Saturday, December 05, 2009
Clean Coal Gets Project Funding
WEST VIRGINIA....
Energy Secretary Steven Chu says the administration has no plans to turn its back on coal. West Virginia, Texas and Alabama are getting $979 million in federal stimulus funding which will go toward carbon capture and sequestration at coal-fired power plants owned by American Electric Power, Southern Co. and Summit Texas Clean Energy. American Electric Power is currently capturing and storing carbon dioxide at its Mountaineer power plant in Mason County. The $334 million federal stimulus funding is aimed at allowing the plant to capture and store 90% of carbon emissions from the plant. Southern Co. is getting $295 million for carbon capture at an Alabama power plant north of Mobile and Summit Texas is getting $350 million for work on a 400-megawatt plant planned for Midland-Odessa. The Department Of Energy says carbon dioxide from that plant will be piped underground to increase oil recovery in the Permian Basin.
An additional $2.2 billion in private capital is also expected to be used for the projects.
Energy Secretary Steven Chu says the administration has no plans to turn its back on coal. West Virginia, Texas and Alabama are getting $979 million in federal stimulus funding which will go toward carbon capture and sequestration at coal-fired power plants owned by American Electric Power, Southern Co. and Summit Texas Clean Energy. American Electric Power is currently capturing and storing carbon dioxide at its Mountaineer power plant in Mason County. The $334 million federal stimulus funding is aimed at allowing the plant to capture and store 90% of carbon emissions from the plant. Southern Co. is getting $295 million for carbon capture at an Alabama power plant north of Mobile and Summit Texas is getting $350 million for work on a 400-megawatt plant planned for Midland-Odessa. The Department Of Energy says carbon dioxide from that plant will be piped underground to increase oil recovery in the Permian Basin.
An additional $2.2 billion in private capital is also expected to be used for the projects.
# posted by Homer Owens @ 10:01 AM 
