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Decarbonized Fossil Energy
The New Economics of Carbon Capture: Lower Costs, More Revenue
The next CCS coal retrofits promise to be a lot cheaper. Last year, after the successful Petra Nova retrofit of the W.A. Parish Plant, NRG stated that the next retrofit would be 20% cheaper. They know from building the first plant where to eliminate “overkill” in the system and where to gain efficiencies that shrink the size of expensive components.
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Decarbonized Fossil Energy
Two Carbon Capture Projects: A Deeper Look
Two carbon capture projects made headlines in 2017. The Petra Nova project at NRG’s Texas Parish coal-fired power plant began capturing CO2 in January. Petra Nova was built on time and on budget, and is on is on track to capture 1.6 million tons of CO2 each year. More recently, Southern Company announced that the Kemper plant in Mississippi would no longer burn coal, and would cease capturing the coal plant’s CO2 emissions. Now Kemper will burn natural gas without CO2 controls.
