SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gasification Technologies
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Snowshoe who wrote (1611)10/16/2009 9:30:38 PM
From: zebra4o1  Read Replies (1) of 1740
 
Lots of great details in that article.

I interpret all talk of carbon capture as just posturing. Seems like any new coal project now has to claim that they are at least 'carbon capture ready'. Based on the numbers given, carbon capture would double the cost of the project. Sure, if they have a nearby oil field that is currently doing a CO2 flood, then it might make sense. But to convince somebody to initiate a new CO2 flood from scratch, you would at least have to demonstrate with a year or two of production that you can reliably produce a given volume of CO2.

CIRI estimates that the phase one underground coal gasification system would cost about $30 million, with the associated power plant costing an additional $150 million. The enhanced oil recovery system for disposing waste carbon dioxide might cost around $200 million

But who knows how things work in Alaska? Maybe they are serious about the carbon capture. Would really make people sit up and pay attention if they could pull this off.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News