Fw: Canada shale-gas news: new Coal powerplants OUT, G-T-L liquids IN

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Chris Hodrien

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Mar 10, 2011, 7:41:52 AM3/10/11
to Claverton AB MAIN GROUP, Claverton- Large Powerplant Web-Group
Dramatic news from my Calgary powerplant contact....we live in amazing times.  Chris Hodrien
 
----- Original Message -----
From: Malcolm McDonald
Sent: Thursday, March 10, 2011 3:29 AM
Subject: RE: Exelon CEO: Legislation not needed to transition US power generation to cleaner energy

Chris:  In our papers today there was a note about Sasol having just signed a contract to acquire additional shale-gas resources for a proposed Gas to liquids plant, I believe at Kitimat in northern BC.  See: http://www.nationalpost.com/news/Sasol+buys+stake+second+Talisman+shale+asset+boost+portfolio/4406840/story.html
 
The belief appears to be that shale gas will bring the cost of gas-to-liquid transportation fuels to an economic point compared with $100+ oil.
 
Re the conversion of coal fired power to natural gas combined cycle, that is also the strategy being put into play in Canada.  TransAlta recently announced it was shutting down two ~400 MW coal units because the cost of repairs to keep them running was uneconomic.  TA are also just commissioning a 450 MW SC PF coal-fired plant, which looks as if it will be the last* coal-fired plant to start up in Canada, and perhaps in North America.(??)
 
Malcolm
-----Original Message-----
From: Chris Hodrien [mailto:chod...@blueyonder.co.uk]
Sent: March 9, 2011 5:34 AM
To: Claverton AA NEWS CLIPS
Subject: Exelon CEO: Legislation not needed to transition US power generation to cleaner energy

An interesting 'countervailing' view from a 'free marketeer'. The current fortunate US shale gas situation is similar to that at the start of the UK 'dash for gas'. It could achieve perhaps 30% US power sector CO2 reduction, at much lower costs, but not more without adding gas plant CCS. With CCS, it could achieve 90% CO2 reduction, still at lower cost than renewables until gas prices rise very substantially.-Chris Hodrien

Exelon CEO: Legislation not needed to transition US power generation to cleaner energy


PennEnergy, March 8, 2011

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