For Immediate
Release
Powerspan and the U.S.
Department of Energy Team Up to Develop CO2
Removal Technology for Power Plants
NEW DURHAM, N.H., May 12, 2004
Powerspan Corp., a clean energy technology company, and the U.S.
Department of Energy's National Energy Technology Laboratory (NETL)
have entered into a cooperative research and development agreement
(CRADA) to develop a cost effective carbon dioxide (CO2)
removal process for coal-based power plants. The regenerative
process uses an ammonia solution to capture CO2
in flue gas and release it for subsequent sequestration; after
regeneration the ammonia solution is recycled. The CO2
removal process is expected to be readily integrated with Powerspan's
multi-pollutant control technology, called Electro-Catalytic Oxidation
(ECO®), which uses aqueous ammonia to absorb high levels of
sulfur dioxide, nitrogen oxides, and mercury. The scope of the
three-year CRADA includes laboratory testing, pilot testing, and
detailed studies of the CO2 capture process
economics.
Powerspan has conducted initial laboratory
testing of the subject CO2 absorption process,
which demonstrated 90 percent CO2 removal
under conditions comparable to a commercial-scale absorber. These
test results confirm those previously obtained by the Department
of Energy under similar conditions. Further testing at both the
Department of Energy and Powerspan under this CRADA will be conducted
to fully characterize the process capability and to optimize process
efficiency. The three-year agreement is expected to culminate
in a pilot test on an actual power plant that would confirm process
design and cost estimates. Initial cost estimates indicate that
the aqueous ammonia process would cost less than half of the best
CO2 capture technologies currently available
for use on coal-fired power plants.
"The National Energy Technology Laboratory
is proud of this cooperative venture with Powerspan. This CO2
absorption process was initiated in our lab. It is appropriate
to use the best of the Department's and commercial industry's
scientific resources on a technology that will address greenhouse
gas issues associated with fossil-fuel based energy production,"
said Rita Bajura, NETL's Director.
"Although CO2
emissions are not currently regulated, power companies are searching
for a CO2 removal technology that could
preserve the value of their coal-fired generating fleets in a
carbon constrained environment. A CO2 removal
process that could be cost effectively retrofitted on existing
air pollution control equipmentsuch as would be possible
with this new CO2 removal process and ECOwould
provide the power company with a valuable hedge against future
regulatory risk," said Frank Alix, Powerspan chairman and
CEO.
Ms. Bajura added, "The objectives of
this project are tightly aligned with our mission to develop comprehensive
solutions to secure America's future energy needs and mitigate
potential environmental problems."
Powerspan's ECO technology removes sulfur
dioxide, nitrogen oxides, mercury, and fine particulate matter
from the flue gas of coal-fired power plants. The technology has
successfully completed pilot testing and is now being commercially
demonstrated in a 50-megawatt installation in southeastern Ohio.
About Powerspan
Powerspan Corp., a clean-energy technology company based in New
Durham, N.H., is engaged in the development and commercialization
of proprietary multi-pollutant control technology for the electric
power industry.
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Powerspan Corp.
Stephanie Procopis
Director of Marketing
Phone: (603) 859-2500, ext. 20
Email: sprocopis@powerspan.com