The FutureGen Industrial Alliance reported that offerors in nine states (totaling 22 sites) have expressed an interest in hosting the FutureGen Project – the coal-fueled “zero emissions” power plant that generates electricity and hydrogen while capturing and permanently storing carbon dioxide deep underground. FutureGen has an aggressive schedule to site the plant and begin construction within three years. The project is expected to accelerate the commercialization of the technology so that a fleet of plants based on the FutureGen design can be sited and developed worldwide.
The FutureGen Alliance is a coalition consisting of the world’s largest coal companies and electric utilities including: American Electric Power; Anglo American; BHP Billiton; the China Huaneng Group; CONSOL Energy Inc., Foundation Coal; Kennecott Energy, a member of the Rio Tinto group; Peabody Energy; and Southern Company.