Linc Energy Focuses on Providing Alternative Energy Sources Globally using Underground Coal Technology
Brisbane, QLD, Australia (WebWire) July 2009 – Linc Energy is excited to announce its ability to provide a clean, alternative energy source on a global scale by using underground coal technology. In October of 2008 Linc Energy achieved its goal of producing liquid fuel without pollutants or toxic by-products by converting coal from a gas to a liquid. This clean burning liquid fuel is a synthetic, referred to as syngas. Backers of Linc Energy believe underground coal technology may be the answer to the world’s rapidly depleting oil reserves.
Recent years have seen fuel prices skyrocket and at the same time, the near collapse of the world’s financial markets. The combination of these two events has prompted innovative companies like Linc Energy to work toward producing an affordable, alternative energy source using advanced approaches like underground coal technology.
Although abundant and affordable, coal is thought of as one of the dirtiest energy sources, and yet it can be converted into a clean fuel through a catalytic reaction that takes place underneath the earth’s surface. This process is known as underground coal technology or underground coal gasification (UCG). Underground coal technology turns the solid coal into a synthetic gas, or syngas and an additional process converts the syngas into a clean burning liquid fuel.
In October of 2008 Linc Energy successfully converted coal into liquid fuel using underground coal technology. Peter Bond, CEO of Linc Energy is thrilled with the success and is committed to providing the world with an environmentally friendly, alternative energy source. Mr. Bond said, “The Australian, USA, Chinese, Vietnamese and Indian markets all need near term achievable clean fuel alternatives, which are cost efficient and environmentally friendly. Linc Energy’s underground coal technology provides a solution. As such, Linc Energy is focused not only on building its first commercial facility in the near future, but also on developing the bigger business model to help fulfill the demand across those markets.”
Linc Energy is committed to turning the earth’s plentiful coal resources into an environmentally friendly, clean burning, and alternative fuel source through underground coal technology. Linc Energy seeks to provide a sustainable solution to the world’s rapidly depleting oil reserves. To learn more about underground coal technology visit http://www.lincenergy.us/ today.
- Contact Information
- Matt Williams
- United States Media Relations
- Linc Energy Ltd.
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