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By Todd P. Carington

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30. Slipstream refers to pilot testing at an operating power plant using a portion of the flue gas stream. AEP News Release, RWE to Join AEP in Validation of Carbon Capture Technology, (November 8, 2007). Ryan M. Dailey & Donald S. Shattuck, “An Introduction to CO2 Capture and Sequestration Technology, Utility Engineering” (May 2008), p. 7. , Carbon Capture Technology for Existing and New Coal-Fired Power Plants (April 15, 2008). 30 Larry Parker, Peter Folger and Deborah D. Stine [19] IGCC is an electric generating technology in which pulverized coal is not burned directly but mixed with oxygen and water in a high-pressure gasifier to make “syngas,” a combustible fluid that is then burned in a conventional combined-cycle arrangemento generate power.

The resulting market transactions result in an allowance price. [58] In addition, a low allowance price may be insufficient to encourage technology development and refinement. For example, the 1990 acid rain control program effectively ended the development of FGD for retrofit purposes by setting an emission cap that resulted in low allowance prices and that could be met through the use of low-sulfur coal. , state: The 1990 CAAA, however, although initially predicted to increase demand for FGD systems, eroded the market potential for both dry and wet FGD system applications at existing power plants when the SO2 allowance trading market returned low-sulfur coal to its importance in SO2 control....

L. 110-140) reflected Congress’ desire for more integrated demonstration projects, and DOE’s restructured approach to FutureGen purportedly provides incentives for integrating capture technology on IGCC plants of 300 MW or greater. ” The financial markets and regulatory authorities appear to be hedging their bets on the outcomes of any federal legislation with respect to greenhouse gas reductions, and are becoming increasingly unwilling to accept the risk of a coal-fired power plant with or without carbon capture capacity.

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