Do More With Reuters
Partner Services

FACTBOX-Planned carbon capture and storage (CCS) projects

Tue May 6, 2008 5:45pm IST
 
Email | Print | | Single Page
[-] Text [+]
(Updates with Japan's JGC Corp)
 LONDON - Countries and companies are lining up projects to demonstrate a
technology to bury greenhouse gases underground, as they await government
backing in what analysts say could become a $150 billion-plus market.
 Carbon capture and storage (CCS) could keep up to a third of all manmade
carbon dioxide out of the atmosphere by trapping and then burying emissions from
fossil fuel power plants, and so may be a vital weapon against climate change.
 But no project exists anywhere yet to demonstrate the technology fitted to a
large-scale power plant, partly because of an added cost of around 1 billion
euros ($1.55 billion) per plant.
 Companies preparing projects include StatoilHydro (STL.OL: Quote, Profile, Research), E.ON EONG.DE,
RWE (RWEG.DE: Quote, Profile, Research), Scottish & Southern Energy (SSE.L: Quote, Profile, Research), Scottish Power -- which is
owned by Iberdrola (IBE.MC: Quote, Profile, Research) -- and a joint venture between BP (BP.L: Quote, Profile, Research) and Rio
Tinto (RIO.L: Quote, Profile, Research) called Hydrogen Energy. Below is a list of planned projects and
slated operation date.
COMPANY/PROJECT NAME     FUEL      PLANT OUTPUT  TECHNOLOGY      OPERATIONAL
BP-Rio Tinto, California Petcoke   500 MW        IGCC            2014
BP-Rio Tinto, Australia  Coal      500 MW        IGCC            2014
BP-Rio Tinto, Abu Dhabi  Gas       420 MW        Pre-combustion  Mid-2013
Centrica, UK             Coal      800 MW        IGCC            Postponed
E.ON, Killingholme, UK   Coal      450 MW        IGCC            Cancelled
E.ON, Kingsnorth, UK     Coal      400 MW        Retrofit        After 2014
EPCOR, Alberta, Canada   Coal      500 MW        IGCC            2015
FutureGen, United States Coal      275 MW        IGCC            Restructured
GE / Polish utility      Coal    1,000 MW        IGCC            N.A
Huaneng, GreenGen, China Coal      400 MW        IGCC            2015
Hypogen/ Dynamis, EU     Coal      N.A           Pre-combustion  2014-2016
JGC Corp, Harbin, China  Coal      N.A           N.A             N.A
Karsto, Norway           Gas       384 MW        NGCC            2012
Mongstad, Norway         Gas       280 MW        Post-combustion 2014
Nuon, Eemshaven, Neth.   Various 1,200 MW        IGCC            N.A
Powerfuel, UK            Coal      900 MW        IGCC            2010
RWE, Germany             Coal      450 MW        IGCC            2014
RWE, Tilbury, UK         Coal      400 MW        Retrofit        2016
RWE, Eemshaven, Neth.    Coal      160 MW        Retrofit        N.A
SaskPower, Canada        Coal      300 MW        Retrofit        Postponed
SaskPower, Canada        Coal      100 MW        Retrofit        2015
Scottish Power, UK       Coal      N.A           Post-combustion N.A
Scottish & Southern, UK  Coal      500 MW        Retrofit        2011
Siemens, Germany         Coal    1,000 MW        IGCC            2011
Stanwell, Australia      Coal      100 MW        IGCC            2012
Sources include: IEA, CCSA, Reuters
 (Compiled by Gerard Wynn)

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Sanjay Sinha
Balancing Act

In India, it is a tough choice between growth, managing inflation and financial stability.  Full Article 

 
Nipun Mehta
Road to Recovery

There needs to be an acceptable balance created between education and healthcare and infrastructure spend, says Nipun Mehta of SG Private Banking.   Full Article 

 
Robot Asimo

Snapshots of Honda Motor's humanoid robot Asimo  Slideshow 

 
Marketing Strategy
Marketing Strategy

Companies are now using direct marketing methods to sell their products.  Full Article 

 
Exit Plans
Exit Plans

Factbox - Stimulus exit plans for Asia-Pacific's big 5 economies  Full Article