The U.S. Department of Energy announced today the selection of 16 projects aimed at developing advanced post-combustion technologies for capturing carbon dioxide (CO2) from coal–fired power plants. The projects, valued at $41 million over three years, are focused on reducing the energy and cost penalties associated with applying currently available carbon capture technologies to existing and new power plants.
The selections announced today will focus on developing carbon capture technologies that can achieve at least 90 percent CO2 removal and reduce the added costs at power plants with carbon capture systems to no more than a 35 percent increase in the cost of electricity produced at the plant. The Obama Administration has made a goal of developing cost-effective deployment of carbon capture, utilization and storage technologies within 10 years, with an objective of bringing 5 to 10 commercial demonstration projects online by 2016.
