Clean Coal Initiative at the Summit Anthracite Facility Schuylkill County

Clean Coal Initiative at the Summit Anthracite FacilitySchuylkill County

Wilkes UniversityOctober 29, 2007

Proposed Site at Summit Anthracite

Mine

AgendaAgenda

US Coal ReservesPartnersTechnologySiteProject OptionsImpact (Economic & Environmental)ProgressQuestions

US Coal ReservesUS Coal Reserves

US Coal ReservesUS Coal Reserves

Select History of Gasification ProjectsSelect History of Gasification Projects

140Power, Methanol1,0001GermanySVZ92,080138

50/80Fuel Gas350/5002GBBritish Gas1

100Town Gas9406GermanyRuhrgas AG1

90Town Gas8205GBBritish Gas1

65Town Gas5804GBBritish Gas1

170Electric Power1,5605GermanySteag AG1

140Ammonia1,0804PR ChinaCNTIC

830SNG16,00014USAGreat Plains

2,680Liquid Fuels30,00040RSASasol III

2,680Liquid Fuels30,00040RSASasol II1,200Syngas/Chemicals1,0005USA*EPIC

MWeMain ProductsCoal Input (tpd)GasifiersCountryClient

*Over EPIC designed gasifiers operate in China. At least 50 run on Anthracite!

Typical Gasifier Operations: Typical Gasifier Operations: Much CLEANER Than burning coalMuch CLEANER Than burning coal

EPIC EPIC AirBlowAirBlow

nn

Coal Gasification ProcessCoal Gasification Process

Future NEPA Project: Map IFuture NEPA Project: Map I

Site

Mine

Future NEPA Project: Map IIFuture NEPA Project: Map II

Future NEPA Project OptionsFuture NEPA Project Options

Option #1: 140 MW Clean Power Project$300 Million investment$68 Million annual revenue450k tons anthracite required annually

Option #2: 60MMSCFD SNG Project$550 Million investment$120 Million annual revenue1 Million tons anthracite required annually

Future NEPA 60MMSCFD Coal to SNG Future NEPA 60MMSCFD Coal to SNG ProjectProject

BGL

Optional Chemicals

Mass Balance - SNGMass Balance - SNGMASS BALANCE Future Fuels PA Project CoalINPUT as rec'd

material % lbs/hr COAL moisture 1.50 1299

carbon 84.50 73180hydrogen 1.96 1697oxygen 1.17 1015nitrogen 1.18 1024chlorine 0.00 0sulfur 0.55 478ash 9.13 7907

COAL TOTAL 100.0 86600TARS / OILS IN 0FLUX 2620AIR 0OXYGEN 54453NITROGEN 0STEAM 40647NAT GAS 140

TOTAL ALL INPUT 184460

OUTPUT volume weight% scf/hr % lbs/hr

SYNGAS CO 67.17 1865998 86.0 145609H2 22.42 622833 2.1 3495CH4 6.43 178627 4.7 8001CO2 2.80 77785 5.7 9600N2 , Ar 0.53 14724 0.7 1150CnHm 0.65 18057 0.9 1515

SYNGAS TOTAL 100.00 2778024 100.0 169370TARS / OILS OUT 942SULFUR 477H2 (in H2S) 26.7WATER 3540SLAG 9371CARBON LOSS 468AMMONIA 320

TOTAL ALL OUTPUT 184516

Future NEPA 140 MW Coal to Power ProjectFuture NEPA 140 MW Coal to Power Project

GE 7E A

EPIC

EXPORT

SUMMITMINE

Mass Balance - Coal to ElectricityMass Balance - Coal to Electricity

Economic Impact on the CommunityEconomic Impact on the Community

Investment in Schuylkill County $400 mmConstruction Jobs 200 @ $50K $10 mm

Cluster Jobs 75 @ $50K $3.5 mm

Permanent Jobs 150 @ $50K $7.5 mm

Property Tax Base: $400 mmAnnual Revenue: $100 mm

$XX mm

ProgressProgress140 MW Clean Power Project

Binding Term Sheet for plant and technologyTurnkey EPC commitmentsMass - Balance ReportSuccessful coal tests, prelim emission report

60MMSCFD SNG ProjectMass - Balance ReportSuccessful coal tests, prelim emission report

QuestionsQuestions

Discussion / Questions