Promising solutions include chemical looping combustion and an integrated gasification combined cycle, finds Frost & Sullivan

CAPE TOWN, South Africa – 8 December, 2016 – The relatively high efficiencies and production rates of renewable energy sources are highlighting the need to make coal-based technologies clean and more effective. Coal-based power production accounts for approximately 41 percent of global electrical energy produced, and will continue to dominate the market for the next two decades. Government funding and private participation are already bringing promising coal-based power generation technologies to the forefront.

Power - night_lights_IMage Resource Library Think Stock.jpg“Efficient oxygen carriers and combined cycle plant techniques are propelling the power generation market forward,” said TechVision Research Analyst Guhan Sriram R V. “Within the next five years, the development of efficient materials for chemical looping combustion (CLC), along with improvements in reliability of integrated gasification combined cycle (IGCC) plants and carbon sequestration efficiencies, can be expected.”

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Beyond 2020, CLC will begin to take over as – similar to CO2-based powergeneration technologies – it is approaching the commercialisation phase. Coal fired magnetohydrodynamic (MHD) is another promising technology; although it is still in the early stages of development.

“For now, IGCC will dominate clean power production,” noted Sriram. “The technologies that IGCC are based on, like gasification and steam turbine based power production, are quite well established and any development in these technologies can be easily incorporated to IGCC to improve its performance.”

These solutions hold the potential to drive adoption by improving combustion rates significantly, reducing greenhouse gas (GHG) emissions, and increasing efficiencies through better carbon capture opportunities.

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Frost & Sullivan’s global TechVision practice is focused on innovation, disruption and convergence, and provides a variety of technology-based alerts, newsletters and research services as well as growth consulting services. Its premier offering, the TechVision programme, identifies and evaluates the most valuable emerging and disruptive technologies enabling products with near-term potential. A unique feature of the TechVision programme is an annual selection of 50 technologies that can generate convergence scenarios, possibly disrupt the innovation landscape, and drive transformational growth. View a summary of our TechVision program by clicking on the following link: http://ifrost.frost.com/TechVision_Demo.

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Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

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