The Search for Answers Myth busting lessons for those creating new - - PowerPoint PPT Presentation

the search for answers myth busting lessons for those
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The Search for Answers Myth busting lessons for those creating new - - PowerPoint PPT Presentation

The Search for Answers Myth busting lessons for those creating new fuels from oil shale Myth: Oil is becoming less important Fact: Countries continue to strive to grow their economies... 14,000 USA 12,000 GDP (USD Billion PPP) 10,000


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The Search for Answers Myth busting lessons for those creating new fuels from oil shale

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Myth: Oil is becoming less important

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Fact: Countries continue to strive to grow their economies...

Source: EnergyQuest 2009

2,000 4,000 6,000 8,000 10,000 12,000 14,000 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000

GDP (USD Billion PPP)

Oil Consumption (Million Barrels)

ITALY INDIA FRANCE UK JAPAN CANADA AUSTRALIA GERMANY INDIA CHINA USA

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...but myths continue to abound about fossil fuels...including oil shale!

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Myth: Shale oil production generates 400% more GHG emissions than conventional oil

Source: Monica Richter, Australian Conservation Foundation, ABC TV 7.30 Report, 9 August 2010

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Fact: CO2 emissions penalty 20% - 63%....

0.5 1 1.5 2 2.5 3 3.5 4 ULS Diesel, Current Australian Blend 100% Imported Crude Diesel Biodiesel, Canola CNG LNG LPG GTL CTL STL Base Case STL Modified Plant Case Source: RARE Consulting 2009

All ¡figures ¡indicate ¡kg ¡CO2e ¡per ¡km ¡travelled ¡in ¡43t ¡ar9culated ¡truck ¡

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...and CO2 emissions levels can go lower

Cogeneration/ waste heat utilisation Solar thermal power Offsets, algal sequestration?

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Myth: Processing shale oil uses vast amounts of water

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Fact: 1:1 ratio of water used to oil produced

Source: HATCH Engineering and UniQuest 2009

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Producing shale oil uses less water than other industrial processes....

Uniquest 2009

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...and other fuel processes....

Uniquest 2009

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Myth: It takes more energy to produce shale oil than the energy content of the shale oil produced...

Energy Out/Energy In < 1

Myth (?): ...and, energy return on energy invested (EROI) is a valid method for comparing the merits of alternative energy sources...

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So many variables and so many boundary decisions render comparisons meaningless

Fact: ...there is no widely accepted protocol for calculating EROI.

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Imperatives:

  • “…if the cost of energy required to produce

shale oil is greater than the market value of the shale oil produced, it won’t get produced.”

  • [ref: Shell’s M. King Hubbert]
  • If left in the ground, the energy benefit of oil

shale to society is ZERO.

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Myth: Oil shale “explodes” like popcorn when heated (i.e., retorted)

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Facts:

In Situ 1650

Actual Bulk Density Measurements on Australian Shale (kg/tonne)

(+Voids) =

(- Weight) =

Crushed Shale 853 Retorted Shale 650

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Fact: …sorry folks, there is no “popcorn effect”

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Myth: Communities will not support

  • il shale oil development
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In Summary

  • Myths and misconceptions continue to plague the
  • il shale industry
  • Proponents should:
  • do good scientific work and subject it to peer

review

  • be transparent – let the facts do the talking
  • Shale oil is a legitimate option for our transport

fuel future

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The Search for Answers FACTS: the remedy for oil shale myths and the curse to those who spread them.