DOE provides grants for carbon capture
Published: December 07, 2009
WASHINGTON (AP) - The Energy Department is awarding grants
totaling nearly $1 billion to speed up the development of
commercial-scale projects to capture carbon dioxide at three
coal-burning power plants.
The department said Friday that the money from the economic
recovery program will generate $2.2 billion in private capital for
the programs.
The grants include $334 million to Ohio-based American Electric
Power for carbon capture at its coal plant near New Haven, W.Va.;
$295 million to Atlanta-based Southern Co., for a coal plant near
Mobile, Ala.; and $350 million to Summit Texas Clean Energy, for a
plant to be built with carbon capture near Odessa, Texas.
The Obama administration wants 10 commercial-scale carbon
capture projects built by 2016.
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