As we pointed out two weeks ago, America has been leading the way when it comes to fully developing advanced coal technology projects because of investments from the private and public sector. The Global Carbon Capture and Storage Institute reported that the United States “continues to lead the way with 39 of the total 77 large-scale projects” within CCS technologies.
Carbon capture and storage technologies make it possible to reduce emissions while ensuring a reliable supply of affordable electricity to meet America’s growing energy needs using America’s most abundant, domestically produced fuel. But that captured carbon can be used commercially to help other energy industries.
Balanced Energy For Texas recently wrote about the carbon capture and storage process that the Tenaska Trailblazer Energy Center will be using as well as how captured carbon can benefit the oil & gas industry:
Did you know that enhanced oil recovery using carbon captured by clean coal technology could result in $5.25 billion per year in economic growth? … Not only does clean coal technology provide affordable, reliable electricity, it will soon help Texas harness previously inaccessible oil resources … Captured CO2 is a valuable commodity. Naturally occurring CO2 imported from other states is currently being used throughout Texas for Enhanced Oil Recovery (EOR). EOR allows oil companies to produce additional oil from existing reservoirs that cannot be recovered using conventional means. In a conventional oil reservoir, only 20 to 50 percent of the oil in the reservoir can be produced by drilling and flowing/pumping. This means that 50 to 80 percent of the oil is stranded underground and, without EOR, can never be used.
Advanced coal technologies are also progressing when it comes to reducing traditional pollutant emissions. Penn Energy’s Optimization Blog interviewed NeuCo Product Manger Rob James discussed his company’s partnership with the Department of Energy’s Clean Coal Power Initiative:
Given the ambitiousness of this project and the huge number of moving parts, I’m proud of how we were able to adapt to the changing set of constraints in a way that provided a lot of utility and met a key set of investigative goals. For instance, we had to respond to changing economic drivers, such as the changing cost-benefit relationship between NOx and heat rate and changes in the value of NOx and SO2 credits, as well as a range of equipment and instrumentation constraints.
Advanced coal technologies also mean jobs. According to a study ACCCE commissioned last May, the deployment of advanced coal technologies would create or support more than 150,000 jobs nationally, and 1.7 million job-years of labor would be created through construction of those technologies. Click here to learn more about the history and benefits of advanced coal technologies.