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US firms join Huaneng in green energy project
By Richard Fu |
January 21, 2011, Friday
|
Online Edition
Online Edition
China Huaneng Group and two American companies plan to build a green coal energy campus in the Inner Mongolia Autonomous Region, in the latest example to show how the two nations can cooperate in projects of common interests.
Huaneng, China's largest power generator will build the 1,200 megawatt power plant with US coal producer, Peabody Energy Corp, and California-based Calera Corp, whose technology can convert carbon dioxide into solid carbonates as a building material.
The power plant will capture a portion of CO2 and convert it into a green building material. The plant will be fueled by a 12-million-ton-a-year surface mine operated by Peabody, the world's largest private-sector coal company.
The deal demonstrates the growing alliance on clean energy and carbon initiatives between China and the United States, St. Louis-based Peabody said yesterday, though the nations are at odds on some issues such as trade.
"Recycling carbon will create beneficial building products for fast-growing cities that are becoming home to hundreds of millions of Chinese citizens migrating from rural areas," Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce said in a statement, adding the project will serve as a new global model for clean energy.
Peabody also will partner China's Yankuang Group to develop a 20-million-ton-a-year coal mine in Xinjiang Uygur Autonomous Region, which will supply fuel for a 2,000MW power plant and a substitute natural gas facility that produces 4 billion cubic meters of gas annually.
Separately, Chicago-based Exelon Nuclear Partners, which provides advisory services on building and operating nuclear power plants, has signed an agreement with China National Nuclear Corp to provide service support to China.
Huaneng, China's largest power generator will build the 1,200 megawatt power plant with US coal producer, Peabody Energy Corp, and California-based Calera Corp, whose technology can convert carbon dioxide into solid carbonates as a building material.
The power plant will capture a portion of CO2 and convert it into a green building material. The plant will be fueled by a 12-million-ton-a-year surface mine operated by Peabody, the world's largest private-sector coal company.
The deal demonstrates the growing alliance on clean energy and carbon initiatives between China and the United States, St. Louis-based Peabody said yesterday, though the nations are at odds on some issues such as trade.
"Recycling carbon will create beneficial building products for fast-growing cities that are becoming home to hundreds of millions of Chinese citizens migrating from rural areas," Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce said in a statement, adding the project will serve as a new global model for clean energy.
Peabody also will partner China's Yankuang Group to develop a 20-million-ton-a-year coal mine in Xinjiang Uygur Autonomous Region, which will supply fuel for a 2,000MW power plant and a substitute natural gas facility that produces 4 billion cubic meters of gas annually.
Separately, Chicago-based Exelon Nuclear Partners, which provides advisory services on building and operating nuclear power plants, has signed an agreement with China National Nuclear Corp to provide service support to China.
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