ACCCE Details More than 80 CO2 Capture and Storage Projects

FOR IMMEDIATE RELEASE

Contact: Joe Lucas or Steve Gates

703/684-6292

www.cleancoalusa.org

Coal-Based Electricity Sector Currently Spending More Than $500 Million on
Carbon Capture and Storage Research and Development:

Alexandria, VA - The American Coalition for Clean Coal Electricity (ACCCE) today released a list of more than 80 carbon capture and storage demonstration and research projects, predominantly underway in the U.S., proving again that the coal-based electricity sector is moving aggressively towards bringing advanced clean coal technologies to the marketplace domestically and abroad.

These projects represent all facets of carbon capture and storage. They are intended to pave the way for coal-based electricity generation technologies be used in ways that not only control pollutants regulated by federal clean-air statutes, but break new ground in achieving significant reduction in emissions of carbon dioxide.

“Over the last 30 years, the coal-based electricity sector has invested more than $50 billion in technologies to reduce traditional emissions regulated by federal and state clean air act laws. Now we’re seeking to expand what we've learned in that process to effectively guide and jump-start efforts to develop and deploy technologies that capture, transport, and safely store CO2,” said Joe Lucas, Senior Vice President for ACCCE.

The database shows nearly 100 projects in all -- over 80 in the U.S. -- that are related to various aspects of carbon capture and storage. Some are actual commercial-scale CO2 storage projects. A few demonstrate commercial use of available carbon capture technologies. The majority represent ongoing research into the carbon capture and storage techniques that will required for broad commercial deployment in conjunction with coal-based generation here in the U.S. and around the world.

Lucas stresses that the list released today is merely representative. It includes projects that are easily identified because of government cost-sharing or other publicly available documentation. What it is unable to identify are those proprietary projects and technologies that do not receive government funding and will not be announced until they are ready for public demonstration. He also said that the level of industry funding for these projects -- which outweighs government investment -- clearly demonstrates that the private sector is doing its fair share to bring carbon capture and storage technologies to the marketplace.

“Obviously, the research, demonstration, and deployment of such new technologies is not going to be cheap. The projects on this list alone represent an investment of over $1 billion,” said Lucas. “As it has done in the past and will continue to do in the future, the private sector will be a full partner with government in sharing these current and ongoing project costs. Bringing proven technologies to market on an accelerated timetable will require even greater government and private investment.”

There is reason for encouragement, Lucas believes, “Our industry supports President-elect Obama’s plan to invest in five full-scale carbon capture and storage demonstration projects. By investing in energy infrastructure projects like advanced clean coal projects, we can create jobs, promote domestic energy security, ensure access to affordable and reliable electricity, and promote continued progress in reducing emissions and protecting the environment.”

For a list of clean coal projects currently underway, please click here. For the 80 projects cited in this release, click here.

About ACCCE

The American Coalition for Clean Coal Electricity (ACCCE) is a non-profit, non-partisan partnership of companies involved in producing electricity from coal. Because coal is America’s most abundant energy resource, ACCCE supports energy policies that balance coal’s vital role in meeting our country’s growing need for affordable and reliable electricity with the need to protect the environment. ACCCE also advocates for the development and deployment of advanced clean coal technologies that will produce electricity with near-zero emissions. Headquartered in Alexandria, VA. For more information, visit www.cleancoalusa.org or www.americaspower.org