Squaring the Circle on Coal – Carbon Capture (CCS)

By Chris Hodrien

2008 Claverton Conference Paper Synopsis: Huge global reserves of coal remain, well-distributed among relatively stable supplier nations, and its production is increasing. With the recent rapid increases in oil and gas prices, especially in the UK, it is again becoming the minimum cost option for power generation and heavy industry. Large thermal (steam turbine) powerplant is also the global utilities’ preferred generating option because of its predictability/reliability, operational characteristics, retrofit to existing powerplant sites and “fit’ to the existing grid structure.

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Carbon Pools – Financing Energy after Peak Credit

By Chris Cooke

2008 Conference Paper Synopsis

1/ Conventional Financing – involves both “asset-based finance” (Investment) and “deficit-based” finance (Debt), typically “secured” or “asset-backed.”

– investment is either “Public” – by the State – or “Private’ through a legal entity known as a “Joint Stock Limited Liability Company.”

2/ Peak Credit and the Credit Crunch – following last year’s point of “Peak Credit” conventional “deficit-based” financing is drying up rapidly, and probably permanently.

3/ “Equity – but not as we know it, Jim” – using legal frameworks which are not based upon Company Law, but upon Trust and Partnership Law.

4/ Introducing the Carbon Pool – a simple new investment mechanism where assets remain in Public ownership, but investors could buy Energy Units redeemable against units of energy eg 10 Kilo Watt Hours.

– Carbon Pool funds may then be created, unitised, funded by a carbon levy and used to invest directly in renewable energy (“MegaWatts”) or energy savings (“NegaWatts”).

5/ Outcomes – by creating, and Unitising energy – with intrinsic value – energy value of carbon may be monetised rather than monetising by government “fiat” intrinsically worthless CO2, or TEQ’s .

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Sustainable Light Rail -Professor Lewis Lesley

By Professor Lewis Lesley – John Moore’s University.

2008 Conference Paper Synopsis: In an increasingly urbanized world most personal journeys are made in towns and cities and are relatively short, in UK 75% under 8km long. In the developed world, the motorcar dominates these trips. Car drivers will however transfer some trips to rail. Electrically powered light rail (or tramways) is an economic means for satisfying many short urban trips. Light rail can be constructed with a minimum of urban disruption and when coupled with renewable generation is energy sustainable. It also has a negative carbon footprint, when diverted car trips are included.

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Biomethane as a Vehicle Fuel – It’s the Vehicles, Stupid

By John Baldwin

2008 Conference Paper Synopsis:

1. Development of NGVs 2000 to 2008
2. 3rd generation NGVs launched in Q1 2009 – VW Passat on biomethane is the world’s best car in well to wheel CO2 terms
3. Potential biogas resource – The UK’s largest 3rd generation bio-fuel
4. Production of biomethane – Clean-up technologies and costs
5. Injection of biomethane into gas grids
6. EU Renewable Energy Directive
7. UK RTFO, ROCs and renewable heat support
8. Biomethane Eco-leadership projects
9. Conclusion – it’s the vehicles stupid

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Desert Rose – Fresh Water & Forest Cover

Desert Rose – Fresh Water & Forest Cover
By Dr Richard Lawson

2008 Conference Paper Synopsis: Desert Rose is a conceptual approach to using two resources – sunlight and seawater – that coastal tropical areas have in abundance to supply two resources that are in short supply and dwindling – fresh water and forest cover. It suggests that once past a critical point, the growth in forest and water tend to become a self-propagating system. Energy costings relating to developing this concept are addressed.

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IGCC plus CCS: An Objective Analysis

By F.Starr

2008 Conference Paper Synopsis: The paper briefly describes the technology of conventional IGCCs for electricity generation and shows how such “precombustion plants” need to be modified to capture CO2. The main difference is that the raw gas from the gasifier has to be treated to produce a fuel gas containing more than 90% hydrogen. This adds to the complexity of the plant. But the main reason why the large scale construction of such plants is unlikely in the near future is the absence of a large domestic and industrial market for hydrogen. The paper therefore advocates the production of substitute natural gas, with CO2 capture, as being a more realistic option which can use the existing infrastructure

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Electricity Prices In The United Kingdom – Fundamental Drivers and Probable Trends 2008 to 2020

Fundamental Drivers and Probable Trends 2008 to 2020

Hugh SharmanThe mindless and self-congratulatory drift and chatter in the UK’s energy area during the last fifteen years, in particular the last ten, has the UK sleep-walking into brown-outs and/or severe energy rationing in less time than it takes to plan, engineer, license, procure, build and commission more than 30 GW in new, “clean coal” or nuclear plant by 1st January 2016.

Some gas capacity is on its way but this will be commissioned just in time for a World gas-supply crunch, sparked by the serial failure of Indonesia to meet its Far East contractual commitments, continued decline of gas production in Russia and Canada, the cap on new LNG exports from Qatar and exports from Norway and the continued reluctance of Iran to develop any gas export business at all. Most seriously of all, for UK (and Europe), it is the deliberately contrived investment policy of Gazprom to remain very tight on upstream capacity far into the foreseeable future, while dominant in down-stream infrastructure.

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An Accident Waiting to Happen – what lies behind the oil spikes.

While the oil market survived the recent storm surge of money, the inevitability of future waves of speculative money sweeping into the market, mean that an oil market meltdown is an accident waiting to happen. To follow the US approach to regulation of oil futures markets would be to try and solve today’s problems with yesterday’s tools.

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