Skip to Content

DOE scraps advanced coal fired power plant in Illinois

Plans to build a nearly emissions-free coal fired power plant in Illinois have been thrown into chaos now that the Department of Energy has pulled out of the project. Plans for the FutureGen plant began over a decade ago with a cost of about $1 billion. With the cost now over $1.8 billion, DOE as decided to bail out the project. DOE was going to cover 75 percent of the cost of the plant that was to produce electricity and hydrogen and feature carbon capture and sequestration. Instead, the Energy Department will now take the money and spread it among multiple other projects. The money will be used to pay only for the carbon capture and sequestration, while partner companies will have to fund the rest of the plant. The FutureGen Alliance still wants to proceed with the project. However, they haven't been able to raise the necessary funding prior to the DOE pullout. It's not clear how they will replace the government funding. The Energy Department came to the conclusion that the planned facility was not commercially viable. However, it's not clear what part of it they consider not workable. If it's the carbon capture and storage, redirecting it to several other projects may not make it any better.

[Source: Forecast Earth]

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.



Featured Galleries

  • 2009 Rolls-Royce Phantom
  • Smart ED production
  • Tesla Roadster audio recording for video games
  • Production i-MiEVs in the UK
  • Hyundai 2.4L direct injected Theta II
  • Mercedes-Benz Citaro FuelCELL-Hybrid bus
  • Chevy Volt hits the streets in Royal Oak
  • 2010 Nissan LEAF
  • 2010 Mercedes-Benz ML450 hybrid
  • Renault Fluence ZE concept
  • Governor Schwarzenegger with the Zero S
  • Peugeot Concept HYbrid3 Evolution

Categories


Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum