Mitsubishi Heavy Industries, Ltd. · TSE:7011

Mitsubishi Heavy Industries — Sixth Annual Conference on Carbon Capture & Sequestration 2007

15 slides from Mitsubishi Heavy Industries's conference presentation, May 2007

1. Slide 1: Sixth Annual Conference on Carbon Capture & Sequestration

   Sixth Annual Conference on Carbon Capture & Sequestration Session Title: Retrofitting of Existing Coal-Fired Plants MHI’s Post Combustion CO2 Recovery Process for Coal Fired Power Stations: Requirement for a Large Scale Demonstration Plant Ronald Mitchell Environmental Plant Department - Mitsubishi

2. Slide 2: Introduction – The 'Issues'

   INTRODUCTION – The ‘Issues’ The issue of Climate change is now in the homes and businesses of communities throughout the world Energy demand is ‘young’ and cheap oil is becoming scarce – Future impact of high prices and energy security? Recent expansion of global carbon markets – Market mechanisms a

3. Slide 3: Background

   BACKGROUND Coal looks certain to remain the principal fossil fuel for Power Generation in the foreseeable future Clean coal technology development is great but what about the existing plants? CO2 capture retrofit ability is critical MHI offers a solution today – a commercially proven, high performan

4. Slide 4: Commercial Delivery Record

   COMMERCIAL DELIVERY RECORD Malaysia Japan India Petoronas Chemical Co. IFFCO 1999~ 2005~ Dec 2006~ 200 t/d 330 t/d 450 t/d Urea General use Urea OTHER UAE China India Middle East India PROJECTS IFFCO Project FEED FEED Awarded Awarded Dec Status Complete Complete Project Project 2006~ Nat. Gas. Flue

5. Slide 5: Evolution of MHI R&D Flue Gas CO2 Recovery Projects

   Evolution of MHI R&D Flue Gas CO2 Recovery Projects Evolution 90 91 92 ～ 00 01 02 03 04 05 06 07 Nanko Pilot Plant (2 Tonnes/day) R&D for Process Improvement 1 Ton/Day Pilot Test Completed Long Term Demo. Plant Test Starts Coal Fired Large Scale Plant Design Ready Flue Gas Coal Fired Demo Plant Resu

6. Slide 6: Coal Fired Long Term Demonstration Plant

   Coal Fired Long Term Demonstration Plant DEMO PLANT OUTLINE Client : Power Station, Japan Solvent : KS-1 Capacity : 10 T/D Feed Gas : Coal Fired Boiler (14.1 v% CO2) Start-up : July 2006 Location : Nagasaki, Japan Development Results ‹ Increased understanding of the effects of impurities on the syst

7. Slide 7: Large Scale Coal-Fired CO2 Capture Demonstration Plant – Why MHI?

   Large Scale Coal-Fired CO2 Capture Demonstration Plant – WHY MHI? MHI has completed extensive R&D programs which features 17 years of robust initiatives leading to technology refinement and an advanced understanding of CO2 capture from flue gas streams After successful completion of our small scale

8. Slide 8: Process Flow for Amine Absorption

   PROCESS FLOW FOR AMINE ABSORBTION Feature of Process: Comparison with MEA Process Flue Gas MEA KS-1 Outlet CO2 Circulation Rate 1 0.6 Purity : 99.9 % Regeneration Energy 1 0.68 Solvent Degradation 1 0.1 ABSORBER STRIPPER Solvent Loss 1 0.1 (Regenerator) Corrosion Inhibitor Yes No C.W. Existing Deep

9. Slide 9: CO2 EOR in North America – Why?

   CO2 EOR in NTH AMERICA – WHY? ‹ Large Number of oil fields in production decline ‹ Existing CO2 infrastructure and mature downstream technology ‹ Regional reliance on ‘cheap’, local fossil fuels (coal) for power generation ‹ Recent Government shift regarding climate change policy (support through ta

10. Slide 10: CO2 – What Can We Do?

    CO2 – WHAT CAN WE DO? PROBLEM „ The issue of CO2 and global warming is evolving faster than the world anticipated „ R&D requires significant time and resources „ How should we prepare for future CO2 regulation? SOLUTION „ MHI offers a phased, realistic approach „ The logical next step is to apply a

11. Slide 11: MHI's Proposed Phased Approach to Commercialization of CO2 Capture Technology

    MHI’s Proposed Phased Approach to Commercialization of CO2 Capture Technology for Coal Fired Boilers MHI’s Operating Experience 1 t/d 2 t/d 10 t/d 200 t/d 330 t/d 450 t/d 800 t/d 500-3000 t/d 3000 t/d 5000 t/d Pilot & small scale demonstration Commercial Experience FEED Large Scale Basic Design Comm

12. Slide 12: Electricity & CO2 Sales Model Evaluation

    Electricity & CO2 Sales Model Evaluation CO2 Capture Case „ + Electricity Sales Business As Usual „ + CO2 Sales Vs „ + Electricity Sales Site utilities „ - CAPEX/OPEX „ - Site Utilities (30 MW) „ - Energy Penalty CO2 Capture & Compression CO2 Sales $20 $50 Price Feasible Zone of CO2 capture case 500

13. Slide 13: Conclusions

    CONCLUSIONS ¾ Coal has a number of advantages distinguishing it from other fuels (price, stable supply & abundance) ¾ It will take a suite of technologies to ‘make a difference’. MHI’s post combustion CO2 capture process is available new and for retrofit and, most importantly, is commercially proven

14. Slide 14: Thank You

    Are you ready to tackle CO2 emissions? Courtesy: The Age Illustration: Ron Tandberg THANK YOU

15. Slide 15: Further information

    Further information; Ronald Mitchell Manager Business Development Environmental Plant Department Mitsubishi Heavy Industries Ltd., Yokohama, JAPAN Phone: +81-45-224-9400 Cell Phone: +81-90-4420-3941 E-mail: [email protected] Web: http://www.mhi.co.jp/mcec/product/recov_co2/

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