by
Al Skinner
editor/publisher
FutureGen is dead. Have the environmental extremists scored
big? Only time will tell.
It all started in 2003 with a great plan with super coal powers
such as Foundation Coal, Peabody Coal and others pitching in to
form the FutureGen Alliance. For almost five years, the
grueling task of selecting a site and gathering support rolled
on with seemingly unstoppable force. The big thing was going to
happen, a big positive for the coal industry as well as its
detractors. After all, we’re talking clean coal at its very
best.
When Mattoon, Illinois was selected as the site, the whole
project was snuffed out as nonchalantly as a negative hand
gesture. Were there political ramifications? Who knows? It
seemed strange that the project was snuffed out at the very
moment when it had finally reached fruition. Putting the kibosh
on a plan that would have launched a new era in coal technology
and a level of clean coal heretofore unknown is a mystery.
Isn’t this what it’s all about?
The U.S. Department of Energy (DOE) complained that the cost for
the 275-megawatt power plant had ballooned to $1.8 billion, from
a $950,000 million price tag in 2003, which represented 74
percent of the total cost. DOE’s share, however, had only risen
to $1.1 billion. In this day and age of billion-dollar
spending, that seems slight.
Energy analysts say that technology development and changing
priorities since the FutureGen inception has made the project
obsolete. They contend that DOE’s plans to finance
carbon-capture equipment at commercial power plants could
actually accelerate the implementation of the clean-coal vision
that once was FutureGen. Commercial plants are based on
existing equipment that is considerably cheaper to build than
FutureGen. American Electric Power, for instance, estimates
that its’ 629-megawatt IGCC plants it plans to build in Ohio and
West Virginia would cost about $2.5 billion each, which includes
carbon capture, and is about 27 percent cheaper per megawatt of
power produced than projected costs for FutureGen.
The FutureGen Alliance says not so fast, my friend. The Alliance
claims that the government is exaggerating. DOE claimed that it
became cost-prohibitive, but the Alliance points out that DOE’s
share had only risen to $1.1 billion and that the Alliance
members had agreed to provide partial or full repayment for
overruns. So that takes care of that. Right? Wrong. DOE also
says that the new project would sequester as much carbon dioxide
at a lower cost than FutureGen. It was once again pointed out
that the Mattoon site would sequester approximately 2 million
tons per year, as compared to the new projects which aim for 1
million tons a year. Half as much!
Well, there are some of the arguments, pro and con. This debate
could go on forever. It’s disheartening that five years of
planning has gone by the wayside like so much rubble.
Is it a red letter day for environmental extremists? Maybe so.
But they’ll never win the war!
Comments? E-mail
alskinner@ntelos.net Let us know what you think. |