Clean Coal Technology

Clean Coal Technology

Clean Coal Technology (CCT) is a term that includes various technologies and innovations aimed at reducing emissions such as fly ash, particles, and gases like carbon dioxide (CO2), carbon oxide (CO), and nitrous oxides (NOX) from the coal industry. The aim is to minimize environmental concerns. However, there are still concerns about the economic viability, overall feasibility, and delivery timeframe of these technologies.

Clean Coal Technologies (CCTs) aims to use coal for power generation in more environmentally friendly and economically viable ways. They encompass processes that can be applied before, during, and after utilization. There are two main approaches to developing Clean Coal Technologies. The first approach is to develop more thermally efficient systems that use less coal to generate the same amount of power, resulting in reduced emissions. This approach has the advantage of reducing the extent of flue gas cleaning required. The other approach is to enhance and develop new methods to effectively clean the emissions affordably.

• Based on technology, the clean coal technology market is segmented into combustion technology, gasification technology, enabling technology, carbon capture and storage technology, and carbon sequestration technology. Carbon sequestration technology will hold a significant share of the clean coal technology market in 2023. This is mainly because it can reduce carbon emissions from coal-fired power plants which are major sources of greenhouse gases. Moreover, Governments and international bodies have recognized the importance of CCS in achieving their climate goals. Significant regulatory support in the form of subsidies and tax incentives has been provided to encourage the adoption of CCS. For example, the US offers tax credits under the 45Q provision for CO2 sequestration which has driven investment in CCS projects.
• For a better understanding of the market adoption of the clean coal technology industry, the market is analyzed based on its worldwide presence in countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, UK, France, Spain, Rest of Europe), Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), Rest of World. North America has acquired a significant share of the clean coal technology market due to soaring investments in advanced technologies and stringent environmental regulations. The region’s push to reduce greenhouse gas emissions has driven the development and adoption of cleaner coal technologies like carbon capture and storage (CCS), integrated gasification combined cycle (IGCC), and supercritical and ultra-supercritical steam cycles. The US has led the way with big federal funding and supportive policies. Further, the shift to diversify energy sources and the abundance of coal in the region has driven innovation in clean coal technologies to keep coal in the energy mix. Government and private sector investment in clean energy and sustainability has put North America at the forefront of the clean coal market, proof that technology can meet environmental goals.
• Some of the major players operating in the market include Royal Dutch Shell PLC, General Electric Company, Alstom Power Siemens AG, Clean Coal Technologies Inc., KBR Inc, Siemens AG, Mitsubishi Electric, Toshiba, BHEL, and Harbin Electric Company.