Oil products provide 96% of the energy used in
Transport. Oil products provide 96% of the energy used in
Transport.
CTL fuels are ultra clean to use - no sulphur, significantly reduced NOx, particulate matter and carbon monoxide emissions. CTL fuels offer higher efficiencies than conventional oil resulting in lower CO2 emissions when used.
Carbon dioxide capture and storage offers the potential for major reductions in CO2 emissions from coal. CCS may result in greenhouse gas emissions being some 20% lower over the full life cycle than fuels derived from crude oil.
Global coal production is expected to reach 7 billion tonnes in 2030 – with China accounting for around half the increase over
this period.
The biggest market for coal is Asia, which currently accounts for 54% of global coal consumption – although China is responsible for a significant proportion of this.
Coal plays a vital role in power generation and this role is set to continue. Coal currently fuels 39% of the world’s electricity
Coal is affordable and widely available. Coal reserves are very large and will be available for the foreseeable future
without raising geopolitical or safety issues.
Coal-based power is not dependent on the weather and can be used as a backup for wind and hydropower.
Liquid fuels from coal provide a viable alternative to conventional oil products.
Ability to manufacture transportation fuels from abundant fuel.
Insurance against depleting oil stocks and oil supply problems.
Oil prices have risen dramatically and are expected to remain high.
Oil provides 35% of global energy consumption and more oil is used today than at any other time. Demand for oil will continue to grow.
Energy security concerns in the oil sector are increasing due to resource availability, supply security, political instability and
infrastructure difficulties.
Liquid fuels from coal provide ultra-clean fuels for use in the existing vehicle fleet, delivered through existing supply
infrastructure; providing local and regional air quality benefits.
We are using around double the amount of primary energy we were 20 years ago, and are facing a doubling again over the next 20 years.
Vehicle ownership worldwide has increased
from around 200 million in 1970 to over 700 million today (2006) . Estimates suggest this will double worldwide by 2030 to around 1.5 billion; in the developing world vehicle ownership is expected to triple.
96% of all energy used in transport comes from petroleum, and transport represents the largest factor in world oil demand growth in the developed and developing world alike.
The growth in demand for liquid fuels, together with the dramatic increase in oil price and energy security concerns, is creating a unique situation for the potential rapid development of coal to liquids industries around the world.
For the transport sector, growing at an annual average rate of 2.5% globally, there are currently few alternatives to liquid fuels. In developing countries, demand is growing even more strongly as economies develop and consumers
purchase more vehicles.
The middle east has about 685 billion barrels of oil compared with 22 billion barrels in the United states. However, there is enough coal in the United states to produce 964 billion barrels of fuel, according to the pentagon.
Synthetic fuels from coal can be used directly in today’s vehicles, with no need for modification.