| Analyzing Coal's Future - August 11, 2010 
 There is a basic economic problem with coal/carbon capture that gets far 
		too little attention. Namely, it is the only low/zero carbon generation 
		technology that requires an increase in fuel combustion. As a practical 
		matter, this means that carbon capture will never be economic in any 
		world that provides an incentive for low-carbon generation to come 
		forward -- so long as one assumes that carbon will ultimately be priced 
		in some sort of a market, bid up to the marginal cost of supply. 
		Nuclear, renewables and energy efficiency all have their own economic 
		strengths and weaknesses, but all have innately lower operating costs 
		than a coal plant with CCS, and once built will necessarily cause the 
		price of CO2 reduction to clear below the level required to justify the 
		operation of a CCS facility. One doesn't need to be quantitative to 
		prove this point -- it is sufficient to note merely that the parasitic 
		loads required to operate a CCS plant will increase fuel use, and no one 
		is giving away fuel for free.
 
 For CCS to play a role in CO2 reduction therefore requires that two 
		things will happen: (1) technology development will eventually bring 
		capital costs down to a level necessary to sustain investment and (2) 
		every other CO2 reduction strategy we deploy will be insufficient to 
		meet our CO2 goals and we will have to also run CCS. (And that we will 
		run CCS facilities sufficiently hard to generate revenues necessary to 
		recoup the original investment.) The first might be possible, but is by 
		no means guaranteed. But the second virtually guarantees that the first 
		will never happen. Why would any investor commit to investing in a 
		technology that loses money on the margin? Absent such investor belief, 
		how will we gain sufficient experience to drive capital expenditure 
		down?
 
 By all means, let's get CO2 emissions down. And by all means, let's 
		chase fuel efficiency (including efficient use of coal) as a part of 
		that strategy. But let's be much more skeptical of claims that reducing 
		the efficiency of coal-fired power is the key to an 
		economically-sustainable, carbon-constrained future.
 
 Sean Casten
 President & CEO
 Recycled Energy Development, LLC
 
 Your article is right on the money; increasing power generation 
		efficiency is, in my opinion, a viable option for reducing GHGs, as 
		suggested in the GAO report. You then go on to list mitigating actions 
		that might bring us closer to this goal, but these all seem to be out 
		there in the future somewhere. My concern is, what do we do in the 
		meantime? You mention plant efficiencies starting at 35 percent "of the 
		energy input converted to electricity". Whatever happened to the 
		remaining 65 percent of this energy? I would like to set the record 
		straight on this issue.
 
 Without going into the intricacies of plant heat balance, it is 
		generally accepted by the engineering community at large that almost 62 
		percent of this unused energy, or 40 percent of the total energy input, 
		is lost via the steam condenser cooling system. This is more than the 
		plant's output; what a bonus it would be if we could turn at least a 
		portion of this energy into additional electricity. And it would be 
		non-disruptive, meaning that some of the other proposed technologies 
		could still be added at a later date, thus increasing plant efficiency 
		even further.
 
 Well, there are some farsighted companies tackling this very issue. We 
		have Recycled Energy Development and Ormat Technologies, active in waste 
		heat recovery in some other fields. And there are indications that the 
		list might be growing; I sincerely hope so.
 
 In closing, I urge everyone not to overlook the potential of waste heat 
		recovery as a sort-term means for reducing GHGs or, for plant owners and 
		operators, just a common sense approach to increase revenues.
 
 Alan E. Belcher
 
 Interesting article. However, let's not forget that gas plants emit CO2 
		also, albeit about half the amount per MW as coal. So, gas plants are 
		CO2 polluters too. Something needs to be done with CO2 from gas plants 
		as well! Gas plants are not so CO2 "innocent".
 
 Charles Diestel
 
 You use the term "harmful emissions" in your article. I'm still puzzled 
		by the placement of CO2 in that category. I recently read a CO2-oriented 
		question to the effect of "What environmental benefit may be achieved by 
		mandating permits to limit a uniformly distributed, constituent of clean 
		air, vital to all life, that is emitted by all productive activities on 
		Earth?" If alarmists were to turn the global warming hysteria in the 
		direction of the most abundant greenhouse gas, we'll soon be banning 
		water vapor. I should apologize for mentioning this because it may well 
		plant a seed with the current Administration and especially the EPA, 
		which seem to do a great job of fostering this hysteria with 
		ill-conceived initiatives, while allowing through their own negligence, 
		catastrophic environmental events such as the recent Gulf oil spill.
 
 Don Drumm
 
 
 
Copyright © 1996-2010 by 
CyberTech, 
Inc. 
All rights reserved.  
To subscribe or visit go to: 
http://www.energycentral.com |