21/05/2008 - 22:00

Cool collaborates on storage

21/05/2008 - 22:00

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West Perth-based clean energy company Cool Energy Ltd has joined forces with one of Australia’s premier geological storage companies to provide what it claims is a total service solution for the capture and storage of carbon dioxide.

Cool collaborates on storage

West Perth-based clean energy company Cool Energy Ltd has joined forces with one of Australia's premier geological storage companies to provide what it claims is a total service solution for the capture and storage of carbon dioxide.

Cool Energy, creator of the CryoCell CO2 capture technology, has signed a memorandum of understanding with Brisbane-based Greenhouse Gas Storage Solutions to collaborate on sustainable and economically viable methods of CO2 capture and storage.

The CryoCell technology extracts carbon dioxide from gas feedstocks in liquid form, which can then be geologically sequestered.

Cool Energy chief executive Jessie Inman said while the company had been predominantly focused on capture and gas processing, it hadn't built expertise in underground geological storage.

She said the GGSS had done more work in this area than any other company in Australia.

"Our businesses are very complementary; we're in the capture business and they're in the storage business," Ms Inman said.

Greenhouse Gas Storage Solutions is a division of MBA Petroleum Consultants and was co-founded by Dr John Bradshaw.

Dr Bradshaw has devoted his career to the establishment of the science and regulatory aspects of geological storage of CO2, with previous roles including group leader petroleum and greenhouse gas advice at Geoscience Australia, and lead author on the Intergovernmental Panel on Climate Change (IPCC) Special Report on Carbon Dioxide Capture and Storage.

Cool Energy finalised its field trials in the Perth basin last September and is currently developing its first commercial project in South Australia's Cooper Basin for Sydney-based petroleum explorer, Great Artesian Oil and Gas Ltd.

The company is working on the frontend engineering and design for the proposed gas processing plant, which is expected to treat up to 60 million standard cubic feet of gas per day.

In addition to cryogenically capturing by-product CO2 gas in liquid form ready for geosequestration, the plant will produce sales gas, LPG and condensate.

Cool Energy is also actively pursuing projects in Indonesia, after signing a joint study agreement with Indonesian oil and gas company, Pertamina EP.

Ms Inman said the oil and gas industry was well placed to do underground storage of carbon dioxide.

"The industry has been putting gas underground for decades already," she said.

"This isn't something new." The CryoCell technology was developed with the backing of Shell Technology Ventures and Woodside Petroleum.

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