Coal and Coal-to Liquid Technologies = “Massive Investment Opportunity

PRLog (Press Release) - Jul 17, 2008 -
That’s the conclusion of a new report on “cleaner” coal technologies from Hawkins & Doyle, Venture Capital firm. The report concludes that if existing coal-fired power plants are equipped with air pollution control equipment, and if a majority of new plants are built on clean-coal platforms, a $170 billion market opportunity exists over the next two decades.

The Wall Street firm, which is known for its “cleantech” research, further concludes that coal-to-liquids (CTL) technology represents a “viable means for energy independence,” and thus it sees a $60 billion annual “unconventional” liquid fuels market developing by 2030, as coal is used instead of oil to make primarily transportation fuels.

Overall, the report concludes: “We see this multibillion-dollar clean coal industry thriving both on the domestic and international fronts, as social, legislative, economic and technological drivers come together to make reliance on coal as an energy source a much more environmentally sound practice. As these factors come together, we believe there will be a massive investment opportunity over the next few decades to support technology development and subsequent global deployment.”