Companies announce pact with
FutureGen
May 13, 2007 - Knight Ridder Tribune Business
News
May 13--TXU Corp. and Texas Energy Future Holdings recently announced
a $1 million commitment to support the state's bid for the FutureGen
power plant.
Leon County and Odessa are among four sites under consideration for
the plant. The other two are in Illinois. The FutureGen Alliance is a
non-profit consortium of companies supporting FutureGen, the U.S.
Department of Energy project intended to create the world's first
near-zero-emissions fossil-fuel power plant. The donation will be used
by the state to purchase rights to inject carbon dioxide near the
proposed Jewett FutureGen site in Leon County, officials said. The plant
will convert coal into hydrogen-rich gas to generate electricity. The
process is cleaner than burning coal because carbon dioxide, which has
been linked by scientists to global warming, will be trapped and
injected into the ground as a compres ed fluid, officials said.
"This donation helps improve the chances that the FutureGen project
will come to Texas," said Tom Baker, vice chairman of TXU Corp. "As an
industry leader in clean energy technologies, we are excited to
participate in this important project to develop n w generation
technologies."
© Copyright 2007 NetContent, Inc.
Duplication and distribution restricted.
The POWER REPORT
PowerMarketers.com · PO Box 2303 · Falls Church · VA ·
22042
To subscribe or
visit go to: PowerMarketers.com
PowerMarketers.com@calcium.netcontentinc.net
|