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Clean Coal Technologies - A Strategic Snapshot
Frost & Sullivan, Dec 2008, Pages: 55
Clean Coal Technologies to Strengthen Coal Positioning OR to Make Coal More Environmentally Friendly
Coal, being a rich, geographically diversified reserve, is a fossil fuel that could sustain the growing global energy needs with relatively stable prices. Simultaneously, concerns over rising level of carbon emissions dictate the need for cleaner technologies to burn coal, driving next generation clean coal technologies. Clean coal technologies is an umbrella term that encompasses various methods to reduce environmental impact by limiting green house gas emissions from coal-based power generation. The growing demand for power, the competitive position of coal, and the prospect of lower emissions from next-generation technologies boost the market for clean coal. “The next generation clean coal technologies such as carbon capture and storage (CCS), when commercially successful, offer one of the best possible options for emission reduction, satisfying the world’s energy demands,” says the analyst of this research. “Commercial demonstration should be accelerated, to enable CCS to play an important role in the future.”
Despite its advantages, coal is the biggest emitter of carbon dioxide per unit of electricity produced. Next-generation clean coal technologies such as CCS attempt to capture carbon emissions; however, successful commercial demonstration projects are yet to prove CCS viability on a large scale. Additionally, high costs and the lack of proven long-term underground storage of carbon dioxide are the key restraints.
Demonstration plants that prove the required scale and integration of clean coal technologies are vital for the future development. A number of pilot and demonstration plants are being planned or are in progress around the world. Vattenfall started its first 30MW pilot power plant featuring carbon capture in Germany in September 2008. “High costs associated with carbon capture and storage technologies at present will eventually come down as more power generation plants are equipped with these new technologies,” concludes the analyst. “CCS costs are likely to reach a relatively steady phase beyond an estimated hundred installations.”
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
-Energy and power
-Centralized power generation
-Technologies
The following technologies are covered in this research:
-Clean coal technologies
-Carbon capture and storage
This Frost & Sullivan research service titled Clean Coal Technologies - A Strategic Snapshot provides an overview of next-generation clean coal technologies and an analysis of the need for coal. In this research, Frost & Sullivan's expert analysts explore clean coal technology focusing on carbon capture and storage. The need for coal-based generation is substantiated through the world power demand analysis and selective country-by-country snapshots.
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