The World of the 21st Century has to manage the growing energy demand for emerging and existing Modern Economics while facing the social and environmental challenges of climate change. Sustainable Business strategies are needed that can provide an increasing energy supply while supporting ambitious climate protection and social development goals. By revolutionizing combustion of Fossil Fuels and Bio Fuels based on our Unique Oxy-Fuel Combustion Process, heat transfer effectiveness is maximized and energy efficiency is significantly improved. The impressive results are two fold :
EIA's recently released International Energy Outlook 2013(IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 52 quadrillion British thermal units(Btu) to 820 quadrillion Btu. Most of this growth will come from non-OECD(non-Organization for Economic Cooperation and Development) countries, where demand is driven by string economic growth. Renewable energy and nuclear power are the world's fastest-growing energy sources, each increasing 2.5% per year. However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase.
We will be capturing CO₂ from large point sources such as Coal, Oil and Natural Gas Fired Power Plants. Industrial Plants also provide us with a good amount of Cabon utilization. Enhanced Oil Recovery and Enhanced Coalbed Methane Recovery both are good options and worldwide potential for Cabon Utilizationread more
Using CO₂ for EOR / ECBM will increase energy independence and utilizing it will control & store substantial amounts of CO₂. Carbon Capture cost will be offset in part by recovered resources. The reason why this Technology is not deployed widely is because it is considered to be expensive.read more