July 22, 2010
Carbon Capture Journal
The Summit Power Group has launched a pre-construction FEED study for its Texas Clean Energy Project (TCEP), located in Penwell, Texas.
The FEED team formally launched the study on June 30, 2010 and construction is currently scheduled to begin on the project in the second half of 2011 upon completion of the FEED study.
The project is intended as a model for carbon capture projects elsewhere in the U.S. and abroad, the company said. The project has already received a $350MM award, including funds from the American Recovery and Reinvestment Act, from the DOE Clean Coal Power Initiative (CCPI) – Round 3 to demonstrate the commercial integration of large-scale IGCC with CO2 capture and geologic storage.
Summit said it chose Texas for its project due to the strong commitment of state and local elected officials, who believe that the state’s unique and longstanding experience in carbon sequestration – thanks to federally supported work by the University of Texas Bureau of Economic Geology (BEG) and 30 years experience importing natural CO2 into the Permian Basin from surrounding states for enhanced oil recovery (EOR) – positions it as the national leader for carbon capture and sequestration.
Because of the opportunity to earn revenue from CO2 for EOR, Texas is a particularly attractive site for these types of projects. Salt Lake City-based Blue Source, a leading emissions reduction project developer, will market the nearly 3 million tons of CO2 that The Texas Clean Energy Project will capture annually.