Did you know that the University of Kentucky’s Center for Applied Energy Research prepared a July 2007 report on the viability of coal gasification in Kentucky? The report looks at converting Kentucky coal to fuel and other products in Kentucky coal gasification plants to replace imported oil products.
According to the report, the point at which coal gasification became economically viable was oil reaching $60 per barrel. Today, oil is over $140 per barrel and rising, so the economics for such one or more coal gasification plants are present. See the report at http://www.energy.ky.gov/NR/rdonlyres/7D2F37F4-6A79-4A9B-9B07-EE3DDCAB3A0B/0/HB299ReportCTLSNGTechnologiesFinishedWorkProduct.pdf
Posted by: Attorney Sanders
Categories:
Energy Policy
Energy Supply
energy