09.07.2015 Views

Responsibility Report - Peabody Energy

Responsibility Report - Peabody Energy

Responsibility Report - Peabody Energy

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Corporate and Social responsibility | 51Carbon Capture and Storage Projects Serve Diverse PurposesCoal-to-Liquids3%Coal Gasification4%Petcoke to SubstituteNatural Gas Plant4%Fertilizer ProductionOil Refining9%Gas Processing14%Various12%Source: International <strong>Energy</strong> Agency, “Global Value of Coal,” 2012.Power Generation54%Power generation accounts for more than half of the carbon capture and storageprojects in construction or development around the world. The IEA calls fordeployment of 100 large-scale CCS projects by 2020 and more than 3,000 by 2050.The center brings scientists and technology experts together to analyze technologiesin a coal-fueled power plant setting.Western Kentucky Carbon Storage Foundation,Kentucky, U.S.Global Carbon Capture and Storage Institute,Canberra, Australia<strong>Peabody</strong> is a founding member of the Global Carbon Capture and Storage Institute,which is hosted by the Australian government and has a mandate to develop20 integrated industrial-scale carbon storage projects in 10 years.The institute has a number of strategic partners that include the Carbon SequestrationLeadership Forum, IEA, World Coal Institute, International Aluminum Institute, CarbonCapture and Storage Association, Asian Development Bank, World Bank, ClimateGroup, Clinton Climate Initiative and Coal Industry Advisory Board.Btu Conversion TechnologiesTransforming the energy stored in coal into other high-demand forms of energy,including natural gas, transportation fuels and hydrogen is what <strong>Peabody</strong>calls Btu Conversion.Btu Conversion Transforms Coal Into Multiple High-Demand <strong>Energy</strong> FormsElectricityIndustrial GasPipelineSubstituteNatual GasEthanolDiesel<strong>Peabody</strong> is a founding member of this non-profit foundation studying CO 2management in Hancock County, Ky. The study is directed by the Kentucky GeologicalSurvey, which has injected CO 2 into test wells to evaluate the geology for long-termstorage. Monitoring will continue for several years.COAL21 Fund, Canberra, AustraliaCO2 Capture andSequestrationHydrogenJet Fuel<strong>Peabody</strong> is a founding member of the COAL21 Fund, an industrywide effort to pursuea collection of low-carbon technologies, that include a 30-megawatt oxyfuel project inQueensland. Power generation with sequestration is expected to begin in 2012.Technologies allow the energy stored in coal to be converted intoelectricity, chemicals, pipeline-quality natural gas, liquid transportationfuels, hydrogen and more.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!