Posts Tagged ‘carbon storage’
23 February 2009
European energy companies Nuon and Vattenfall are to join forces. Vattenfall has made an all cash offer of €8.5bn enterprise value for 100 per cent of Nuon, equalling €10.3bn for the equity of Nuon's production and supply company after 2008 dividends.
Read full story
23 February 2009
New cleantech company ION Engineering, founded by University of Colorado scientists, has been able to integrate ionic liquid solutions into carbon capture and emissions control technology.
Read full story
13 February 2009
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.
Read full story
11 February 2009
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.
Read full story
9 December 2008
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.
Read full story
23 October 2008
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.
Read full story