DOE to Provide $1B Funding for CCS-Integrated Coal Power Plant

DOE will provide $1B financial assistance for the FutureGen 2.0 Project, the world’s first commercial-scale, oxy-combustion electric generation project with CCS technology. On January 15, 2014, the Department of Energy (DOE) announced its decision to provide approximately $1B in cost-shared funding to FutureGen Industrial Alliance for its $1.68B FutureGen 2.0 Project, a private-public partnership established…