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Adding to the 5MW power generation, I just received a CNX newsletter in my inbox.

Some snippets from the news letter.

Power generation at Bloodwood Creek in Queensland:

As you may be aware, we have been producing syngas at our Bloodwood Creek location for several months. Consequently we are now evaluating the opportunity to use the gas we are producing to generate elctricity. Planning is well underway for the development of a 5MW power station located at the Bloodwood Creek site for supply into the local electricity grid.

Converting the syngas into electricity will have a number of major benefits for Carbon Energy, such as;
>the ability to provide power to our own plant and equipment, thereby reducing our diesel usage and importantly, our running costs.
>once the 5MW power station is connected to the local electricity network, this gives us the opportunity to generate revenue from the sale of the electricity generated.

Whilst a number of aspects of the 5MW power station project are yet to be finalised, a decision to commence is expected within the next couple of months. Once operational, this power facility will be the first commercial UCG syngas fired power station in Australia. Timing to produce the first electrons is 'expected between October and December this year'.


This was also metioned:

*We are in discussions regarding a number of really interesting and exciting projects, which will see Carbon Energy developing the potential to become a major contributor to the growing energy industry in Queensland and WA.

*Additionally, a number of international resource opportunities have been identified by Carbon Energy and are under investigation.