Summit Group announces bid to build carbon capture and storage plant in Scotland

Wednesday, March 21, 2012 - 09:03 in Mathematics & Economics

(PhysOrg.com) -- For several years the government of the United Kingdom has been trying to build a low-carbon coal fired power plant by means of competitions between companies seeking the £1 billion reward that would go along with such a contract. The last go-round wound up with just one competitor, Scottish Power whose bid faltered in the end due to it being too expensive. This time an American conglomeration called the Summit Power Group has jumped into the fray by partnering with the National Grid, an electric and gas company that provides service to customers in the United Kingdom and parts of the United States and petroleum company Petrofac. Their idea is to build a Carbon Capture & Storage (CCS) coal fired power plant to be located in Scotland’s Port of Grangemouth, that Summit says will release 90% less carbon emissions than conventional plants.

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