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Overview:
CTL technologies have a long and distinguished pedigree – being initially developed in Europe during the first three decades of the Twentieth Century.
A wide spectrum of liquid fuels and other chemicals can be produced from coal - but these processes became uneconomic in the post-World War II era when large volumes of cheap crude oil from the Middle East and other oil producing countries entered the marketplace. Since then commercial interest in CTL has been sporadic and marginal in nature [primarily driven by energy security concerns and hikes in the price of crude oil].
The increase in the price of crude oil between 2005 and 2008 led to a new surge of interest and commercial activity. However, the collapse in the oil price between Summer 2008 and early 2009 – falling from US$147/barrel to below US$40/barrel caused many CTL projects to be abandoned or postponed.
In spite of this setback, the outlook for CTL in several parts of the world remains positive – with major production facilities undergoing construction and commissioning in China.
The recovery in global oil demand - as well as the peak production of light sweet crude oil in the next few years - will lead to an increase in crude oil prices and will also underpin the requirement for alternative fuel sources, which include CTLs.
This masterclass will examine the global developments and the future outlook for the production of liquid fuels and products from coal (coal to liquids or CTLs).
Why should you attend?
- Develop a detailed understanding about the technologies and the key drivers affecting the future development of the CTL sector
- Gain valuable insights about the key players operating in the sector and their projects
- Examine potential investment opportunities and challenges in the sector
- High level contact with an expert speaker
- Train your whole team
About the Masterclass Leader:
Dr Andrew W. Cox
Manager, Energy Intelligence & Marketing Research
Originally from the coal-mining town of Mansfield, Nottinghamshire, United Kingdom.
Higher Education:
BSc in Human Environmental Studies, King’s College, London University (1981);
MSc Environmental Technology and Energy Policy, Imperial College, London (1982);
PhD (Thesis entitled: “Future Strategies for Coal in the United Kingdom”), Department of Chemical and Process Engineering, University of Newcastle upon Tyne (1987)
Research Associate (1986-88), University of Newcastle upon Tyne – Project: “Opencast Coal Mining in the North East of England”.
Research Fellow (1988-1990), University of Durham – Project: British Coal and Opencast Coal Mining”
Director (1991-1995) of Coal Information and Consultancy Services Ltd – Editor of monthly newsletter “UK Coal Review”, plus conducted consultancy projects on coal and energy-related projects.
Since May 1995 Dr Cox has been an independent energy and environmental consultant – trading as Energy Intelligence & Marketing Research.
The business specialises in consultancy work in the coal and energy sectors in the United Kingdom and throughout the world. Recent consultancy work has involved project and background studies including climate change, economic appraisals and evaluations of coal to liquids technologies, surface coal mining projects, and smart grids.
Since the late-1980s Dr Cox has written or contributed to a wide range of energy and environmental publications – with recent papers and articles dealing with clean coal technologies, the development of coal to liquid technologies, carbon capture and storage, and second generation biofuels.
Dr Cox is also a Visiting Lecturer at Imperial College London.
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