ION Engineering receives $15M from DOE to develop CO2 capture project in Nebraska

By: InnovatioNews Wednesday September 25, 2013 0 comments Tags: Boulder, CO2 capture, DOE, Dr. Alfred Brown, ION Engineering

ION Engineering logoBOULDER - ION Engineering today announced the Department of Energy's Office of Fossil Energy will provide $15 million to support a carbon dioxide capture, 1MW-equivalent pilot project in Nebraska.

ION and partners will contribute another $4 million in matching funds, bringing the total to $19 million for the 45-month project.

Previously, ION received $5 million from DOE-FE to develop its advanced solvent process.

During the past year working in collaboration with the University of North Dakotas Energy and Environment Research Center (EERC) and its coal and natural gas-fired Combustion Test Facility, ION demonstrated its technology is capable of achieving greater CO2 capture rates using less power plant energy relative to other solvent systems now in development, ION said.

"The results obtained at the EERC demonstrate that ION's advanced solvent has the potential to significantly reduce capital costs, operating costs and the parasitic load on an operating power plant that implements ION's technology," said Dr. Alfred Brown, ION Engineering CEO.

"By providing an affordable path to carbon-free coal and natural gas-generated power, we can have a significant impact on reducing carbon emissions worldwide."

For more information, visit www.ion-engineering.com.
InnovatioNews

About the Author: InnovatioNews

InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.