US backs CCS tech projects with $304m
Government selects four large-scale projects spanning power, refining and paper sectors to receive funding to pilot transformational technologies
The US Department of Energy (DOE) has provisionally allocated up to $304m to four large-scale CCS demonstration projects at power generation and industrial sites in Kentucky, Mississippi, Texas and Wyoming in a move designed to pilot “transformational technologies” in the carbon-capture sector. The financial support, which is dependent on negotiations with the selected project developers, is funded under the Bipartisan Infrastructure Law. The selected projects are as follows: Up to $72m has been earmarked for a carbon-capture pilot project at the 640MW Cane Run gas-fired power plant in Louisville, Kentucky. The pilot, led by PPL Corporation, will deploy advanced heat-integrated CO₂ capture
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
