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Carbon Capture and Storage (CCS)

[Due to the increasing size of the archives, each topic page now contains only the prior 365 days of content. Access to older stories is now solely through the Monthly Archive pages or the site search function.]

OGCI makes first three investments: Achates Power, Solidia, and gas power with CCS

October 27, 2017

The Oil and Gas Climate Initiative (OGCI) has made its first three investments, moving forward the organization’s commitments to spur the growth of promising low carbon technologies. (Earlier post.) OGCI Climate Investments is the $1-billion investment fund established last year by OGCI to invest in promising technologies and business models that have the potential to significantly reduce greenhouse gas emissions.

Launched in 2014, the Oil and Gas Climate Initiative is a voluntary, CEO-led initiative which aims to lead the industry response to climate change. OGCI currently comprises ten oil and gas companies. The three investments are:

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DOE to award up to $36M for design and testing of advanced carbon capture technologies for coal-fired power generation

October 16, 2017

The US Department of Energy (DOE) will award up to $36 million (DE-FOA-0001791) to continue the development of carbon capture technologies to either the engineering scale or to a commercial design, with an eye to reducing fossil fuel power plant emissions. DOE is currently targeting transformational technologies that by 2030 will support a new coal-fired power plant with CO2 capture with a cost of electricity at least 30% lower than a supercritical, pulverized-coal plant with CO2 capture, or approximately $30 per tonne of CO2 captured.

The new FOA has two Areas of Interest: (1) Scaling of Carbon Capture Technologies to Engineering Scales Using Existing Host Site Infrastructure; and (2) Initial Engineering, Testing, and Design of a Commercial-Scale, Post-Combustion CO2 Capture System.

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