Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : Gasification Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (272)	2/15/2006 8:42:54 AM
From: Dennis Roth	Respond to of 1740

Ohio primes pump for plant State promises to put up $2 million in an effort to attract $1 billion experimental coal generator that doesn't pollute By Bob Downing Beacon Journal staff writer Posted on Wed, Feb. 15, 2006 ohio.com Ohio officials have pledged $2 million to help the state get a nearly $1 billion experimental, nonpolluting coal-burning electric power plant. The $2 million will be used to fund test drilling as a critical step to attract the project to Ohio, Gov. Bob Taft, Senate President Bill Harris and House Speaker Jon Husted said Tuesday. The drilling will document geologic characteristics of proposed sites, to help find the best location for the FutureGen plant. Stark and Tuscarawas counties are among the potential sites. About 20 states have expressed interest in the prototype plant, which is being developed by the U.S. Department of Energy and a nonprofit group of electric utilities and coal producers, including Columbus-based American Electric Power. Half of the $2 million will come from Ohio's general fund and the rest from the Ohio Air Quality Development Authority, the Ohio Coal Development Office, private sources and research-and-development funds. The drilling will help determine whether Ohio sites have suitable underground geology. ``Drilling test wells is critical not only to FutureGen, but is significant also to our potential for oil and gas recovery,'' Taft said. ``We will do everything in our power to ensure that Ohio is in the best position possible to bring the FutureGen plant and good jobs to our state.'' The plant would turn coal into a gas of mostly hydrogen, and pollutants would be removed. The hydrogen gas would be generated to produce electricity and to power fuel cells. Waste carbon dioxide gas, which contributes to global warming, would be liquefied under pressure and buried. Though the 275-megawatt plant would be capable of producing electricity for up to 275,000 houses, it largely would be a research facility to test a variety of coals for 10 years. The plant would create 100 full-time jobs and 1,000 construction jobs and would boost university research. Ohio has identified eight counties that have the appropriate underground geology for the carbon dioxide. In addition to Stark and Tuscarawas, they are Carroll, Coshocton, Athens, Meigs, Clermont and Hamilton. Proposals for host sites will be due by May, and a list of potential sites should be released by midsummer, according to the FutureGen Industrial Alliance. Plans call for the plant to be under construction within three years and operating by 2012. Bob Downing can be reached at 330-996-3745 or bdowning@thebeaconjournal.com

To: Dennis Roth who wrote (272)	5/10/2006 6:37:27 AM
From: Dennis Roth	Read Replies (3) \| Respond to of 1740

Twelve Sites in Seven States to be Considered for FutureGen sev.prnewswire.com WASHINGTON, May 9 /PRNewswire/ -- Twelve sites in seven states are in the running to host FutureGen, the world's cleanest coal-fueled power plant. The power plant will generate electricity and hydrogen while capturing and permanently storing carbon dioxide deep underground. In response to a March 7 public Request for Proposals issued by the FutureGen Alliance, formal proposals were received by the May 4 deadline to host the project in or near: -- Effingham, Ill. -- Marshall, Ill. -- Mattoon, Ill. -- Tuscola, Ill. -- Henderson County, Ky. -- Bowman County, N.D. -- Meigs County, Ohio -- Tuscarawas County, Ohio -- Odessa, Texas -- Jewett, Texas -- Point Pleasant, W.Va. -- Gillette, Wyo. Alliance Chief Executive Officer Mike Mudd said, "The level of interest and number of proposals indicate the growing recognition of the important role that technologies using abundant, low-cost coal will play in securing our energy future with affordable electricity and minimal environmental impacts." "The Alliance companies are among the world's most responsible and forward-thinking coal and energy companies," U.S. Department of Energy (DOE) Secretary Samuel W. Bodman said as he praised the seven states for offering host sites. "FutureGen will be a stepping stone toward a cleaner, more energy-secure future. We are extremely pleased that we have twelve quality locations now in the running. One of these sites ultimately will become known worldwide as the place where a new generation of zero-emission energy plants made its debut," Bodman said. The Alliance will evaluate the proposals over the coming months, using a rigorous process and comprehensive set of criteria developed by the Alliance with input from an independent group of technical experts. The Alliance will decide upon a short list of candidate sites by late summer. DOE will review the candidate sites in accordance with the National Environmental Policy Act prior to the Alliance's selection of a final site by late-summer 2007. FutureGen requires a greater than 200-acre-site with transportation infrastructure, access to transmission interconnections and skilled labor, and other characteristics that make it suitable for hosting a 275-megawatt coal-fueled advanced Integrated Gasification Combined Cycle power plant. The site must also have geological characteristics that will provide meaningful data to support the long-term permanent storage of carbon dioxide at other sites in the United States and abroad. The facility is being designed to use a suite of integrated, innovative technologies to generate electricity and produce hydrogen. Further, the facility will incorporate advanced emission control technologies coupled with carbon dioxide capture and geologic sequestration; in combination, these advanced technologies will result in the plant having virtually no emissions. More information about FutureGen can be found on the Alliance's website futuregenalliance.org . The FutureGen Alliance represents some of the world's largest coal companies and electric utilities including: American Electric Power, Anglo American, BHP Billiton, the China Huaneng Group, CONSOL Energy Inc., Foundation Coal, Kennecott Energy Company, a member of the Rio Tinto group, Peabody Energy and Southern Company. The Alliance has partnered with the U.S. Department of Energy to design and build the facility. These companies provide energy to tens of millions of residential, business, and industrial customers in Asia, Australia, Canada, Europe, the People's Republic of China, South Africa and the United States, among other regions. MEDIA CONTACT Fredrick D. Palmer FutureGen Industrial Alliance External Relations Committee Chair (314) 342-7624 Website: futuregenalliance.org

To: Dennis Roth who wrote (272)	12/11/2007 7:08:36 AM
From: Dennis Roth	Read Replies (1) \| Respond to of 1740

Peabody Energy Joins China's 'GreenGen' to Develop Near-Zero Emissions Coal Plant December 11, 2007: 03:34 AM EST money.cnn.com BEIJING, Dec. 11 /PRNewswire-FirstCall/ -- Peabody Energy today became the only non-Chinese equity partner in "GreenGen," the first near-zero emissions coal-fueled power plant with carbon capture and storage which is under development in China. Peabody joined the initiative at a formal signing ceremony at the prestigious State Guest House in Beijing. The agreement was announced during the Sino-U.S. Joint Commission on Commerce and Trade meetings attended by U.S. and Chinese dignitaries, including U.S. Secretary of the Treasury Henry M. Paulson, Jr. and China's Vice Premier Wu Yi. The US$1 billion GreenGen project will use advanced coal-based technologies to generate electricity for Chinese families and businesses using China's most abundant energy resource. It will be capable of hydrogen production and will advance carbon dioxide capture and storage, providing a clean energy prototype to address carbon dioxide concerns. "Peabody is honored to represent the rest of the world in China's most important climate initiative," said Peabody Chairman and Chief Executive Officer Gregory H. Boyce. "Peabody is a leader in advancing technology-based solutions to climate concerns. GreenGen joins other important carbon initiatives involving Peabody on several continents, including the Coal21 program in Australia, FutureGen in the United States, and the Asia-Pacific Partnership." Led by managing partner China Huaneng Group, the GreenGen Company will design, develop and operate an integrated gasification combined cycle power plant near Tianjin, southeast of Beijing. A 250-megawatt plant will be built in the initial phase, expanding to 650-megawatts in later phases. Project design and review is complete, a site has been selected at the Lingang Industrial Park, and construction is expected to commence in early 2008, with the first phase of the plant expected on line by 2009. The project includes multiple phases for additional generation and carbon capture. GreenGen believes the site is in an optimum location near a number of chemical facilities that create opportunities to utilize the project's syngas, heat and byproducts and power, while storing carbon dioxide to provide enhanced oil recovery. "We are pleased to have Peabody Energy join GreenGen as a leading coal company to advance this important energy and environmental project," said President of China Huaneng Group Xiaopeng Li. "Peabody's participation represents another important step forward in voluntary global partnerships to meet long-term energy challenges, promote a cleaner environment and create technology solutions to address concerns about climate change." China Huaneng is the majority shareholder in GreenGen. Peabody will own 6 percent of the initiative. Huaneng is one of the top 10 power companies in the world, and the largest power generator in the People's Republic of China. Both Huaneng and Peabody also are members of the FutureGen Alliance, which includes the world's largest coal companies and utilities partnering with the U.S. Department of Energy to develop and site a 275-megawatt technology prototype that also would achieve near-zero emissions with carbon capture and storage. FutureGen will select a host site this year and will begin electricity generation in 2012. Additional partners represent some of China's largest utility and coal companies and include the China Datang Corporation, the China Huadian Corporation, the China Guodian Corporation, the China Power Investment Corporation, the Shenhua Group, the China National Coal Group and the State Development and Investment Corporation. The world's largest and best economies are using coal to fuel prosperity and a better quality of life. Coal is central to economic growth, and prized as a source of energy security for both China and the United States. Coal has been the world's fastest-growing fuel the past five years, and coal use is expected to increase nearly 75 percent over the next 25 years, driven by huge growth in China and throughout Asia. China is the world's largest and fastest-growing coal-consuming nation, using coal to power nearly three-fourths of its electricity. Peabody opened its Beijing office in fall 2005, began trading activities in China in 2007 and is increasing its commercial presence to serve these fast-growth markets. Peabody Energy is the world's largest private-sector coal company. Its coal products fuel approximately 10 percent of all U.S. electricity generation and more than 2 percent of worldwide electricity. CONTACT: Vic Svec (314) 342-7768 VSvec@PeabodyEnergy.com Beth Sutton (505) 287-2636 BSutton@PeabodyEnergy.com