More funding needed for CCS technology on a global scale: US’ National Coal Council

A National Coal Council study released Thursday determined that more funding and other incentives are needed to produce carbon capture technology that would work on a global, commercial scale.

The study, prepared at the request of US Secretary of Energy Ernest Moniz, and titled “Fossil Forward – Revitalizing CCS: Bringing Scale & Speed to CCS Deployment,” assessed the progress made by the Department of Energy on the cost, safety and technical operation of carbon capture utilization and storage technology and found it came up short.

The Kemper power plant under construction by Southern Company in Mississippi will be the first integrated gasification, combined-cycle plant with carbon capture geologic storage and will come online in 2016, said Janet Gellici, executive vice president of the National Coal Council.

Read more at: http://www.platts.com/latest-news/coal/houston/more-funding-needed-for-ccs-technology-on-a-global-21920472

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