BALANCED ENERGY GROWTH – IN EMERGING ECONOMIES
IMPLIES CLEAN ENERGY TECHNOLOGIES, SUSTAINABLE BUSINESS STRATEGIES, AND PROACTIVE GOVERNMENT SUPPORT
The 21st century needs sustainable business strategies that provide an increasing energy supply while supporting climate protection and social development goals.
Transformational technologies, such as carbon capture, utilization, and storage (CCUS) will need to play a key role.
The International Energy Agency’s World Energy Outlook (WEO-2013) projects in their central scenario that global energy demand will increase by one-third from 2011 to 2035. Fossil fuels did account for 82% of primary energy demand in 2011, and will fall slightly to about three quarters in 2035. Furthermore, emerging economies will account for more than 90% of global net energy demand growth.
According to IEA’s projections, electricity demand will grow by more than any other final form of energy and coal will continue to be the largest source of electricity generation. Global coal demand will increase 17% by 2035. India, Indonesia and China account for 90% of the growth in coal production. Energy related CO2 emissions will rise by 20%, reaching 37.2Gt globally in 2035, according to IEA’s central scenario.
IEA’s projections show that energy supply in the near future, and specifically in Asia will significantly rely on fossil resources, including high CO2 emitting coal combustion.
Carbon capture and storage (CCS), with CO2 utilization, offer a solution to manage the reality of massive global fossil energy consumption even beyond 2035.
It will take concerted action by G20 countries to provide proactive support and an ambitious industry to engage, to deliver much needed cleaner fossil energy.
The International Energy Agency’s CCS Technology Roadmap (2013 Update) singles out the need to “introduce financial support mechanisms for demonstration and early deployment of CCS to drive private financing of projects”.
Furthermore, CO2 utilization options within CCS projects can attract business groups and industry to engage in real scale application and demonstration of CCUS projects that will drive down overall costs, making those technologies affordable in emerging economies. Beneficial utilization of CO2, creating a revenue stream from captured CO2, can be realized through enhanced oil recovery, enhanced coal bed methane recovery, the algal biomass industry, and others. CO2 used for enhanced oil recovery is already high in demand in the USA, and significant CO2 utilization potential has been identified, for example, in selected APEC economies.
Jupiter Oxygen’s carbon mitigation solutions
Jupiter Oxygen’s oxy-combustion based carbon capture technologies in conjunction with CO2 utilization offer economic solutions to substantially mitigate CO2 emissions. Co-benefits from applying those technologies to coal fired power plants will be air pollutant control and CO2 recycling or permanent CO2 storage.
Schematic: Jupiter Oxygen & NETL Coal Power Plant Retrofit with Carbon Capture
Jupiter Oxygen’s focus is to identify favorable logistics for large scale CCUS demonstration projects, based on its unique oxy-combustion and carbon capture technologies, with bringing together strategic alliances that can manage and finance those complex projects, with demonstration project activities in the U.S., China, India and Mexico.
About Jupiter Oxygen Corporation
Jupiter Oxygen Corporation (JOC) has developed technologies for industrial energy efficiency and cost effective carbon capture from fossil fuel power plants. Jupiter Oxygen’s expertise is based on its continued research, development and use of oxy-combustion.
Jupiter Oxygen worked a decade with experts from the National Energy Technology Laboratory (NETL) of the U.S. Department of Energy to develop clean fossil energy solutions, with focus on retrofitting existing coal fired boilers.
JOC’s “high flame temperature oxy-combustion technology”, combined with NETL’s Integrated Pollutant Removal (IPRTM) system, enables the capture of more than 95% of CO2, and the elimination of key pollutants (NOx, SOx, PM, mercury). The technology has been implemented at Jupiter Oxygen’s 15 MWth boiler test facility and research center south of Chicago. Jupiter Oxygen and NETL developed a new boiler design based on high flame temperature oxy-combustion, which can serve the CO2 utilization industries in the near future.
About the Authors:
Dietrich Max Gross, Chairman & CEO
Dietrich Gross started Mercury Stainless Corp., in the early 1970s. He created Jupiter Mortgage Corp and later founded Jupiter Aluminum Corp. and over the last 20 years has grown it into the most successful independent aluminum producer in the U.S. He has been named on numerous patents with which he established Jupiter Oxygen Corporation in 2001.
In 2008, Dietrich Gross received the prestigious Innovative Technology Award from the Alliance to Save Energy. Currently, Mr. Gross’ focus is to realize large scale CCUS demonstration projects, based on Jupiter’s unique oxy-combustion carbon capture technologies, with activities in the U.S., China, India and Mexico.
THOMAS WEBER, President
Thomas Weber works directly with the CEO and the executive management team to expand Jupiter Oxygen’s clean energy business and project development in the U.S. and internationally. Thomas represents Jupiter Oxygen with the Business Council for Sustainable Energy (Board of Directors), as well as the Global CCS Institute, and the Carbon Sequestration Leadership Forum. He regularly participates as a business delegate at the United Nations’ Climate Change conferences.
Before joining Jupiter Oxygen USA in 2004, he had sixteen years of experience in interdisciplinary project management in German companies, with 10 years at a construction firm, including as CEO.
 IEA’s central scenario: The New Policy Scenario, which takes account of existing policies and the anticipated cautious implementation of declared policy intentions [WEO-2013]
 Asia Pacific Economic Cooperation: Feasibility of Accelerating the Deployment of Carbon Capture, Utilization and Storage in Developing APEC Economies; APEC’s Energy Working Group; March 2014