Department of Energy suspends FutureGen

FutureGen Meredosia Illinois Ameren coal-fired power plant clean coal carbon capture and sequestration Department of Energy DOE suspends

CHAMPAIGN, Ill. (AP) - The Department of Energy says it has suspended the long-planned FutureGen clean-coal project in western Illinois.

DOE spokesman Bill Gibbons told The Associated Press on Tuesday the department concluded the project couldn't meet a September deadline to use its $1 billion in federal stimulus funding.

Lawrence Pacheco is a spokesman for the FutureGen Alliance, the group of coal companies working with the government on the project. He said the alliance has no choice but to shut down. Without the federal funding there isn't enough money to finish the $1.65 billion project.

The plan was to refit a coal-fired power plant near Meredosia in western Illinois and store carbon dioxide from the coal underground.

An earlier version of the project was dropped by the administration of President George W. Bush due to costs.

Copyright 2015 The Associated Press.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...