DOE awards $408m to CCS projects
US Department of Energy Secretary Steven Chu announced today that two carbon capture and storage (CCS) projects will receive $408 million in funding from the American Recovery and Reinvestment Act.
The projects - an existing power plant in North Dakota and a new facility in California - will incorporate advanced technologies to reduce carbon dioxide (CO2) emissions. Basin Electric Power Cooperative will receive $100 million and Hydrogen Energy International LLC will receive $308 million under the third round of the Clean Coal Power Initiative (CCPI).
The CCPI is a cost-shared collaboration between the federal government and private industry to increase investment in low-emission coal
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on Environment-Renewables
European Parliament vote on carbon market reforms seen as bullish
Energy traders welcome reforms seen as shoring up ailing EU carbon market
Modelling the financial risks of wind generation with Weibull
The manner in which wind generation can affect the half-hourly APX price is discussed
EU TSOs need carrot to tackle congestion – EEX's Reitz
Power grid operators and capacity mechanisms seen as impeding cross-border trade
Q&A: Ercot's Doggett on wind power surge and EPA rules
Outgoing president and CEO discusses challenges posed by renewables in Texas
EU power traders rail against national interventions
Capacity and renewables schemes deterring investment, say panel participants
Weather house of the year: Munich Re Trading
Weather derivatives specialist wins praise for consistent, high-quality service
Emissions house of the year: CF Partners
Specialist knowledge of carbon market is crucial to company's success
Asian emissions markets seen as step in right direction
China and South Korea emissions schemes show promise, say industry groups
