carbon dioxide capture equipment News
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IBERDROLA has acquired a 20% holding in Westec Environmental Solutions (WES) an American Company focusing on the development of CO2 Capture and Storage Technologies
Via the Perseo Fund IBERDROLA has acquired a 20% holding in the company The work of Westec, which won the first edition of the Perseo awards, focuses on the development of CO2 capture and storage technologies, using equipment which is smaller and cheaper than current systems but equally efficient The operation is in line with Perseo’s aim of promoting new projects and businesses of high ...
By Iberdrola
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Utility CO2 mitigation markets will grow at double-digit rates
Operators of coal-fired power plants are committing billions of dollars in expenditures to reduce the quantities of CO2 per kilowatt of power produced. These expenditures are accelerating at double-digit rates. Forecasts of the revenues for CO2 capture, efficiency improvements and research are provided in the new Utility CO2 Mitigation Markets published online by the McIlvaine Company. The ...
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Department of Energy Announces $41 million investment for carbon capture development
The U.S. Department of Energy announced today the selection of 16 projects aimed at developing advanced post-combustion technologies for capturing carbon dioxide (CO2) from coal–fired power plants. The projects, valued at $41 million over three years, are focused on reducing the energy and cost penalties associated with applying currently available carbon capture technologies to existing ...
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