Several US states have introduced or passed CCS legislation in the past three months. The most significant legislation – in Illinois and Texas – target IGCC+CCS technology, and are expected to boost the industry after the market setback in 2007 and 2008. Complementing state legislation, the US federal stimulus bill signed into law by President Obama also promises to increase the number of demonstration projects as more funding becomes available. Despite the dire near-term economic outlook, uncertain carbon policy framework, and sagging natural gas prices, EER expects that more than 10 US CCS power projects will be positioned to begin construction by 2013.
EER has just released a briefing on this important CCS industry development. To access this briefing please register as a guest on EER's website and follow the link below:
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