2024-11-22
http://w3.windfair.us/wind-energy/news/30004-ieefa-report-carbon-capture-coal-feasibility-retrofit

IEEFA Report: Carbon Capture too Expensive

A study published concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short.

Official Press Release IEEFA:

IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike

Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation markets

A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and... ... More: Official Press Release IEEFA

Keywords:
IEEFA, report, carbon capture, coal, feasibility, retrofit







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