BCIA today announced $650,000 funding towards a research and development project which will target significantly reduced carbon emissions from brown coal power generation in Victoria and throughout the world.
The $5M research project will combine CSIRO CO2 capture innovation with that of major Japanese technology vendor; IHI Corporation. The project targets a 40 per cent reduction in the energy usage of current plant post combustion capture (PCC) processes for Victorian brown coal-fired power plants. Capturing CO2 requires significant power and consequently increases energy costs.
BCIA Chief Executive, Dr Phil Gurney, said: “This research project will see the installation of a $1M Japanese-built PCC pilot plant at AGL Loy Yang Power station; the first in Victoria to operate around the clock. The expected reduction in energy usage – as targeted by this project – would lead to significant savings in the cost of energy supplied to the consumer compared to implementing carbon capture using first-generation PCC plant."
Innovation of low-emissions technology for brown coal usage requires major investment over a long period of time: up to 20 years from research concept to market development. Additionally, the availability and accessibility of human resource expertise is of critical concern for coal-based industries throughout the world.
Australia has vast world-class brown coal resources; totalling about a quarter of all known reserves. Low-emissions technologies, for both electricity generation and value-added products derived from brown coal, can limit damaging climate change and safeguard the nation's future economic prosperity.