
    Germany, Spain, Japan, Korea and Singapore
  • Opportunity to leverage success in the current
    economy to create the next wave of future
    prosperity
  • Building globally significant capability in clean
    coal technologies is one of these opportunities.

3
Clean coal defined
  • Encompasses everything from
  • Resource selection
  • Coal extraction and handling
  • Preparation plant treatment
  • Transport and logistics
  • Generation technology
  • Integrated Gasification Combined Cycle (IGCC)
  • Oxy firing
  • Conventional Coal Post Combustion Capture
  • Carbon Capture and Storage (CCS)

4
Case Study ZeroGen
www.zerogen.com.au
  • 1.7billion project (Stage One)
  • Project Participants include Queensland
    Government, Shell and the Australian Coal
    Associations Low Emission Technologies fund
  • Integrating coal gasification with carbon capture
    and storage to produce low emission base load
    power
  • Plant adjacent to the existing Stanwell Power
    Station near Rockhampton in Central Queensland
  • Geosequestration in Northern Denison Trough
  • Develop the worlds first coal gasification power
    plant with carbon capture and storage by 2012
    (Stage One)
  • One of the worlds first large-scale plants by
    2017 (Stage Two)

5
Leverage our strengths
  • Clean Coal technology is needed if coal is to be
    used in a climate-friendly manner and maintain
    its place in the global energy market
  • Australia is a globally significant coal producer
    and exporter
  • Australia is also one of the most efficient coal
    producers in the world
  • Many countries depend on coal and will continue
    to use it
  • Significant opportunities exist for developing
    our clean coal technologies and expertise
  • Deploying them locally to benefit our own
    industry
  • Exporting them globally
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