As I posted...

As I posted elsewhere.

http://www.bcinnovation.com.au/NewFutureforBrownCoal


"New Future for Brown Coal



A step-change in technologies, through significant investment in research and development, is required to secure a sustainable future for brown coal and exploit the value of Victoria's world-class energy resource."


http://www.bcinnovation.com.au/CurrentProjects



"$1,300,000 funding for 'High efficiency power from Victorian brown coals'; submitted by CSIRO Advanced Coal Technology. Project participants include Exergen Pty Ltd and Ignite Energy Resources Pty Ltd.

This project will investigate high efficiency power generation using processed Victorian brown coal in an adapted diesel engine. A range of low-cost, coal processing technologies will be examined and the research program expects a step-change in fuel cycle efficiency which will enable a 45 per cent reduction in CO2 emissions compared with the best existing brown coal power plants. The increased efficiency of the direct injection coal engine powered by lignite water fuel can be achieved at one fifth the unit capacity of proposed new low-emissions coal fired power plants; thereby substantially reducing the capital costs of low-emissions brown coal energy in the near term. The direct injection coal engine also offers the potential of increased operational flexibility to support peak load electricity demand and supply from intermittent renewable energy."



http://www.csiro.au/Portals/About-CSIRO/How-we-work/Governance/FOI-Request-Disclosure-Log-2012-13.aspx

Pages 93-94 of the FOI documents tell the story of how Exergen technology came out favourably.

"In December 2011 the CSIRO delivered a report to Exergen comparing the levelised cost of electricity produced from their technology compared with other competing technologies in Victoria.

Exergen technology has come out favourably in the report."


http://www.exergen.com.au/projects.html


"Bacchus Marsh

Exergen has established a joint venture with WA-based exploration company Mantle Mining Corporation Limited (ASX: MNM) to develop the historic Bacchus Marsh coal deposit in country Victoria. The JV has been awarded an Exploration Licence (EL 5294) and following a recent 15-hole drilling program the partners are expected to announce a JORC Compliant Resource in July.August of 2012. Exergen's goal is to develop a long-term mine plan and CHTD processing facility which will underpin an export-based coal operation with established rail and port infrastructure."

cheers
B Rubes