Home » NEWS » Energy funding carbon-capture efforts

Energy funding carbon-capture efforts

WASHINGTON — U.S. Energy Secretary Steven Chu announced that $55 million would be made available to develop advanced technologies that can capture carbon dioxide from flue gases at existing power plants so that the greenhouse gas may be sequestered or put to beneficial use. The funding is a direct investment in carbon capture and storage related technologies that will support the Obama Administration’s effort to help mitigate the effects of CO2.

Coal is one of the nation’s most abundant energy resources, supplying nearly 50 percent of domestic electricity. Gov. Haley Barbour has said Mississippi is the Saudi Arabia of coal. And, Mississippi Power is proposing to build an integrated gasification combine cycle plant in Kemper County that would use locally-mined lignite for fuel and capture the plant’s CO2.

The funding opportunity is seeking applications for bench- and pilot-scale projects in four areas of interest: membranes, solvents, solid sorbents and condensed-phase capture. The solicitation is specifically focused on advanced technologies for post-combustion CO2 capture and purification that can be retrofitted to existing pulverized coal power plants.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Staff

Leave a Reply

Your email address will not be published. Required fields are marked *

*