LEP Energy International Inc.
LEPI’s assessment and concern of the distinct lack of adequate energy resources in the Asia-Pacific region has motivated the International Council to establish LEP ENERGY INTERNATIONAL INC. to lead a consortium of the like-minded to spur economic activities in countries sorely lacking of such facilities.
The International Energy Agency (IEA) has forecast that if current trends continue, worldwide CO2 emissions in 2050 will be about double those of 2005. The Intergovernmental Panel on Climate Change (IPCC), which consists of international experts, has drawn up scenarios for future CO2 emissions, and forecast their effects on rising temperatures. Based on these results, the G8 announced a target for halving CO2 emissions by 2050, with the aim of restricting the rise in global temperatures to 2oC. The use of renewable energy such as wind or solar power is expected to be one of the main measures to achieve the target. IEA evaluates that the 21% of CO2 emission that must be reduced should be achieved by the renewable energy.
LEP ENERGY is mindful of the hazards of potential CO2 emissions in the course of power generation that pollute the environment and affect climatic changes. Accordingly, we are closely working with and monitoring cutting edge technology in the energy sector with Tech companies worldwide.
For the moment, LEP ENERGY is focussed in providing energy from coal-fired thermal plants. This is primarily on account of its abundance in reserves and therefore its stability as an energy source. LEP ENERGY is committed to reducing CO2 emissions with the latest environment technology, which includes “the Super-critical Pressure Coal-fired Thermal Power Plant Technology” (SC) and the Ultra Super-Critical Pressure Coal-fired Thermal Power Plant Technology” (USC).
Though not in its commercialisation stage, LEP ENERGY is closely monitoring advances in the “Advanced Ultra Super-Critical Pressure Coal-fired Thermal Power Plant Technology (A-USC)”, the “Integrated Coal gasification Combined Cycle Technology” (IGCC) and “CO2 Carbon Capture Technology”.
The LEP ENERGY Consortium comprises the following members:
- Power plant manufacturers
- Coal mining companies
- Power engineers
- Institutional funders
Prominent members of the Consortium are KTA Tenaga, an internationally acknowledged power Engineering consultant, the Mudajaya Group, a public-listed company which operates a 1,440 MW power plant in India and Renewable Energy Corporation, a Malaysian GLC committed to green and renewable technology.
Historically, the LEPI Group and its Associates have been involved both directly and indirectly in the establishment of power plants at the evaluation and start-up stages.
LEP ENERGY is headed by Dr. K.K. Panicker, assisted by Dr. Devantharan and Ir. Achuthan Krishnan.