ION Clean Energy Awarded $5.8M to Further Develop CO2 Capture Technology

ION Clean Energy, Inc. (ION), a leading carbon capture technology company, announced it has been selected by the U.S. Department of Energy (DOE) - National Energy Technology Laboratory (NETL) to complete a Front-End Engineering Design (FEED) study for a CO2 capture system designed for retrofit onto Nebraska Public Power District's (NPPD) Gerald Gentleman Station (GGS), located in Sutherland, NE.

ION has coupled its proven solvent-based CO2 capture technology with an exceptionally qualified design and engineering team to complete this project. Comprised of ION, NPPD, Sargent & Lundy, Koch Modular Process Systems, and Siemens, the team is moving forward to complete the FEED study for a 600-megawatt equivalent, commercial-scale CO2 capture plant. 

This project will provide critical data and insight into the transformative potential of ION's CO2capture technology when deployed at existing coal-fired power plants. This is a key milestone on the path to the commercialization of ION's large-scale decarbonization technology. 

"We are pleased to be a part of this collaboration that furthers our initiative to lower greenhouse gas emissions and to commercialize technology with the potential for large-scale decarbonization of existing power generating units at an affordable cost," said Alfred "Buz" Brown, ION's CEO. 

"Technologies that can capture CO2 in a cost-effective manner are necessary because our coal burning generation resources bring significant value to our customers," said NPPD's Vice President and Chief Operating Officer, Tom Kent.

ION Clean Energy | http://www.ioncleanenergy.com