While Victoria already uses brown coal for 85% of its power generation, lowering its emissions could pave the way for other uses including exports.
This was flagged by Victorian Minister for Energy Michael O'Brien saying last week that the State Government would undertake a market assessment of interest in brown coal this year as it had not being used effectively before due to high emissions.
He added that new technologies being proposed could allow the use of brown coal with lower emissions.
Greenearth chairman Rob Annells said the company's laboratory proven technology could allow Victoria to use its vast brown coal resources into the future by adopting it once it was commercially proven.
"In addition by way of our worldwide research and license agreement with the Weitzman Institute of Science we have a potential opportunity to work with Victorian brown coal export partners to adopt our technology in their countries and utilise our States' brown coal reserves in a more environmentally friendly way."
He added that Greenearth hoped to deploy a modular technology pilot demonstration within 2 years.
Greenearth's technology involves a new method of using concentrated solar energy for the dissociation of carbon dioxide (CO2) to carbon monoxide (NYSE:CO) and oxygen (O2). The same system can also dissociate water (H2O) to hydrogen (H2) and oxygen (O2), at the same time it dissociates the CO2.
The CO, or the mixture of CO and H2 called Syngas, can then be used as gaseous fuel in power plants, or converted to liquid fuel such as methanol.
Existing power plants, cement factories and other emitting industries could provide the CO2 for the process and the resulting fuel could potentially be recycled back into the plant from which it was created or be utilised as transportation fuel
This would substantially reduce CO2 emissions.
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