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NRG Energy Submits Application for Carbon-Capture Demonstration Unit in Texas
SUGAR LAND--September 8, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--NRG Energy Incorporated (NYSE:NRG) (Princeton, New Jersey) has applied to the U.S. Department of Energy for a 50% grant to develop a post-combustion carbon-capture demonstration plant, under the Clean Coal Power Initiative (CCPI), at its 3,635-megawatt (MW) at the W.A. Parish Power Station in Thomspons, Fort Bend County, southwest of Houston, Texas. Sources at NRG Energy have indicated that even if they do not get the grant, they will look at other avenues to fund the project.
Other companies featured: Fluor Corporation (NYSE:FLR), Dresser-Rand Group Incorporated (NYSE:DRC), Southern Company (NYSE:SO), American Electric Power Company Incorporated (NYSE:AEP), Arch Coal Incorporated (NYSE:ACI); Peabody Energy Corporation (NYSE:BTU)
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Industry Segment: Power
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