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The Future of Clean Thermal Technologies: Technology Developments, Key Costs and the Future Outlook
Business Insights, Oct 2009, Pages: 125
Thermal power plants burning fossil fuels produce 50% of the electricity generated worldwide, but are a major source of CO2. As such, the energy industry will need to develop technology to capture and store emissions from power plants if it is to continue to flourish. Provided that this can be achieved, fossil fuel combustion should be capable of supplying electricity well into this century.
This report examines the different thermal power generation techniques and the legislation that will affect the industry in the future, as well as the technologies being developed to reduce the impact of CO2 released from thermal plants into the atmosphere.
Scope
- Information about the conventional coal combustion industry and the technology available and in development to limit its CO2 emissions.
- Details of the anticipated next-generation coal technologies that may offer advantages for future near-zero emission plants.
- Analysis of the natural-gas fired power generation sector and the methods used to reduce its environmental impact.
- Discussion of how the sequestration of carbon is to be handled.
- Breakdown of the environmental and legislative issues that will affect fossil fuel power stations in the future.
Highlights
- Coal is the most important source of electricity in the world today and according to most assessments its use will continue to grow over the next two decades, particularly within the developed world. Modern technology has improved the efficiency of such plants significantly and further advances are expected.
- The best method available today for post-combustion carbon capture is chemical absorption. This utilizes a spray tower similar to that used for sulfur dioxide scrubbing. The flue gases pass up through the tower and a solution of the chemical absorbent is sprayed into its path where it absorbs the CO2 and removes it.
- Under a cap-and-trade system, generators can recoup the value of the carbon they sequester by selling certificates that they no longer need. The significance of this will depend on the cost of carbon, and the predicted value of this resource by the time carbon capture and sequestration become commercially feasible remains a matter of speculation.
Reasons to purchase
- Assess the economics of power generation using coal and natural gas.
- Review the predicted emission levels per market sector for 2030.
- Discover the various emission control strategies that will be necessary if thermal plants are to continue to operate.
- Analyze the expected impact of environmentalism on the industry's growth over the coming decades.
- Examine how the market for thermal power plants is likely to develop over the next twenty years.
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