By Rod Walton, Power Engineering and POWERGEN+ content material director
Mega billionaire and clear power know-how icon Elon Musk says he’s keen to present a small slice of his fortune to carbon seize know-how.
The Tesla founder and CEO tweeted he was keen to wager 9 digits’ value of incentives on the latest and finest innovation to comprise carbon dioxide emitted from manufacturing unit flues, energy crops and different industrial releases. Nearly all local weather scientists agree that carbon emissions are a main issue on the planet heating up over the previous century.
“Am donating $100M in direction of a prize for finest carbon seize know-how,” Musk tweeted.
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This is not any small announcement, contemplating he has greater than 42 million followers. Musk reportedly will give extra particulars in regards to the prize quickly.
Many energy mills are retiring coal-fired energy crops, a key emitter of CO2, however carbon seize, utilization and storage (CCUS) initiatives are a possible rising response which may enable some baseload coal-fired energy to co-exist in a clear power future. More than a dozen CCUS experimental efforts are happening worldwide.
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The U.S. has a few high-profile demonstrations presently beneath method. The National Carbon Capture Center in Wilsonville, Alabama, is a DOE undertaking managed by Southern Co.
The coal-fired Petra Nova energy plant in Texas additionally has a retrofit carbon seize undertaking led by NRG Energy and JX Nippon with the U.S. DOE’s National Energy Technology Laboratory serving as supervisor.
Petra Nova’s CC effort was began in 2017, with a partnership together with Kiewit, Mitsubishi Heavy Industries and Sargent & Lundy. The trio of engineering and building corporations are also working collectively on a deliberate Prairie State Generating Station CCUS undertaking in Illinois.
The Energy Department is contributing a $15 million grant towards the Prairie State undertaking.
The South African native Musk is taken into account the richest individual on the planet with a fortune estimated at greater than $100 billion. He has performed founding or important roles in such startups as PayPal, SpaceX and electrical car producer Tesla.
(Rod Walton is content material director for Power Engineering, POWERGEN International and the POWERGEN+ digital sequence. He might be reached at 918-831-9177 and email@example.com).
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