Laramie, Wyo. - The University of Wyoming’s School of Energy Resources and Clean Coal Technologies Inc. (CCTI), a clean-energy company based in New York City, have signed an agreement to further develop the company’s patented technology to convert run-of-mine coal into a cleaner-burning and more efficient fuel.
The memorandum of understanding aims to advance the performance and commercial potential of CCTI’s coal-beneficiation technology, particularly for coal from Wyoming’s Powder River Basin.
“With one of CCTI’s top priorities being to beneficiate Powder River Basin coal, the synergies achievable from joining hands with the School of Energy Resources are compelling for us,” CCTI CEO Robin Eves says.
Richard Horner, director of special projects and emerging technology in UW’s School of Energy Resources, says the CCTI technology is proven at pre-commercial scale in the field and “is a potential breakthrough technology for beneficiating Wyoming coal and creating new market opportunities that can grow demand.”
“After undertaking our due diligence and visiting the Oklahoma site where CCTI has been undertaking testing and evaluation over the past two years or more, we have concluded that the company’s proprietary technology is an exciting and serious candidate that might be deployed to improve the competitiveness of Wyoming coal,” Horner says. “There are proprietary features of the CCTI technology that have scope to be incorporated into our ‘coal refinery’ concept, which we have been working on now for over two years. Different technology platforms can be linked and leveraged to make wide-ranging fuels, materials and chemical products while producing minimum waste or environmental hazard.”
CCTI, which for the past two years has operated a multimillion-dollar test facility at a coal-fired utility in Oklahoma, is considering locating a test facility at a Wyoming coal mine.
“CCTI has identified Wyoming as a most appealing location to further develop and commercialize our proprietary technology,” Eves says. “We are delighted to be able to formulate this important technical relationship with the School of Energy Resources at the University of Wyoming and leverage its researchers’ extensive knowledge of coal chemistry and processing. It is a very significant and deliberate step for our company and, working together, will allow CCTI to confidently further develop the wide-ranging potential and prospects for its patented and proven coal-beneficiation technologies.”
“The ongoing international business and technology transfer relationships that the state of Wyoming is actively engaged in and developing in pursuit of Wyoming coal sales growth -- with Japan, India and Taiwan -- accord well with CCTI’s market-driven technology penetration strategy, and we look forward to identifying mutually compatible and beneficial objectives,” CCTI COO Aiden Neary says.
“The university, through its Carbon Engineering Initiative, is sharply focused on advantaging and maximizing the potential of Wyoming mineral resources -- especially coal, both domestically and overseas -- and our technology fits very well to help Wyoming actualize its strategies,” Eves says. “We are very excited to work with Wyoming and view this relationship as a strategic one that will be long-lasting and will help both parties deliver value to their stakeholders.”