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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.
The Province of Alberta (Canada) has executed a letter of intent with Swan Hills Synfuels to provide a C$285 million (US$273 million) grant in support of a underground coal gasification (UCG) project that will reduce emissions by capturing and sequestering more than 1.3 Swan Hills calls the process in situ coal gasification (ISCG).
Source: “Hidden Costs of Energy”. Source: “Hidden Costs of Energy”. The committee also separately derived a range of values for damages from climate change; the wide range of possibilities for these damages made it impossible to develop precise estimates of cost. Coal accounts for about half the electricity produced in the US.
In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.
Sasol and the Indonesian government have signed a preliminary agreement to study the viability of developing a coal-to-liquids facility project in Indonesia, with estimated project cost of more than $10 billion. This is in line with Indonesia’s energy policy, which aims to diversify from oil to coal.”.
The US Department of Energy (DOE) selected eight projects to advance the development of transformational oxy-combustion technologies capable of high-efficiency, low-cost carbon dioxide capture from coal-fired power plants. DOE Investment: $1,000,000; Recipient Cost-Share: $391,000. University of Kentucky Research Foundation.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
Production costs per barrel of oil equivalent. The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. Click to enlarge.
Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. Conventional CTL plant gasifies coal to produce a syngas which is then converted in a Fischer-Tropsch reactor to products. Even with CCS, the liquid product costs are comparable to recent crude oil prices.
billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes. billion tonnes.
Examples of emerging oil sands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.
China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.
The US Department of Energy (DOE) in partnership with the US Air Force has issued a request for information (RFI)— DE-FOA-0000981 —on research & development aimed at greenhouse gas emissions reductions and cost competitiveness of Mil-Spec jet fuel production using coal-to-liquid (CTL) fuel technologies. Information Request.
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).
Once there is sufficient renewable output, battery storage and thermal balancing power plant capacity in the system, retire legacy inflexible plants, such as coal. coal and gas), significantly reducing the overall levelised cost of electricity.
A Technical Feasibility Study (TFS) for a coal-to-methanol (CTM) plant based on the Arckaringa coal resources in Australia has concluded that CTM could be a viable project capable of augmenting the Bankable Feasibility Study (BFS) for Altona Energy’s Arckaringa Clean Energy CTL (coal-to-liquids) and Power Project in South Australia.
Cool Planet Energy Systems projects that using its patented mechanical process and novel scaling approach ( earlier post ), it will be able to produce high-octane carbon-negative (with the use of its bio-char byproduct) renewable gasoline at a cost of $1.50 per gallon, without the need for government subsidies.
Headwaters direct coal liquefaction process. Headwaters Inc and Axens are forming a strategic alliance to provide a single-source solution for producing synthetic fuels by direct coal liquefaction (DCL) alone or in combination with refinery residues or biomass. Up to 50% more liquid product per ton of coal. Source: Headwaters.
Pyrolysis bio-oils are produced by the thermal decomposition of biomass by heating in the absence of oxygen at more than 500 °C; fast pyrolysis of biomass is much less expensive than biomass conversion technologies based on gasification or fermentation processes. Solid arrows: Pyrolysis oil is directly passed over the zeolite catalyst.
EIA added a premium to the capital cost of CO 2 -intensive technologies to reflect current market behavior regarding possible future policies to mitigate greenhouse gas emissions. Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g., Click to enlarge.
A decade later, fossil fuels continue to constitute 80% of global energy consumed—as they have since about 1910, when coal consumption surpassed that of biofuels, the researchers wrote. Costs ranged from a low of 0.3% 5 consumer of oil,” Krane said.
Researchers from the Department of Energy’s Pacific Northwest National Laboratory (PNNL), the National Energy Technology Laboratory (NETL) and the Chinese Academy of Sciences (CAS) have formed the Clean Energy Partnership to accelerate the development and deployment of coal conversion, emissions capture and carbon storage technologies.
The break-even crude oil price for a delivered biomass cost of $94/metric ton when hydrogen is derived from coal, natural gas or nuclear energy ranges from $103 to $116/bbl for no carbon tax and even lower ($99–$111/bbl) for the carbon tax scenarios. Their analysis is published in the journal Biomass Conversion and Biorefinery.
million tonnes per annum (MTPA) production train for its Australia Pacific LNG coal seam gas (CSG) to liquefied natural gas (LNG) project in Queensland, Australia. The estimated gross capital cost associated with the second train is US$6 billion, with a total two train project cost of US$20 billion.
kWh—approximately 2–4 times current retail costs—for emission-free alternatives to fossil fuel electricity due to the cost of health impacts from fossil fuel electricity, according to a new analysis by a pair of researchers at the US Environmental Protection Agency (EPA) Clean Energy and Climate Change Office, Region 9.
The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Reduced GHG impact. For CTL, life-cycle GHG emissions would roughly double.
ARPA-E announced up to $35 million for a new program focused on developing technologies to reduce methane emissions in the oil, gas, and coal industries: “Reducing Emissions of Methane Every Day of the Year” ( REMEDY ) ( DE-FOA-0002504 ). Coal mine ventilation air methane (VAM) exhausted from operating underground mines.
Value of life-cycle emissions externality damages and oil premium costs from vehicles in 2010 $. A paper presenting the results of the group’s latest year-long study on the lifecycle air emissions and oil displacement benefits of plug-in vehicles was published this week in the Proceedings of the National Academy of Sciences.
The higher density of pyrolysis oil compared to baled biomass reduces the transport cost to a central ATR plant; it also opens the possibility of pipeline transport, the authors note. per gallon, respectively. Credit: ACS, Manganaro and Lawal. Click to enlarge.
million) toward a $30-million underground coal gasification (UCG) project with Swan Hills Synfuels of Calgary. Swan Hills Synfuels expects the project to demonstrate the ability to manufacture synthetic gas from Alberta’s coal resources, with the future potential of utilizing the coal seams for carbon capture and storage.
A crude oil price of US$100/bbl results in an approximate cost of €0.56/L Biomass is pyrolized to a pyrolysis oil. The pyrolysis oil is mixed with pyrolysis coke from the process to create a biocrude slurry for transport and subsequent gasification to syngas and subsequent catalytic conversion to chemicals and/or fuels.
Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021. compared to the previous year.
million for the Northeast Home Heating Oil Reserve (and includes a $6 million rescission of prior year funds); $14.9 The CCS Demonstrations program, including the Clean Coal Power Initiative, FutureGen 2.0, It also includes $35 million for NETL staff to conduct in-house coal R&D. The request includes $420.6
The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Oil demand reaches 99.7
This slower growth is attributed to the relatively higher cost of the vehicles, driven by the cost of batteries. China will see the largest increase—more than 4 million oil-equivalent barrels per day. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. Natural gas.
The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner. Can it overcome barriers to rapid adoption once cost-competitive? Cleaner coal through carbon capture and sequestration. Click to enlarge.
billion to accelerate the development of advanced coal technologies with carbon capture and storage at commercial-scale. billion in private capital cost share as part of the third round of the Department’s Clean Coal Power Initiative (CCPI). The US Department of Energy has selected three new projects with a total value of $3.18
World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Oil production reached 10.7
and the University of Houston will work together to further understanding of the geology and composition of crude oil. The instruments will be used to identify and measure the constituents in geological specimens or to separate, to identify and to measure the thousands of compounds found in crude oil samples. Agilent Technologies Inc.
Dimethyl ether is a diesel fuel replacement that can be produced from abundant resources including natural gas, landfill methane, coal and biomass. At current oil prices, DME can be produced and distributed at less than 1/2 the cost of conventional fuel.
On a life-cycle basis this advantage is reduced, the MIT report notes, because the GHG emissions in production and distribution, including methane leakage, are greater for natural gas than for oil products. million bpd of oil. Total natural gas penetration in these segments would represent consumption of 2.5 Tcf/year, equivalent to 1.3
The committee supports consistent R&D to advance technology development and to reduce the costs of alternative fuels and vehicles. Well before 2050 the cost of FCEVs could actually be lower than the cost of an equivalent ICEV, and operating costs should also be lower. —Douglas M. l/100 km) for the midrange case.
They also found that abundant natural gas can, however, help reduce the costs of achieving GHG reduction goals. Advances in technologies for extracting oil and gas from shale formations have dramatically increased production in the United States. With this abundance of natural gas comes a variety of questions. Resources.
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