The University of Wyoming (UW) has received a $2 million grant from coal giant Peabody Energy to create the Peabody Energy Clean Coal Technology Laboratory in the UW Energy Resources Center in Laramie. This gift will be doubled by the Wyoming State Legislature matching fund.
As part of the School of Energy Resources, the Peabody Energy Clean Coal Technology Laboratory will house research facilities to develop coal-fueled energy technologies, with an emphasis on the next generation of low-carbon and near-zero emissions. These include carbon dioxide capture and storage (CCS) and laboratory-scale coal gasification, which involve hydromethanation (a process that enables the efficient conversion of coal into clean, pipeline quality methane) research, synthesis gas conversion, catalyst development and materials research.
Peabody is the top producer in Wyoming’s Powder River Basin and is participating in a number of signature projects around the world to commercialize near-zero emission technologies, including GreenGen in China, the COAL21 Fund and Global Carbon Capture and Storage Initiative in Australia, and FutureGen in the United States.
Peabody Energy is the world’s largest private-sector coal company. With 2009 sales of 244 million tons and $6 billion in revenues, Peabody fuels 10% of US power and 2% of worldwide electricity.