Press
Gasification Technologies Moving World
Away From Petroleum; Houston Workshop Explores Energy Paradigm
Shift
Wednesday, November 1, 2006 8:00 AM CT
Sustained high-energy prices for the foreseeable future
resulting from the growing global demand from the emerging
Chinese, Indian and other economies as well as constrained
supply have spurred governments, project developers, technology
providers and the world's financial institutions to firmly
back the development of alternative energy sources, especially
the gasification of coal, petroleum coke and biomass.
This dynamic global trend combined with legitimate concerns
from the scientific community about global warming and the
need for climate change mitigation has accelerated the acceptance
and commercialization of gasification technology that will
incorporate the capture and sequestration of carbon dioxide
for enhanced oil recovery and the permanent, safe storage
of that greenhouse gas in deep, underground saline aquifers.
The need to significantly increase supplies of synthetic
gas from clean sources to generate electricity and produce
clean transportation fuels, hydrogen, petrochemicals, fertilizers
and substitute natural gas has never been greater. The development
of these coal-based plants are moving ahead now with incentives
from the Energy Policy Act of 2005 and the sheer determination
of entrepreneurs that no longer want to be dependent on
oil and natural gas from politically unstable regions of
the world.
International governments and private companies are quickly
coming together in the FutureGen Alliance to learn how to
produce hydrogen from abundant coal resources in a clean
and efficient manner to generate electricity and to provide
it to refineries to produce clean low-sulfur fuels and to
eventually fuel a clean, environmentally benign hydrogen-based
transportation infrastructure.
The combustion of coal has also been traditionally used
for power generation and steelmaking. Now coal-derived syngas
cannot only be used for large-scale operations, but also
has the potential to provide relief to small-to-medium-scale
industrial facilities that are forced to rely on natural
gas with its volatile pricing. Syngas can be the stable
energy source that will allow flourishing businesses to
grow by being able to efficiently expand and modernize manufacturing
plants and factories.
"Planning, financing, expanding and guaranteeing the
overall profitability of a manufacturing business for example
would be much easier if the company owner could depend on
having predictable long-range energy prices based on syngas
derived from coal, petcoke or biomass," explains Tim
Cornitius, syngas analyst, Zeus Development Corporation,
an energy research and publishing firm. "Retail electricity
prices could also become stable if they were based on clean
coal as a fuel instead of natural gas. Imagine the profitability
and dependability of the airlines industry if it could depend
on coal-based jet fuel that was no longer tied to the price
of crude oil."
December 6, 2006, SYNGAS Refiner will host the first annual
Gasification Technologies Outlook in Houston to address
these issues. Workshop attendees will learn the history
of gasification as well as the current and, most importantly,
the future impact of these technologies that will enable
the global economy to no longer be based on petroleum, but
to use coal and renewable biomass sources such as agricultural,
forestry and animal wastes. They will find out the role
substitute natural gas will have in replacing natural gas
and supplementing LNG supplies and how coal liquids can
be transported and used in existing and proposed gas-fired
power plants.
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