Metgasco Ltd · ASX:MEL
Metgasco — North Coast Energy Forum (June 2010)
21 slides from Metgasco's conference presentation, Jun 11, 2010
Slide 1: Natural gas and energy supply
For personal use only Natural gas and energy supply North Coast Energy Forum David Johnson – Managing Director
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is being provided for the sole purpose of providing the recipients with background information about Metgasco Ltd (Metgasco). No representation, express or implied, is made as to the fairness, accuracy, completeness or correctness of information con
Slide 3: Introduction
Introduction For personal use only METHANE GAS = COMPANY Natural gas is methane (CH4), a clean burning fuel Used widely in: power generation domestic use with hot water, heating, cooking transportation feedstock for the production of fertiliser manufacture of fabrics, glass,steel, plas
Slide 4: Global energy consumption
Global energy consumption For personal use only The history of fuel consumption in terms of the ratio of Carbon & Hydrogen⃰ 100.00 Wood C:H = 10:1 10.00 C:H Ratio Coal C:H = 2:1 1.00 Oil C:H = 1:2 Methane C:H = 1:4 The Methane Economy 0.10 Hydrogen Economy 0.01 1800 1850 1900 1950 2000 2050 2100 215
Slide 5: Global energy consumption
Global energy consumption For personal use only Observed trend in decreasing C:H ratio in global fuel consumption in the last 200 years.⃰ 13 railcars of biomass (wood) is the same as 1 railcar of coal is the same as ½ railcar of oil A european car in the mid 1950’s used about 14km/litre as mos
Slide 6: OECD vs Australian energy consumption 2007-2008
OECD vs Australian energy consumption 2007-2008 For personal use only Renewables Australia⃰ 5% OECD⃰ ⃰ Hydro Nuclear 2% 11% Natural Gas 22% Gas Black Coal 24% 29% Coal 21% Brown Coal Petroleum 10% 34% Petroleum 37% Renewables 5% Some noticeable similiarities and differences Petroleum consumption
Slide 7: Stationary Power: OECD vs Australian electricity consumption 2007-2008
Stationary Power : OECD vs Australian electricity consumption 2007-2008 For personal use only Petroleum Wind Biomass Biogas Solar Other OECD⃰ ⃰ 3% Hydro 1% 1% 0% 0% 0% 5% Nuclear Gas 14% 21% Natural Gas 16% Hydro 16% Petroleum Black Coal 5% 54% Brown Coal 23% Coal Australia⃰ 41% Nuclear/Hydro infl
Slide 8: Stationary Power: Electricity fuel source comparison
Stationary Power : Electricity fuel source comparison 100.00 For personal use only Wood C:H = 10:1 10.00 Australia OECD C:H Ratio Coal C:H = 2:1 1.00 Oil C:H = 1:2 Methane C:H = 1:4 The Methane Economy 0.10 Hydrogen Economy 0.01 1800 1850 1900 1950 2000 2050 2100 2150 Australian power generation tie
Slide 9: Stationary power: domestic coal fired electricity generation
Stationary power: domestic coal fired electricity generation For personal use only energy source with significant emissions 77% of domestic electricity supply is CO2 the only issue ? “In 2008 alone, 113 tonnes of toxic metals and their compounds (including antimony, arsenic, cadmium, chromium,
Slide 10: Stationary Power – where next?
Stationary Power – where next ? For personal use only 140 120 Generation Costs $Mw/Hr 100 Wind (2) nuclear hydro coal gas small hydro biomass 80 waste bagasse geothermal wind coal geoseq 60 wave solar 40 20 0 Coal - Black Coal Coal - Brown Coal Gas - Natual Gas Gas - Natual Gas Combined Cycle (NGCC)
Slide 11: Effective pricing on fuel source
Effective pricing on fuel source Fuel Source for Stationary Primary Issues Energy For personal use only Wind Total cost, intermittent supply, birdstrike, noise Coal Emissions – solid and particulate matter, CO2, water consumption, capital costs Nuclear Capital costs, risk in operation, spent fuel di
Slide 12: Natural Gas in Northern NSW
Natural Gas in Northern NSW The Clarence Moreton Basin : A Jurassic For personal use only aged sedimentary basin Organic material deposited in geologic past, subjected to pressure and temperature to generate natural gas (earth refining) In the Clarence Moreton Basin 2 types of occurrences Co
Slide 13: Coal Seam Gas (CSG)
Coal Seam Gas (CSG) Dominantly methane trapped in “cleat” For personal use only spaces in coal Generally low in impurities (CO2, N2) Extract by drilling into coal & dewatering the coal seam to release pressure to allow gas to flow Coalseams in the CMB do not produce significant quantities of
Slide 14: Conventional Gas
Conventional Gas For personal use only Gas that has migrated from its source into naturally formed traps (reservoirs) Contained in sandstone and held in under pressure Extract by drilling and produce to surface. Little or no water production Gas sampling to date shows very little impurities
Slide 15: Natural gas production potential for northern NSW
Natural gas production potential for northern NSW For personal use only Supply natural gas as gas or electricity into east coast markets Local gas market Northern NSW electricity market SE Queensland gas market NSW electricity market Queensland electricity market Current approach is in
Slide 16: Richmond Valley Power Station
Richmond Valley Power Station 30MW gas fired power station For personal use only located at Casino requiring 2.5PJ of gas pa Sufficient power to supply 30,000 residential households in the northern river region Progressing to development: Field development program Land acquired EIA compl
Slide 17: Richmond Valley Power Station
Richmond Valley Power Station For personal use only On proposed baseload: Generates 627t CO2-e/GWh Estimated Greenhouse intensity reduction is 314t CO2- e/GWh or abatement of 72,320 tonnes CO2 pa from displaced electricity production Very low SOx emissions Flexible supply: Baseload (pr
Slide 18: Lionsway Pipeline
Lionsway Pipeline New high pressure gas pipeline to For personal use only connect Clarence Moreton gas fields in Northern NSW to customers in SE Qld 145km pipeline starting in Casino (NSW) and finishing in Ipswich (Qld) Environmental Assessment largely complete and will be lodged with NSW, Qld
Slide 19: Benefits to the northern rivers
Benefits to the northern rivers Establishes a new industry in the region For personal use only Provides a competitive local energy source for both gas and power Improves the competitiveness of existing local industries Encourages the establishment of new industries Builds economic diversit
Slide 20: Benefits to the northern rivers
Benefits to the northern rivers For personal use only A source of lower greenhouse gas emitting electricity Improves the transmission network efficiency by reducing line losses associated with transporting power over long distances to northern NSW Improves energy self sufficiency and the secur
Slide 21: Question and Answers
For personal use only Question and Answers