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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Molpus closes Fund after more than $662M in commitments
- Realtors chooses Nita Wingard
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- No debate, but Cochran and Childers lobby for votes for Senate
- Entergy agrees to cut $35M from its new rate plan
- Politics of paying for transportation: Hand wringing and a lot of talk
- MSU reminding fans that drones are prohibited at football games
- Kemper County plant will cost at least another $496M to complete
- Ford Foundation gives to UM for new science building