- Coal-to-Liquid (CTL) technology involves converting coal into liquid fuels such as diesel and gasoline through processes like direct coal liquefaction (DCL) and indirect coal liquefaction (ICL). This technology provides an alternative source of liquid fuels, especially in regions with abundant coal reserves
- The demand for CTL technology is significantly driven by the increasing global need for liquid fuels, particularly in the transportation sector. Despite the growing popularity of renewable energy sources, liquid fuels remain essential for various industries, ensuring a consistent and reliable energy supply
- The Asia Pacific region stands out as a dominant player in the CTL market, driven by its substantial coal reserves and the escalating demand for alternative liquid fuels. Countries like China are investing heavily in CTL projects to enhance energy security and reduce dependence on imported crude oil
- For instance, China has been heavily investing in Coal-to-Liquid (CTL) projects to enhance energy security and reduce reliance on imported crude oil. The country operates some of the world’s largest CTL plants, such as the Shenhua CTL plant, which produces millions of barrels of synthetic fuel annually
- Globally, advancements in CTL processes have improved production efficiency and reduced environmental impacts. Innovations such as carbon capture, utilization, and storage (CCUS) systems are being integrated to mitigate carbon emissions, making CTL a more sustainable option in the energy mix
