ADA-ES Announces Clean Coal Technology Project
Solid-Sorbent-Based Carbon Capture Technology Is Being Developed to Reduce Carbon Emissions from Power Generating and Industrial Plants
HIGHLANDS RANCH, Colo.--(BUSINESS WIRE)-- ADA-ES, Inc. (NASDAQ: ADES) (“ADA”) today announced that it has initiated the fabrication and construction phase of a 1MW Carbon Dioxide (CO2)Capture Pilot Plant. ADA’s regenerable solid-sorbent-based clean coal technology captures CO2 from coal-fired power plants and industrial sources. The pilot will be installed at Southern Company subsidiary Alabama Power’s Miller Electric Generating Plant outside Birmingham, Alabama. ADA is the prime contractor for this $20.5 million project administered by the U.S. Department of Energy’s National Energy Technology Laboratory’s Carbon Capture Program (DOE-NETL), which is providing $15 million of the funding through the American Recovery and Reinvestment Act. Southern Company is co-funding the project with other participants.
ADA’s technology offers the potential to significantly reduce the amount of energy required to capture CO2 when compared to competing technologies. The pilot plant is scheduled to commence operation in October 2013 and is targeted to demonstrate the technical, economic and energy benefits of a promising CO2 capture technology. Results from pilot testing will be used to develop a preliminary full-scale commercial design in preparation for demonstration at the next scale.
Dr. Michael Durham, President and CEO of ADA, commented, “We believe that this project is an important step in advancing ADA’s vision for a future with cleaner energy. ADA has an established track record of engaging in collaborative partnerships with DOE-NETL and our power generating customers to develop and commercialize innovative solutions to reduce emissions from coal, a low-cost, abundant and secure national fuel resource.”
“This project is an important addition to Southern Company’s portfolio of industry-leading carbon capture technology research and development,” said Chris Hobson, Southern Company Chief Environmental Officer.
About ADA
ADA is a leader in clean coal technology and the associated specialty chemicals, serving the coal-fueled power plant industry. Our proprietary environmental technologies and specialty chemicals enable power plants to enhance existing air pollution control equipment, minimize mercury, CO2 and other emissions, maximize capacity, and improve operating efficiencies, to meet the challenges of existing and pending emission control regulations.
With respect to mercury emissions:
- Through our consolidated subsidiary, Clean Coal Solutions, LLC (“CCS”), we provide our patented Refined Coal (“RC”) CyClean™ technology to enhance combustion of and reduce emissions from burning Powder River Basin (“PRB”) coals in cyclone boilers and our patent pending M-45™ technology for other types of coal and boilers. Both technologies reduce emissions of NOx and mercury in coal fired boilers.
- We supply Activated Carbon Injection (“ACI”) and Dry Sorbent Injection (“DSI”) systems, mercury measurement instrumentation, and related services.
- Under an exclusive development and licensing agreement with Arch Coal, we are developing and commercializing an enhanced PRB coal with reduced emissions of mercury and other metals.
In addition, we are developing CO2 emissions technologies under projects funded by the U.S. Department of Energy (“DOE”) and industry participants.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a 'safe harbor' for such statements in certain circumstances. The forward-looking statements include statements or expectations regarding the cost and timeline for the CO2 project and related matters. These statements are based on current expectations, estimates, projections, beliefs and assumptions of our management. Such statements involve significant risks and uncertainties. Actual events or results could differ materially from those discussed in the forward-looking statements as a result of various factors, including but not limited to, changes in laws and regulations, government funding, and prices; technical, start-up and operational difficulties; availability of raw materials and equipment for the project; loss of key personnel; intellectual property infringement claims from third parties; and other factors discussed in greater detail in our filings with the Securities and Exchange Commission (SEC). You are cautioned not to place undue reliance on such statements and to consult our SEC filings for additional risks and uncertainties that may apply to our business and the ownership of our securities. Our forward-looking statements are presented as of the date made, and we disclaim any duty to update such statements unless required by law to do so.
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