Underground Coal Gasification an Attractive Option for Some Markets

Forbes reported that underground coal gasification, a technology that had introduced a viable energy alterative years ago as natural gas prices rose, but eventually lost favour in the face of cheaper shale gas, may be making a comeback.

As quoted in the market report:

In other parts of the world, where coal seams are deeper and gas prices are well over $10 per mmBtu, UGC is making more progress.  China, India, South Africa, New Zealand, Australia, and other countries are pushing the technology harder.  Currently, China is reported to have approximately 30 plants in various stages of development.  India is reviewing the the process intently, as it has a serious problem accessing its coal supply.  South Africa has a long history of syngas production (since the apartheid days), and has pilot facilities that have been operating for some years.  Australia possesses a site which has been operating for over a decade, and they use the process to produce cost-competitive diesel fuel.

To view the whole Forbes report, click here.