Europe Shortlists Capture Projects for Stimulus

European leaders shortlisted a dozen proposals to demonstrate large-scale carbon capture and storage at coal-fired power plants last month as eligible to share €900 million of the EU’s €5-billion stimulus funding package. The goal is to bring down the cost of carbon-neutral coal power — which the European Commission expects to continue to exceed the cost of conventional coal power in 2020 — and to gain more experience with underground storage of CO2.

Seven propose to capture CO2 post-combustion from the exhaust of conventional coal-fired power plants, a relatively inefficient process that nonetheless costs less up front — an attractive feature given today’s financial mess. Three are Integrated Combined Cycle Gasification or IGCC power plants that would pull CO2 out of coal-derived gases prior to combustion, akin to the U.S. FutureGen project that Bush killed and Obama may be reviving. Two more would concentrate their CO2 exhaust by burning coal in purified oxygen — the oxyfuel approach that Sweden’s Vattenfall is testing at a pilot plant in Germany.

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