Chile Punta Arenas Coal Gasification Reverse Trade Mission
Dates: June 10-15, 2013
Locations: Schenectady, NY; Washington, DC; Indianapolis, IN; Wilsonville, AL
The Chile Punta Arenas Coal Gasification Reverse Trade Mission is designed to engage the Chilean delegation with U.S. companies, U.S. Government agencies, and other organizations to showcase technologies and best practices for coal gasification. The visit will provide an opportunity for the delegates to discuss the Punta Arenas Coal Gasification project with interested U.S. companies and prospective investors and financiers and advance the dialogue on key project development and procurement issues. The delegation will be comprised the project sponsor, Mina Invierno, and other key private and public sector stakeholders.
Standing committee on coal questions inter-ministerial group
Committee says two coal-to-liquid projects were allocated to private firms while ignoring govt firms
New Delhi: The parliamentary standing committee on allocation of coal fields has questioned the role of an inter-ministerial group (IMG) in bypassing government companies and allocating two coal-to-liquid (CTL) projects to private firms in 2009.
The government allotted blocks for CTL projects proposed by Jindal Synfuels Ltd (JSFL) and Strategic Energy Technology Systems Pvt. Ltd (SETSPL) based on the recommendations of the IMG.
CTL involves converting coal into liquid fuels similar to petrol or diesel and each of these projects entailed an investment of at least $6 billion. JSFL is a unit of Jindal Steel and Power Ltd (JSPL) and SETSPL is a joint venture between a consortium of Tata group companies and South Africa-based Sasol Synfuels International.
US Fuel Announces Coal-to-Liquid Project Funding Letters
US Fuel Corporation, a publicly listed company (USFF), announced today that Empyrean West (EW) extended Letters of Intent to fund up to 65% of the loan cost for the US Fuel Coal-to-Liquid facilities planned for Muhlenberg County and Perry County, Kentucky.
The funding letters of intent from EW position US Fuel to begin work on its first two facilities to convert coal into high quality liquid fuels, including ultralow sulfur diesel and jet fuel.
US Fuel focus is engineering a proprietary template for constructing facilities capable of converting 300 tons of coal into approximately 525 barrels of synthetic liquid fuel a day. Upon completion of the engineering phase, US Fuel intends to build multiple facilities at various sites across Kentucky, providing good jobs, utilizing abundant coal and producing high quality synthetic fuels, all in an environmentally friendly and profitable manner.
Coal Gasification Could Unlock Coal’s Future
The future of coal generation is about two months away. That’s when Duke Energy will fire up its 618-megawatt coal gasification plant in Indiana, which can also run on natural gas. While the project has endured cost overruns and heavy criticism, the company says that it will be clean, efficient — and well worth it.
Coal has come to a fork in the road: Relying on the older, less efficient plants is now a war-torn path that has been beaten down by a heavy stream of regulations and a flood of newfound shale-gas. Betting on the future means making investments in new technologies that are able to burn coal more efficiently.
Duke Energy’s coal fleet is among the oldest in the country. It is replacing most of that with combined cycle natural gas plants, which release about half the emissions as coal and which are relatively painless to permit. At the same time, natural gas prices are comparable to those of coal, right now.
However, if natural gas prices rise because of the added industrial demand — and they will — utilities will need to be diversified. Duke’s thinking: Indiana has a plethora of coal reserves, which if used in combination with emerging coal generation technologies, can be as clean as natural gas.
“We have chosen to build this integrated coal gasification technology because this is a more acceptable way to burn coal,” says Lew Middleton, a spokesperson for Duke Energy. “This allows us to take advantage of a relatively inexpensive and abundant resource right here in Indiana.”