ABOUT

Overview

Clean Global Energy (CGE) is an international energy company headquartered in Sydney, Australia and listed on the Australian Stock Exchange (ASX:CGV) in October 2009.

CGE is capable of turning global supplies of sub-economic coal that is unlikely to be mined traditionally, into a commercially viable, cheaper energy source known as synthetic gas, or Syngas, through an environmentally-kinder mining technique known as underground coal gasification (UCG).

CGE can produce Syngas for power generation and heating, as well as producing chemicals, fertilisers and cleaner diesel and aviation fuels.

It can produce Syngas from coal that stays underground, using the company's unique Linear CRIP technology that was successfully used in the European Commission trial in Teruel, Spain, under the leadership of CGE's Technical Director, Dr. Michael Green, from 1996 to 1999.

CGE's UCG method can recover 60% or more of the intrinsic energy of the UCG coal resource, which is 10 - 20 times more than coal seam gas and similar if not better than conventional mining. UCG is arguably cheaper than above ground gasification techniques, has a much reduced surface impact, environmental controls to minimise sub surface pollution, and allows otherwise stranded coal to be brought into the energy mix of any company or country.

Unlike the coal seam methane (CSM) mining technique, also known as coal seam gas (CSG), CGE's UCG mining method does not include the controversial practice of hydraulic fracturing, or "fraccing", that is currently dogging CSG operations in Australia and elsewhere.

http://en.wikipedia.org/wiki/Hydraulic_fracturing
http://www.abc.net.au/rural/news/content/201106/s3240500.htm
http://spectrum.ieee.org/energywise/energy/fossil-fuels/gas-fracking-documentary-finds-nationwide-problems

The UCG Syngas process is also an ideal process for carbon capture and storage (CCS), which reduces GHG emissions even further.

In mid 2010, CGE shifted its business focus to developing UCG projects outside Australia where greater interest and understanding of UCG currently exists.

CGE has developed a technology licensing business model to monetise the value of its internal expertise and technology, which also includes project management fees as well as ongoing royalties from Syngas sales.

Clean Global Energy also has a coal tenement package in Australia that include either granted or under application tenements, suitable for traditional mining techniques as well as potential UCG projects.