Posts Tagged ‘CCS’

12 June 2009

New Department of Energy funding announced for US carbon capture, solar energy and high efficiency cars and trucks

US Energy Secretary Steven Chu has announced more than $300m worth of investments that will boost a range of clean energy technologies - including carbon capture from coal, solar power, and high efficiency cars and trucks. The move reflects the Obama Administration's commitment to a broad based strategy that will create millions of jobs while transforming the way we use and produce energy, according to a DOE statement.

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18 May 2009

Secretary Chu announces $2.4bn in funding for carbon capture and storage projects

US Secretary of Energy Steven Chu has announced that $2.4bn from the American Recovery and Reinvestment Act will be used to expand and accelerate the commercial deployment of carbon capture and storage (CCS) technology. The funding is part of the Obama Administration's ongoing effort to develop technologies to reduce the emission of carbon dioxide, a major greenhouse gas and contributor to global climate change, into the atmosphere while creating new jobs, according to a statement.

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28 April 2009

Energy Provisions in the Stimulus Actp

The American Recovery and Reinvestment Act recently passed by Congress contains an array of energy initiatives that seeks to overhaul the American energy landscape. With a renewed and purposeful focus on energy research and development, climate change, and tax policy, the Act aims to reduce the nation's dependence on foreign oil, increase our renewable energy production and efficiency, accelerate deployment of smart grid technology, and provide funding and support to those involved in tackling the nation's energy challenges, according to Rahoul Roy, Paul G Afonso and Anil P Ranganath of law firm Brown Rudnick.

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28 April 2009

President Obama pledges to increase investment in science and energy innovation

Speaking at the National Academy of Sciences, US President Barack Obama pledged to increase investment in scientific research and innovation.

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23 April 2009

No new coal without CCS, according to UK Government

A future that curbs emissions from new coal fired power stations, and will see the UK lead the world in the development of carbon capture and storage (CCS) technology, was proposed by UK Secretary for Energy and Climate Change Ed Miliband today.

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23 April 2009

Carbon capture and storage company Powerspan closes $50m in new financing

Powerspan Corp., a clean energy technology company, has closed over $50m in new financing from a group of new investors including George Soros, Tenaska Energy, Inc., investment management firm AllianceBernstein, and private equity firm Persimmon Tree Capital, and returning investors NGEN Partners, The Beacon Group, The Tremont Group, RockPort Capital Partners LP, Calvert, Angeleno Group, Fluor Corporation and FirstEnergy Corp.

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22 April 2009

UK Government pledges billions in support of renewable energyp

In today's budget address, Chancellor Alistair Darling announced measures to support the UK's burgeoning green economy. These included £1bn in support of the fight against climate change and a commitment for the UK to cut CO2 emissions by 34 per cent by 2020.

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31 March 2009

Alstom and Dow Chemicals to build carbon capture plant in West Virginia, US

Alstom, a power generation company, and The Dow Chemical Company, a diversified chemical company, have teamed up to design and construct a pilot plant to capture CO2 from a coal-fired boiler at one of Dow's facilities in West Virginia, US.

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5 March 2009

Venture-backed carbon capture technology company GreatPoint Energy partners with University of Massachusetts Dartmouth to support of clean energy R&D

Venture-backed carbon capture technology company GreatPoint Energy, Inc., has partnered with the University of Massachusetts Dartmouth to support clean energy technology development in the state.

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26 February 2009

UK sets sights on clean coal power plants

UK Secretary for Energy and Climate Change Ed Miliband is looking to develop carbon capture and storage schemes (CCS), despite facing challenges in funding from the government, according to The Guardian.

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