Washington (Platts)--15Aug2011/457 pm EDT/2057 GMT
The US Department of Energy on Monday said it would provide $52 million to four projects aimed at developing advanced CO2 capture and separation technologies that would help make low-carbon-emission electricity more economically competitive with traditional power plants. The four projects intend to develop technology that can capture 90% of the CO2 from coal-fired power plants and limit electricity cost increases from those plants to less than 35%. The funding will come over four years. Current technology to capture and separate CO2 from power-plant exhaust uses a significant portion of the power produced by the plant, and can raise electricity prices by as much as 85%. DOE's contribution to the projects includes $15 million to Murray Hill, New Jersey-based Linde for a 1 MW equivalent slipstream pilot plant that uses a BASF-developed process to capture CO2 from flue gas. Article continues below... Sign up for Inside Energy Inside Energy brings you reporting on energy policy developments in the US government and how policy decisions and implementation impact the production, delivery, and use of energy resources. Content includes oil, natural gas, electricity, coal, nuclear energy, renewable energy and energy efficiency.
The US Department of Energy on Monday said it would provide $52 million to four projects aimed at developing advanced CO2 capture and separation technologies that would help make low-carbon-emission electricity more economically competitive with traditional power plants. The four projects intend to develop technology that can capture 90% of the CO2 from coal-fired power plants and limit electricity cost increases from those plants to less than 35%. The funding will come over four years. Current technology to capture and separate CO2 from power-plant exhaust uses a significant portion of the power produced by the plant, and can raise electricity prices by as much as 85%. DOE's contribution to the projects includes $15 million to Murray Hill, New Jersey-based Linde for a 1 MW equivalent slipstream pilot plant that uses a BASF-developed process to capture CO2 from flue gas.
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Inside Energy brings you reporting on energy policy developments in the US government and how policy decisions and implementation impact the production, delivery, and use of energy resources. Content includes oil, natural gas, electricity, coal, nuclear energy, renewable energy and energy efficiency.
In addition, DOE will provide $7.2 million to Colorado Springs, Colorado-based Neumann Systems Group to test new CO2 absorber technology that can be retrofitted to existing coal-fired power plants. The technology will be installed at the Colorado Springs Drake #7 power plant. DOE also will provide $15 million to Atlanta-based Southern Company to integrate waste-heat recovery technology with a 25-MW CO2 capture process at the company's Plant Barry in Alabama. The University of Kentucky Research Foundation also will receive $14.5 million for technology that uses waste heat to increase the efficiency of CO2 capture by a Hitachi-developed advanced solvent. --Derek Sands, derek_sands@platts.com
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