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DOE Moves Ahead with Restructured FutureGen Program
  US

Thursday, May 08, 2008
Source:CARBONCAPTUREJOURNAL
Article Type: Cited


The U.S. Department of Energy (DOE) has released a draft Funding Opportunity Announcement (FOA) to solicit public support on the demonstration of multiple commercial-scale IGCC or other clean coal power plants with CCS.

The draft FOA outlines DOE's estimated investment, which would be set out in cooperative agreements or technology investment agreements awarded to commercial partners, and would range from $100 million - $600 million per project.

It also outlines the planned scope of the project, evaluation criteria, terms and conditions, and cost sharing requirements for public-private cooperation under FutureGen.

The DOE says its restructured approach, announced on January 30, 2008, aims to accelerate the near-term deployment of advanced clean coal technology by equipping new IGCC or other clean coal commercial power plants that generate at least 300 megawatts of power with CCS technology.

It also claims that the new approach of funding multiple projects is expected to at least double the amount of CO2 sequestered compared to the concept announced in 2003.

The draft FOA is intended to provide an opportunity for public review and comment and will close on May 21, 2008. Input from interested parties will be considered in the development of the final solicitation, which DOE expects to release in mid-summer 2008, with selection of projects targeted for December 2008.

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