June 25
The U.S. Energy Department issued a formal announcement on June 24 that
it is looking to invest in multiple commercial-scale integrated gasification
combined cycle (IGCC) or other clean coal power plants with carbon capture
and storage technology.
The Departmentīs restructured FutureGen program would provide the funding to
cost-shared projects. The department anticipates $290 million will be
available through fiscal year 2009 and an additional $1 billion could be
available in subsequent years, subject to appropriations by Congress.
"The Department is committed to increasing the nationīs energy security and
addressing CO2 emissions by ensuring coal, an abundant domestic resource,
can be used to meet our growing energy demand in an environmentally
responsible way," Under Secretary of Energy Bud Albright said.
The funding opportunity announcement provides instructions for submitting
applications, which are due Oct. 8. The department wants to select the
projects by the end of the calendar year.
The Energy Department has posted details online at www.fossil.energy.gov/programs/powersystems/futuregen/Restructured_FutureGen_Final_FOA__6-24-0.pdf.
Contact Waste News senior reporter Bruce Geiselman at (330) 865-6172 or
bgeiselman@crain.com
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