Company/Alliance: Coastal Energy, a company owned by Centrica Energy and Progressive Energy
Location: Teesside, England, UK
Feedstock: Coal and Petcoke
Size: 800 MW, 5 million tonnes of CO2 captured per year
Capture Technology: Pre-combustion/ IGCC; 80-85% capture rate
CO2 Fate: EOR offshore, North Sea oilfields
Timing: Design and development (2007-2008), construction (2009), and commissioning (by 2012)
Motivation/Economics: The power station will be owned by development company Coastal Energy, in which Centrica has invested £7.15 million (US$ 14.4 million) for an 85% share. Financially, much still depends on government support for the technology and the long-term cost of carbon emissions due to coal-fired power plants. Centrica is looking to increase its power generation portfolio, especially with coal, to reduce exposure to high gas prices. Total project is estimated to cost $1.5bn.
Comments: Centrica will also take a 55% stake in Coots Limited, a CO2 pipeline company that would dispose of the Teesside emissions in the North Sea.
Project Link: Renew Tees Valley: Carbon Capture and Storage [PDF] (November 2006)
Other Sources and Press Release:
Energy North East: Carbon Capture and Storage
Centrica Acquires Option in UK's First Complete Clean Coal Project (November 2006)
Centrica Joins UK Clean Coal Power Push (November 2006)
Centrica planning UK's first clean coal power station (November 2006)
Teesside could lead the way on carbon capture (March 2006)
