DOE Signs Cooperative Agreement for NRG's CCS Project Friday, June 18, 2010

News - Research    - Government - Climate Change

The U.S. Department of Energy has signed a cooperative agreement with NRG Energy Inc. (NRG) for the Parish Post-Combustion CO2 Capture and Sequestration Project to design, construct, and operate a system that will capture and store approximately 400,000 tons of carbon dioxide (CO2) per year. The project, which will be managed by the Office of Fossil Energy’s National Energy Technology Laboratory, was selected under DOE’s Clean Coal Power Initiative, a collaboration between the federal government and private industry working toward low-emission, coal-based power generation technology.

The total project cost is $334 million with the DOE share of the cost being $167 million, or 50 percent of the total. Sequestration will begin in 2014, with project completion set for 2017.

For more details, link to the Department's Fossil Energy website at: 
http://www.fossil.energy.gov/news/techlines/2010/10020-DOE_Signs_Cooperative_Agreement_wi.html

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