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COAL21
The Australian black coal industry acknowledges that the production and use of coal is a significant contributor to climate change and the industry has been proactive in developing solutions to reduce emissions from coal.
In 2006 we established the $1 billion COAL21 Fund as part of a world-first whole-of-industry funding approach to support greenhouse gas abatement. The COAL21 Fund will raise $1 billion over 10 years from a voluntary levy on coal production to support the pre-commercial demonstration of low emissions coal technologies, including carbon capture and storage.
More than a quarter of the Fund has now been committed to demonstration projects as well as a national research program managed by Australian National Low Emissions Coal Research (ANLEC) Ltd.
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Summary of ACALET Project Funding Agreements
as of 30 April 2013
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Project Location
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Project name
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Project summary
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Project status
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Government/
industry co-funding amount (if applicable)
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Total
Commitment
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Queensland
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Callide Oxyfuel Project
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Largest demonstration of oxy-fuel technology in the world, which is one of the leading CO2 capture technologies
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Ongoing
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$63M Fed
$10M Qld
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82,800,000
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QLD Storage Assessment (CGI)
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Collect basic geological data in known Qld basins to identify most prospective areas to search for commercial scale geological storage
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Ongoing
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$20M Fed
$6M Qld
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20,000,000
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CTSCo
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Prove up commercial scale geological storage reservoir in Qld
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Complete
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$7.6M Fed
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8,927,827
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Wandoan - Stanwell
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Early feasibility studies for CO2 capture options in Qld, in conjunction with the CTSCo project above
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Complete
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$8M Fed
$3.15M GE
$1.5M Stanwell
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6,582,283
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Zerogen IGCC (Integrated Gasification Combined Cycle) with CCS
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Feasibility study for a large scale power station using IGCC technology, which has longer term potential for capturing CO2, and associated geological storage in Qld
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Complete
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$38.5M Fed
$102.4M Qld
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41,370,223
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New South Wales
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Delta PCC Project
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Characterisation of storage site in NSW for a modest scale (100,000tpa) CO2 storage demonstration, and preliminary design of a PCC plant as the CO2 source. PCC (Post Combustion Capture) is another leading CO2 capture technology
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Ongoing
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$9.4M Fed
$9.4M NSW
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9,430,000
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NSW Storage Assessment
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Collect basic geological data in known NSW basins to identify most prospective areas to search for commercial scale geological storage
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Ongoing
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$18.1M Fed
$18.1M NSW
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18,100,000
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National
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ANLEC Research Ltd
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Conduct R&D to support CCS demonstration projects and test concepts for longer term improvements
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Ongoing
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$75M Fed
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75,000,000
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CO2CRC & Otway Project
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Conduct geological storage research in a depleted gas field in the Otway region
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Ongoing
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$20M approx. mostly Fed
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2,000,000
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VAM Abatement Project
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Identify the safety risks associated with deploying commercial technology for the abatement of methane in ventilation air from underground coal mines
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Ongoing
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Nil
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700,000
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Total Project Funding Agreements
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#
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264,910,333
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# Note that the figures do not include overhead and administrative expenses
The COAL21 Fund builds on the COAL21 Partnership which was formed in 2003 and included representatives from the coal and electricity industries, unions, federal and state governments and the research community. The main outcome of this partnership was the COAL21 Action Plan, launched in 2004, which provided a blueprint for accelerating the demonstration and deployment of technologies that will reduce greenhouse gas emissions from coal-based electricity generation.
Photo by Robert Billington, courtesy of NSWMC
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