Abstract
Coal-fired power is the primary means for electricity generation worldwide. As a result, the market for coal-fired power generation equipment and services is very large, much larger in fact than the other generation markets, i.e. hydro, nuclear and renewable. Further, coal-fired power still will be the largest generation market in 2018, despite all the excitement about renewables. Coal-fired power is of interest both because it' s so big a market, but also because the development of new, "clean coal" technologies potentially holds the key to addressing the problem of global warming in a significant way.
The report examines coal-fired power technology, the global market for coal-fired generation equipment and engineering, procurement, construction (EPC) services, utility "clean coal" activities and coal-fired equipment and EPC services providers. The emissions problems associated with coal-fired power are discussed, especially carbon dioxide (CO2) emissions. The technology of CO2 capture and sequestration (CCS) is presented, along with the market potential of CCS as it moves into the commercialization phase. The coal-fired generation market, along with the markets for thermal, nuclear, hydro and renewable generation are sized both in MW and US dollars, by region, during the 2008-2018 period. Global utility capex, along with CCS efforts, especially those of E.ON and RWE, are discussed. Profiles of leading global suppliers of generation equipment, as well as EPC services, are given, along with estimated market shares and financial comparisons.
Table of Contents
EXECUTIVE SUMMARY
INTRODUCTION
- Background and Scope
- Methodology and Sources
- Statistical Notes
COAL-FIRED POWER TECHNOLOGY
- - Coal Types
- - Air-Blown PC Combustion
- - Subcritical
- - Supercritical
- - Ultra-Supercritcal
- - Fluid-Bed Combustion
- - Emissions
- - Coal-Fired Non-CO2 Emissions:
- - Nitrogen Oxides (NOx)
- - Sulfur Dioxide (SO2)
- - Mercury (Hg)
- - Coal-Fired CO2 Emissions
- - The Problem With CO2
- - Carbon Market
- - Coal-Fired Power and CO2
- - Pulverized Coal CO2 Capture
- - Oxygen-Blown Coal-Based Power Generation
- - Integrated Gasification Combined Cycle (IGCC)
- - IGCC With Pre-Combustion CO2-Capture
- - IGCC And Non- CO2-Emissions
- - Carbon Sequestration
- - Proposed CCS Power Projects
- - FutureGen
- - Global Energy Technology Strategy Program
- - Chinese Emissions
MARKET OVERVIEW
- - Generation Market
- - Thermal Market
- - Coal-Fired Market
- - Opportunities
- - Risks
- - Competitive Environment
- -Winners
ELECTRIC UTILITIES
- - Overview
- - Profiles of Selected Electric Utilities And Their Coal-Fired Power Activities:
- - American Electric Power Company, Inc.
- - AES Corporation
- - CMS Energy Corporation
- - Dominion Resources, Inc.
- - Duke Energy Corporation
- - E.ON AG
- - RWE AG
COMPANY PROFILES
- ABB Ltd.
- Abengoa S.A.
- ACS-Actividades de Construccion y Servicios SA
- AMEC plc
- Balfour Beatty plc
- Bilfinger Berger AG
- Bouygues SA
- Chengda Engineering Corp. of China
- Chiyoda Corporation
- CTCI Corp.x
- Eiffage S.A.
- Fluor Corporation
- General Electric Company
- Hyundai Engineering & Construction Co. Ltd.
- Larsen and Toubro Ltd.
- McDermott International, Inc.
- Pöyry Plc
- The Shaw Group Inc.
- Siemens AG
- SNC-Lavalin Group Inc.
- Taisei Corp.
- URS Corporation
- Vinci S.A.
- WorleyParsons Ltd.
TABLES
- -Global Fuel Consumption by Type: 2007
- -Hard Coal Reserves and Output by Region: 2007
- -Coal' s Contribution To Power Generation For Selected Countries: 2007
- -World' s Largest Hard Coal Producers: 2006
- -US Nationwide Projected Emissions From Fossil Fuel Based Electric Generators: 2003 - 2020
- -World Carbon Dioxide Emissions by Region and Country: 1990 - 2030
- -Global Generation Market by Fuel Source (Thermal, Renewable, Nuclear, Hydro) by Region (MW): 2008-2018
- -Global Generation Market by Fuel Source (Thermal, Renewable, Nuclear, Hydro) By Region ($ Million): 2008-2018
- -Construction Costs ($/kW) for Generation by Fuel Source (Thermal, Renewable, Nuclear, Hydro) by Region: 2008
- -Global Thermal Market by Region: 2008-2018 by Year (MW)
- -Global Thermal Market by Region: 2008-2018 by Year ($)
- -Estimated OEM and EPC Company Power Revenues: 2007
- -Power OEM and EPC Company Financial Comparisons: 2007
- -Capital Expenditures by Leading Global Electrical Utilities: 2004-2007
FIGURES
- -Low-Emissions Pulverized Coal Unit
- -Subcritical Pulverized Coal Unit
- -Ultra-Supercritical Coal Unit
- -Circulating Fluid-Bed Unit
- -GlobalWarming Trends: 1000-2000 AD
- -World Carbon Dioxide Emissions by Region: 2003-2030
- -World Carbon Dioxide Emissions from Coal Combustion by Region: 1990-2030
- -Subcritical Pulverized Coal Unit with CO2 Capture
- -Ultra-Supercritical Pulverized Coal Unit with CO2 Capture
- -Supercritical Oxy-Fuel Generating Unit with CO2 Capture
- -IGCC Power Plant
- -Performance and Economics for Air-blown PC Generating TechnologiesWith/Without CO2 Capture
