USA
& INDIA AGREE ON FUTUREGEN PROJECT
(March 3, 2006)
Washington,
DC President George W. Bush announced today that India will
become the first country to participate on the government steering
committee for the U.S. Department of Energys FutureGen project
an initiative to build and operate the worlds first
coal-based power plant that removes and sequesters carbon dioxide
(CO2) while it produces electricity and hydrogen. As a partner,
the Indian government will contribute $10 million to the FutureGen
Initiative and Indian companies will also be invited to participate
in the private sector segment.
We
welcome India in to our effort to build the first zero-emissions
coal power plant, Secretary of Energy Samuel W. Bodman said.
The success of the FutureGen Initiative will lead to the effective
and environmentally clean use of coal to power economies around
the globe.
FutureGen
will use coal a low-cost, abundant, and geographically diverse
energy resource to globally supply clean energy. The FutureGen
Initiative is a 10-year effort announced by President Bush in 2003
to integrate advanced coal gasification technology, hydrogen from
coal, power generation, carbon dioxide capture, and geologic storage.
Secretary
Bodman has invited government leaders of the multi-national Carbon
Sequestration Leadership Forum (CSLF) to become active participants
in the FutureGen project. The CSLF is a voluntary climate initiative
that includes 20 nations and the European Commission. CSLF members
are engaged in cooperative technology development aimed at enabling
the early reduction and steady elimination of carbon dioxide. India
is the first CSLF member to participate in FutureGen, and it builds
upon the U.S.India Energy Dialogue, launched in May 2005.
That agreement aims to increase U.S.India trade and investment
in the Indian energy sector by bringing together public agencies
and private industries to develop secure, clean, reliable and affordable
sources of energy.
FutureGen
is scheduled to begin operations around 2012 and will be the first
plant in the world to produce both electricity and commercial-grade
hydrogen from coal simultaneously. Virtually every aspect of the
275 megawatt prototype plant will be based on cutting-edge technology.
Technologies planned for testing at the prototype plant could ultimately
lead to power plants that are fuel-flexible and capable of multi-product
output. Eventually, the technologies could provide electric power
generation with no emissions, including carbon dioxide, at a market
competitive cost. FutureGen will emit virtually no airborne pollutants;
no wastewater will be discharged; solid wastes will be converted
to commercially valuable, environmentally benign products and carbon
gases will be captured before they escape into the atmosphere.
DOEs
recently released FY 2007 budget request supports the key technologies
needed for FutureGen. These include carbon sequestration, membrane
technologies for oxygen and hydrogen separation, advanced turbines,
fuel cells, coal-to-hydrogen conversion gasifier related technologies,
and other technologies.
FutureGen
is a public-private partnership involving DOE and a broad, open
consortium of industrial coal producers and electric utilities (the
FutureGen Industrial Alliance), as well as state governments and
international participants. The FutureGen project will be supported
by the leading U.S. sources of technology and innovation: universities,
national laboratories, and industry.
Release
Source: www.c2b2bnews.com
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