Asia-Pacific is projected as the largest market for underground...

Asia-Pacific is projected as the largest market for underground coal gasification over the next 5 years due to impressive growth in end-use industries ranging from power to chemicals. China along with India, and Australia are key markets for underground coal gasification projects. China is the largest producer as well as the largest consumer of coal based energy. It consumes almost half of the total coal production to meet its energy demand. China has conducted 17 UCG trials since 1991 to check the economic viability of UCG. Major power generating enterprise SinoCoking Coal is planning to harness coal reserves in Henan Province which was abruptly shut down because of strict environmental compliance set up by Chinese government. UCG is an environmental friendly approach that empowers companies to scale high power generation. With world's most populated country, China offers a vibrant platform for energy sector companies to set up their base in China and thereby meet the growing demand of energy in China. Recently, China signed a whooping US $ 1.5 billion major pact with UK for commercial development of UCG in interiors of Mongolia.

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http://www.digitaljournal.com/pr/2481773