Officials with the administration agreed to include the project in China’s energy development plan for the five years ending 2015, the Guizhou Development and Reform Commission said in a report on its website .
The domestic indirect coal-to-oil technology, hatched by the Institute of Coal Chemistry under Chinese Academy of Sciences, has been applied in three pilot projects and one of them, a 160,000 tonnes-per-year plant Yitai in Inner Mongolia, passed NEA’s examination in July, the report said.
The 75 billion yuan project proposed by Guizhou will adopt the technology.
State-owned Shenhua Group Corp, China’s largest coal miner and parent of China Shenhua Energy Co Ltd , has started trial operation of a 1.08 million tpy coal-to-oil plant which is based on a direct coal-to-liquids technology.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
Featured articles
Ocean Floor Gold and Copper
Ocean Floor Mining Company
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.