Officials celebrate W.Va. carbon capture project
Government, company officials celebrate carbon capture project at AEP plant in West Virginia
- On 12:48 pm EDT, Friday October 30, 2009
NEW HAVEN, W.Va. (AP) -- Company and government officials are celebrating the launch of a carbon capture project at American Electric Power's Mountaineer Plant in New Haven.
The $70 million demonstration project was formally commissioned Friday. It's designed to capture carbon dioxide from the plant's emissions and store it underground. AEP says at least 100,000 metric tons of carbon dioxide will be captured annually.
The utility is partnering on the project with Alstom, which developed the technology.
AEP Chairman Michael G. Morris said commercializing the technology is essential to a successful strategy to address climate change.
Gov. Joe Manchin and Sen. Jay Rockefeller also participated in Friday's event.
Related Headlines
- 10 Dividend Picks For Your Portfolio: Chief Investors - at CNBC
- [video] The Dividend Strategy - at CNBC
- Regulators in West Virginia and Virginia Make Decisions on Procedural Schedules to Review PATH Project - Business Wire
- Southwestern Electric Power hikes rates in Ark. - AP
- W.Va. delays power line decision until Feb. 2011 - AP
Related Blog Headlines
- 20 Large Cap Opportunities - at Seeking Alpha
- American Electric to Buy Assets - Zacks.com
- Pimco's Gross Champions Utilities - at Barrons.com
- Dollar is Not Plunging-So 'Calm Down': Market Strategist - at CNBC
- Winners and Losers under Cap-and-Trade: Exxon, Exelon, and Duke - at The Wall Street Journal Online
Sponsored Links
-
Trade Stocks? Try Currency Trading
Trade in a highly trending market 24-hrs a day, 5.5 days a week. GFT. -
Earn From 1.90% to 2.20% Apply Online
With GE Capital Corporation. Not An Offer Of Securities For Sale.
-
Buy Stocks for $4
No account or investment minimums. No inactivity fees. Start Today. -
Super Cheap Car Insurance
Get Discount Car Insurance Quotes Online – Rates from $15 / Month.
Tech Ticker Recent Posts
Add Alert Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.