Tuesday, June 2, 2009

Cofiring, CCS and Risk.

Okay, I've not been posting for a few months.

A few things have happened since then - the governemnt said yes, in principle to coal fired power stations, simultaneously re-anouncing the same money that had already been announced a few months earlier (actually less a bit).
They're calling for CCS from startup.

That should be possible, but understandably carries a big risk to the energy companies which they want to mitigate.

It's not about wrigging out, but about putting a limit on the cheque they have to sign if unexpectant things happen.

Perhaps this is why RWE are apparently pulling out of building new coal fired power stations in the UK.

To add to this picture the UK's first CCS plant has gone live - up on the Forth estuary, scotland.

Bloomberg have also written a piece about cofiring and dedicated wood burning plant. Remember that dedicated plant, whilst earning more ROCs (so making more money) are less efficient, so if there's a squeeze on the supply of wood give you less electricity for the same fuel supply.
RWE ag opperate in the UK under the name npower (RWE npower).

No comments: