SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FCEL
FCEL 7.600-2.2%3:54 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who started this subject7/30/2004 11:11:08 PM
From: CH4   of 238
 
14MW Direct FuelCell(r)/Turbine Hybrid Power Plant

FuelCell Energy, Inc., proposes to design, build and test a 14MW Direct FuelCell(r)/Turbine Hybrid Power Plant operating on coal-derived gas. In a team effort with Eastman Chemical Company and Solar Turbines, Inc., FuelCell Energy would integrate a Direct FuelCell(r)/Turbine Hybrid Power Plant system into an existing coal gasification facility operated by Eastman Chemical Company at Kingsport, Tennessee. The coal gasifier supporting the demonstration project would be operated in an oxygen-blown mode. FuelCell Energy projects that the combined technologies could result in electricity generation from coal on a commercial scale (e.g., 200MW plant) at an efficiency approaching 60 per cent (HHV basis) with over 90 per cent CO2 separation from the coal gas and very low emissions. This efficiency level is projected by FuelCell Energy to be 14-16 points higher than the efficiency achievable with an integrated gasification combined cycle power plant alone. DOE was requested to provide 50 per cent of the funds (about $26.64m) to support this $53.28m project.

Clean Coal Initiative Attracts $6bn in Proposals

27 July 2004 - The US Department of Energy (DOE) yesterday announced it has received proposals for projects in a new generation of clean coal projects, valued at nearly $6bn, in the latest phase of the President's Clean Coal Power Initiative (CCPI).

"Industry has enthusiastically responded to the Department's latest clean coal solicitation calling for technologies that would help make it possible for coal to remain a cornerstone of our domestic energy portfolio, particularly for power generation, and to continue that role into the long-term future," Secretary of Energy Spencer Abraham said today. "We are pleased these latest proposals encompass an advanced generation of technologies that will help us meet national priorities set forth by President Bush in his Clear Skies and Global Climate Change objectives."

The Round 2 proposals represent the second wave of technologies offered by industry in response to President Bush's pledge to invest up to $2bn in federal funding over ten years to advance technologies that can help meet the nation's growing demand for electricity while simultaneously providing a secure and low-cost energy source and protecting the environment. Earlier this year, eight projects were selected in Round One, the initial phase of the CCPI.

These newest proposals request about $1bn in federal cost sharing for projects. Those eventually selected will demonstrate: (1) coal gasification system advances that enhance efficiency, environmental performance and reliability, and (2) advancements that support the President's Clear Skies Initiative to reduce power plant emissions, particularly mercury, by about 70 per cent by 2018, and the Global Climate Change Initiative to reduce carbon emissions growth over the next ten years.

The projects will also support the technical foundation for the FutureGen Initiative to create the world's first zero-emissions, coal-based power and hydrogen production plant, which will include carbon dioxide removal and sequestration.

Ninety-seven per cent of the proposals offer advancements for power generation based on commercial demonstrations of gasification technology and improvements to efficiency, reliability, availability, environmental performance, and economic performance. These proposals also present opportunities to demonstrate potential readiness of energy technologies for carbon dioxide management.

Other proposals offer approaches for mercury and multi-pollutant control and for efficiency improvements that encompass coal treatment methods and post-combustion technologies, as well as integrated combustion and control system advancements applicable to needs of the existing fleet and future energy plants. These environmental technologies have potential applicability to diverse sizes of coal combustion operations.

DOE will review each proposal received under the CCPI Round 2 solicitation against criteria established in the solicitation as prerequisites for detailed evaluation. Those prerequisites include the proposer's plan to share at least 50 per cent of the total allowable cost of the proposed project, commitment to repayment of the government's investment in the demonstration project, and other aspects of the proposed project, including project site, coal use, and electricity production. Qualifying proposals will be subject to detailed evaluation, and DOE anticipates announcement of selections by the end of 2004.

The public abstracts for the CCPI Round 2 proposers are listed below.

pepei.pennnet.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext