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Posts Tagged ‘carbon capture’

13 February 2009

2009 a pivotal year for emerging carbon sequestration industry, reportp

2009 is shaping up to be a pivotal year for a global industry seeking commercial solutions for capturing and storing harmful greenhouse gases emitted by coal power plants. Nearly 120 carbon sequestration projects are underway globally with the majority of development in western Europe, the US, western Canada and Australia. If demonstration projects are successful and designated government funding comes through, the industry will be well-positioned to scale by 2016, according to a new study released by Emerging Energy Research (EER), a Cambridge MA advisory firm in the renewable energy sector.

12 February 2009

US clean coal technologies could create a quarter of a million new jobs, report

The next generation of advanced clean coal technologies could create millions of new jobs for US workers, according to a study entitled Employment and Other Economic Benefits from Advanced Coal Electric Generation with Carbon Capture and Storage Technologies (Preliminary Results).

11 February 2009

Global Carbon Sequestration Markets and Strategies, 2009-2030p

If coal is to maintain its share in the global power generation mix over the next two decades, its carbon emissions must be mitigated through the capture of CO2. However, carbon capture relies on commercially-viable solutions to store or sequester CO2 permanently. While sequestration solutions have been demonstrated on a trial basis, carbon sequestration's commercial viability on a broadscale is still uncertain., according to this report from Emerging Energy Research.

10 February 2009

NV Energy postpones coal-fired power plant due to environmental concerns

US-based energy company NV Energy has halted plans to build a coal-fired power plant in Nevada following environmental concerns and economic uncertainty.

3 February 2009

Morphic Technologies is granted a patent for carbon dioxide absorption technology

Swedish engineering group Morphic Technologies has been granted a patent on its carbon dioxide absorbing wind turbine technology which converts excess electricity into biofuels.

2 February 2009

CO2 Solution welcomes Canadian government’s carbon capture programme

Carbon capture technology developer CO2 Solution welcomed the Canadian government's decision to fund carbon capture as part of its Budget 2009 programme ‘Canada's Economic Action Plan.'

20 January 2009

The Energy Bill – Does it go far enough?p

Will the changes promised in last year's Energy Bill be delivered quickly enough? Michelle Thomas and Richard Moore, Eversheds’ Clean Energy and Sustainability Team, investigate.

13 January 2009

RWE makes renewable gains with Essent acquisition

German utility RWE is to buy Essent, a Dutch power generator in a deal worth €9.3bn.

12 January 2009

Illinois pushes ahead with clean coal legislation

The US state of Illinois has witnessed the signing of the Clean Coal Portfolio Standard Act, which aims to create a framework for developing coal gasification projects with carbon dioxide capture and storage facilities in place.

12 January 2009

Duke Energy receives approval for updated costs for clean coal gasification plant

The Indiana Utility Regulatory Commission has approved Duke Energy's revised cost estimate of $2.35bn for its clean coal gasification power plant under construction in southwest Indiana, US.

12 December 2008

Historic EU climate deal delivers carbon capture, storage funding

EU leaders have agreed measures to deliver a unilateral commitment to reduce greenhouse gas emissions by 20 per cent by 2020 compared to 1990 levels. They also made a clear commitment to increase this target to 30 per cent in the context of an international climate agreement.

9 December 2008

Europe’s energy organisations call for strong government funding

Major European energy organisations have issued a letter to all heads of government in advance of the European Council Meeting on 11 December 2008, calling for strong funding to support the development of 12 industrial scale carbon capture and storage (CCS) projects by 2015.

8 December 2008

Climate change the focus for UN

At briefing a day before the start of the United Nations Climate Change Conference in Pozna?, UNFCCC Executive Secretary Yvo de Boer said that delegates had managed to resolve a number of outstanding issues.

6 November 2008

Britain, Abu Dhabi sign clean energy agreement

Britain has teamed with the Gulf state of Abu Dhabi to secure a mix of reliable and green energy supplies for the UK and which could see hundreds of millions of pounds pumped into the green energy revolution.

5 November 2008

ADA-ES begins works on $3.2m DOE clean coal project

Clean coal technology company ADA-ES has begun work on a project awarded by the US Department of Energy to develop clean coal technology, through capturing carbon dioxide from coal-fired power plants.

28 October 2008

Goldman Sachs partners with climate change offset portfolio Blue Source

Goldman Sachs and climate change offset company Blue Source have announced a strategic alliance, with Goldman Sachs acquiring an equity stake in the company. Blue Source is a portfolio company of energy-focused private equity firm First Reserve Corporation.

23 October 2008

Carbon capture and storagep

For all the recent talk of CCS’s potential role in reducing CO2 emissions, against increasingly ambitious carbon reduction commitments by Member State governments in Europe, CCS is still as untested and expensive a technology as ever, according to this briefing from Allen & Overy. This technology, with its potential for trapping CO2 from a variety of industrial plant from refineries to cement plant and storing it securely in rock, could indeed be a valuable tool in the battle against climate change.

21 October 2008

Environment: EU publishes its proposals to meet its 2020 emissions reduction targetp

At the March 2007 European Council summit, EU member states committed themselves to cutting the EU’s greenhouse gas emissions by 20 per cent by 2020, compared with 1990 levels, with a promise to move to 30 per cent if other industrialised countries follow suit.

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