“The biggest goal is to build these technologies that will allow coal to be used long into the future. Coal is approximately one‐third of state revenues and if that goes away, you know the state is going to be hurting”, said Jason Begger, Executive Director of the Wyoming Infrastructure Authority.
Carbon capture technology has the potential to revolutionize how we use fossil fuels. By transforming carbon dioxide emissions into valuable, revenue‐producing products, CCUS stands to improve the economics of carbon removal. And when it comes to what carbon can be used for, the sky is the limit. Researchers have been looking at ways to repurpose carbon dioxide emissions into products like carbon negative bio‐fuels, cooking oils, fish food, plastics and enhanced concrete. A breakthrough in CCUS could be game changing for coal production, not only helping to boost production while addressing emissions concerns, but also in turning what was once deemed a waste product into a valuable commodity.
Such a groundbreaking project was made possible through the hard work and joint efforts of the State of Wyoming, Basin Electric Power Cooperative, Tri‐State Generation & Transmission Association, National Rural Electric Cooperative Association and the NRG COSIA Carbon XPRIZE. The ITC has proven to be a model example of public‐private cooperation.
Governor Matt Mead and the Wyoming Legislature have made it a goal to expand Wyoming’s vast energy resources to new markets.
“We are making an investment in the future of coal. The research at the ITC will lead to new opportunities in petrochemicals and other commercial uses for carbon dioxide,” said Governor Mead. “We lead the nation in coal production. This facility allows us to provide the same leadership in research and to do all we can to make sure the coal industry can continue to serve Wyoming and the country for many years to come.”
XPRIZE, the world’s leader in designing and managing incentive competitions to solve humanity’s biggest challenges, will be the first tenant of the Wyoming ITC. The NRG COSIA Carbon XPRIZE is a global competition to develop breakthrough technologies that convert the most carbon dioxide emissions from power plant facilities into products with the highest net value. There are currently 27 teams competing as semi‐finalists in the $20 million competition. The teams hail from six countries – Switzerland, China, India, Scotland, Canada and the United States. Their innovative, diverse approaches to CO2 utilization include converting carbon emissions into valuable products such as fish food, fertilizer, carbon nanotubes and building material.
The ITC will be available for testing in Fall 2017. For more information on the Wyoming ITC, visit www.wyomingitc.org.