Carbon capture faces viability struggle

From: Financial Times

Pilita Clark in London

A technology at the heart of efforts to avoid global warming will struggle to be economically viable in many places, the company spearheading its use in the power industry has revealed.

SaskPower, a Canadian utility, last month became the first company to launch a commercial-scale carbon capture and storage system on a coal power plant, at its Boundary Dam site in the province of Saskatchewan.

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But the high capital costs of carbon capture systems – and the electricity they cannibalise from power plants – have thwarted years of effort to bring the process into widespread use.

EPA Response to CRE DQA Alert on CCS

EPA Letter to CRE on Data Quality Alert  US EPA CCS

 

Southern’s Kemper Plant to Cost More Time and Money

From: RTO Insider

Another new power plant designed to employ carbon-capture technology is racking up cost overruns.

Southern Co. says its Kemper plant in Mississippi will cost $6.1 billion, up an additional $496 million, and it is pushing back the completion date from June 2015 to March 2016. The plant’s initial cost was $2.8 billion and it was projected to begin operations in 2013.

The company said that the overruns will reduce after-tax quarterly profit by $258 million. Southern subsidiary Mississippi Power is also planning to ask the Mississippi Public Service Commission for permission to pass $167 million on to customers.