About Peabody Energy
Peabody Energy is the world’s largest provider of coal to fuel 21st Century energy solutions. St. Louis-based Peabody Energy fuels more than 10 percent of U.S. electricity and 3 percent of the world’s electricity. Peabody ships 7 tons of coal every second of every day — more than 250 million tons per year — to customers in 16 countries on six continents.
Peabody Energy’s mission is to be a world-wide supplier of low-cost energy, which contributes to economic prosperity and a better quality of life. A Fortune 500 company, Peabody is traded on the New York Stock Exchange under the appropriate ticker symbol Btu.
In addition to leading the world in safe, low-cost, environmentally friendly coal mining and marketing, Peabody is a forceful advocate of greater coal use to provide 21st Century energy solutions. Here at CoalCanDoThat.com, you will see that current technologies can transform coal into clean electricity, natural gas, transportation fuels and hydrogen. We call it “Btu Conversion”.
In addition to providing leadership in advancing the dialogue and public support for this project, Peabody has 9.6 billion tons of coal reserves to apply to existing and emerging markets. Our coal reserves alone are equivalent of more than 240 trillion cubic feet of natural gas — or more than 10 years worth of current U.S. natural gas demand.
Several of Peabody Energy’s “Btu Conversion” projects include:
Advanced Combustion Electricity Generation: Peabody is developing two 1,500 megawatt generating plants and adjacent coal mines. The Prairie State Energy Campus in Southern Illinois and the Thoroughbred Energy Campus in Western Kentucky would each feature more than half a billion dollars in advanced combustion technologies with state-of-the-art emissions controls.
Synthetic Natural Gas: Peabody has reached agreement to purchase up to 30 percent in Econo-Power International Corporation, which owns and markets modular coal gasifiers for industrial applications. The EPIC Clean Coal Gasification System® uses multiple air-blown gasifiers to convert coal into a low-Btu synthetic gas that is ideal for industrial applications requiring fuel to heat boilers or kilns. The plant would be one of the largest coal-to-natural-gas plants in the United States.
Pipeline-Quality Natural Gas: Peabody has entered into a memorandum of understanding with ArcLight Capital Partners, LLC to advance project development of a commercial-scale coal gasification project in Illinois that would transform coal into pipeline-quality synthetic natural gas. The initial project would be designed with ConocoPhillips “E-Gas®” Technology. ConocoPhillips and Fluor have begun preliminary engineering design work for the project.
Gasification And Hydrogen Production: Peabody is a founding member of the FutureGen Industrial Alliance. The coalition of global electric utilities and coal companies plan to design, construct and operate the world’s first ‘zero-emission’ coal-fueled power plant. The Alliance is a recently formed non-profit organization that is partnering with the U.S. Department of Energy on the $1 billion power plant project called FutureGen. The planned 275-megawatt prototype FutureGen project will demonstrate advanced technologies for coal-fueled electricity generation, produce hydrogen to power fuel cells for transportation and capture and sequester carbon dioxide emissions.
We welcome you to visit PeabodyEnergy.com for more information.
