The U.S. Department of Energy is
trying to spread its investment dollars over a broader playing field by focusing
on demonstrating carbon capture and storage technology at multiple commercial
coal-gasification plants rather than at a single demonstration facility, such as
FutureGen. The DOE has pulled out of the $1.8 billion FutureGen project, citing
its rising cost and noting that, with more coal-gasification power plants in
various stages of permitting, it made sense to shift gears.
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A draft utility industry analysis
of comprehensive climate change legislation awaiting Senate floor action
concludes that the bill would sharply raise electricity prices, force many
utilities to switch from coal-fired generation to natural gas, and impose an
average cost of $1,500 on every U.S. household
beginning in 2015.
The U.S. Department of Energy has
asked Congress for $25 billion in fiscal year 2009, up $1.13 billion from the
current fiscal year. The largest spending increases would go toward the DOE’s
basic science research and for programs to spur development of new nuclear and
coal-fired power plants.
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Energy Secretary Samuel Bodman
told lawmakers last week that if cost projections for new nuclear plants
continue to rise, he would favor providing less federal loan guarantee backing
to more new reactor projects rather than providing the full 80% coverage
authorized by Congress for only one or two plants.
The Department of Energy has signed a memorandum
of understanding (MOU) with the French Atomic Energy Commission and Japan Atomic Energy Agency to expand cooperation on development of a prototype sodium-cooled
fast reactor, including possible efforts to “leverage existing, refurbished and
new facilities” in support of the project.
POWERnews is brought to you by the editors of POWER
magazine. Contact us at powernews@powermag.com.
Dr. Robert Peltier, PE Editor-in-Chief
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