Fluor Corporation and E.ON Energie AG Join Forces on CO2 Capture for Coal-fired Power Plants
Thursday, July 03, 2008 4:04 AM
Symbols: FLR

Fluor Corporation (NYSE: FLR) and E.ON Energie AG (E.ON) announced today that the two companies have formed a strategic partnership for the development of a retrofitted pilot plant using Fluor’s commercially-proven Econamine FG+ carbon capture technology. The pilot plant will commence operation in 2010 at E.ON’s coal-fired power plant in Wilhelmshaven, Germany.

The primary focus of this partnership is to enhance the technology and to demonstrate its application to safely separate carbon from the flue gas of a coal-fired power plant. This will be the first demonstration of the technology on a coal-fired power plant. Both companies, in applying the Econamine FG+ process, will demonstrate an optimized adaptation of the CO2 scrubbing process that complies with U.S. and EU environmental requirements. E.ON brings essential experience in the operation and engineering of coal-fired power plants to this strategic partnership.

One advantage of the chosen CO2 scrubbing technology is the ability to retrofit conventional power plants already in operation. This creates an opportunity for a secure, affordable and dependable low carbon power generation solution using coal as a fuel source.

Fluor’s patented and proprietary technology has been demonstrated at commercial-scale facilities for nearly 20 years. The technology uses monoethanolamine (MEA) as the solvent for efficient capture of C02. Fluor’s further technology development and improvements will become the basis for the continued joint development with E.ON.

“We appreciate the opportunity to cooperate with a partner that has a global reputation in this industry and long-term carbon capture technology experience,” said Bernhard Fischer, chief technology officer and executive board member of E.ON Energie.

“Working jointly with E.ON Energie on this project, we are seeking to enhance our technology for use with existing and future coal plants,” said David Constable, president of Fluor’s Power Group. “We currently have 25 licensed Econamine plants already in commercial operation, many to produce chemical or food grade CO2, and an additional 10 Econamine FG+ licenses sold that will commence commercial operations within the next 18 to 24 months.”

The next logical step, therefore, is to adapt this well-proven process to the flue gas conditions of coal-fired power plants.


Next Page >>
More Options



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 300 contributors and press releases, SEC filings and full text news from thousands of sources.


 
Rate : 
Rate this Commentary  


 Text Comments (0) Post Comment
 
  
Good Rating(+1)    Bad Rating(-1)
No Data Found

 
Enter Symbol
Enter Search String
Bookmark This Article
Email Article

Send this article by email


Recipient's Name
Recipient's E-mail
Your Name
Your E-mail
Related Quotes
 
  Home | Login |Research | Earnings | Scans | Chat Rooms | Charts | Submit Article | Join Blog Network | Contributors | Subscribe to RSS

copryright 2008 all rights reserved