Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power

US DOE to award $36 mil toward carbon capture research

Energy | LNG | Natural Gas | Natural Gas (European)

Russian Gas in Europe: More Than Pipelines

Electric Power

Platts M2MS-Power

Commodities | Energy | Electric Power | Emissions | Renewables | Natural Gas | Natural Gas (North American)

Northeast Power and Gas Markets Conference, 14th Annual


Panorama del segundo semestre: El sector latinoamericano del PP busca su rumbo en los mercados asiático y estadounidense

US DOE to award $36 mil toward carbon capture research


US Secretary of Energy Rick Perry on Friday launched a federal program that will provide $36 million in financial assistance to advance carbon capture technologies.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The funds, provided through the Department of Energy's Office of Fossil Energy, will support cost-shared research and cultivate projects to continue development of carbon capture technologies at either the engineering scale or to a commercial design.

"Carbon capture technologies are one of the most effective ways we can continue to leverage the sustainability of our nation's fossil fuel resources while advancing environmental stewardship," Perry said in a statement.

"This funding opportunity will provide for further innovation on methods for capturing carbon emissions for storage and other utilization efforts, as well as underscore this administration's commitment to both environmental and economic security," he added.

A maximum of six projects will be awarded funding. A total of $30 million will be awarded to up to four projects associated with improving carbon capture technologies to engineering scale using existing host site infrastructure, and $6 million will be awarded to up to two projects focused on initial engineering, testing and design for a commercial-scale, post-combustion carbon dioxide capture system.

The Petra Nova project at the WA Parish Generating Station outside Houston is currently the only operational utility-scale CO2 capture project in the US at a coal-fired unit. The joint venture between NRG and JX Nippon Oil & Gas Exploration came online in 2016. The captured CO2 is used for enhanced oil recovery at the West Ranch oil field operated by Hilcorp Energy.

The carbon capture and storage system at the Kemper County Energy Facility first came online in February, but was taken offline by Mississippi Power in late June when it suspended lignite coal gasification at the facility in Mississippi and switched to generation solely by natural gas.

The future of the CO2 system at Kemper is in limbo while Mississippi Power and the Mississippi Public Service Commission work on a settlement over the future of Kemper.

The change in fuel at Kemper came after the PSC called for the plant to run only on gas to "remove risk from ratepayers for the lignite coal gasifier and related costs." Following delays and construction problems, the total cost of Kemper had ballooned to $7.5 billion by the end of June, up from original project estimates of $2.4 billion.

A PSC hearing has been scheduled for December 4 to reach a settlement with Mississippi Power as to how to pay for plant assets now in service.

--Jim Levesque,

--Edited by Keiron Greenhalgh,