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Coal Desulfurization. How to save $242 million over 15 years! Presented By: Greg Spittle. In The News. North Carolina passes Clean Smokestack legislation Progress Energy Carolinas forced to invest $813 million in desulfurization units
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Coal Desulfurization How to save $242 million over 15 years! Presented By: Greg Spittle
In The News • North Carolina passes Clean Smokestack legislation • Progress Energy Carolinas forced to invest $813 million in desulfurization units • Employment in British coal drops from 221,000 employees to 24,000 employees over 10 years • Coal power plants in the UK run at 17% capacity • 25% of market lost to natural gas in UK over past 10 years • President George W. Bush signs bill to cut SOx emissions by 75% by 2018
What Does This Mean? • Any market can change dramatically in a short period of time • Changes like those in the UK can devastate a company • These changes can be anticipated What does this really mean to you? It’s time to prepare your company for the future!
What Are Your Options? • Buy/Sell Allowances • A short term fix to a long term problem • Switch Fuel • Not always a possibility • Not always enough • Install a Flue Gas Desulfurization Unit (FGD) • The only guaranteed way to maintain a competitive edge
Why Is Desulfurization The Best Choice? • Desulfurization dramatically drops output of SOx • 8,000 tons versus 85,000 tons of SO2 • Other fuels are not always available • Depends on region of country and/or shipping costs • Other fuels don’t always provide low enough emissions • Only a 30% reduction in emissions • ie 60,000 tons versus 85,000 tons of SO2
More About The Numbers • Desulfurization unit has a lifetime of 15 yrs • Savings/Earnings up to $5.1 billion over lifetime of product • That is approximately $1000 a year in savings/earnings per customer
Why Spittle Inc? • We will provide an on sight demonstration with our portable equipment • We will work with your company to design the most efficient and cost effective installation process • We are the industry leaders for installing desulfurization units on coal fired power plants
Recap • The market is changing • In the next five years the market will be remarkably different • It is important to stay ahead of your competitors and regulators • Reasonably earn/save $242 million over the next 20 years • Possible earnings/savings of up to $5.1 billion over the next 20 years