Thursday, 25 March 2010

ETI to invest £25m in carbon capture demonstration project

New Statesman
Published 24 March 2010

The UK's Energy Technologies Institute (ETI) has planned to invest £25m in an advanced CO2 capture technology demonstration project
It said that it is beginning the hunt for organizations or consortia to bid for the project.
The proposed project will see the development of capture technology to a stage where it has completed full scale demonstration by 2015 and ready for adoption into full scale commercial power applications by 2020.
ETI said that bidders will need to demonstrate and justify how their approach will enable their technology to reach a state of development that will allow future investors to start engineering the design of a power station using this next generation technology in 2015, with operation commencing in 2020.
David Clarke, chief executive of ETI, said: "Capturing the CO2 emissions from fossil-fueled power stations using the technologies currently available can increase the capital costs of a new power station by between 50 and 100% and significantly reduce power output or increase fuel consumption.
"This project would enable the technology to catch the 'second wave' of CCS implementation in the 2020s following on from the first phase of plants expected to be built between 2015 and 2020 as part of the Department for Energy and Climate Change's demonstration projects."