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Coal

New IGCC plant will capture 90% of CO2 with Siemens technology

Siemens has been awarded the FEED contract to supply coal gasification and power block technology for the Texas Clean Energy Project, a polygeneration IGCC project that will use coal as its feedstock. The project, which will have a carbon capture rate of 90%, received US$ 350 million under the US Department of Energy’s Clean Coal Power Initiative – Round 3.

 
 

Riversdale to raise AU$337 million for Benga coal project

Riversdale Mining is set to raise AU$337 million to accelerate development of the Benga coal project, as well as explore the company’s other Mozambique tenements. The project has a production target of 20 million tpa by 2013.

 
 
 
 
 
 
 

Australia introduces Mineral Resource Rent Tax

Following constructive discussions with the mining industry, Australia's newly appointed prime minister, Julia Gillard, has moved to scrap the controversial Resource Super Profits Tax (RSPT), replacing it with a Mineral Resource Rent Tax (MRRT).

 
 

Solar-coal hybrid project

Xcel Energy has started its demonstration plant to showcase the viability of such a hybrid plant.