PPL Finalizes Award For Up To $72M In Federal Funding From U.S. DOE's Office Of Clean Energy Demonstrations; OCED Awarded PPL With The First Tranche Of Funding, $4.9M, To Begin Phase 1 Activities
PPL Finalizes Award For Up To $72M In Federal Funding From U.S. DOE's Office Of Clean Energy Demonstrations; OCED Awarded PPL With The First Tranche Of Funding, $4.9M, To Begin Phase 1 Activities
PPL Corporation (NYSE:PPL) announced today it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award up to $72 million to help fund a groundbreaking carbon dioxide (CO2) capture research and development project at the company's natural gas combined-cycle generation facility in Louisville, Kentucky. OCED awarded PPL with the first tranche of funding – $4.9 million – to begin Phase 1 activities.
PPL公司（紐約證券交易所代碼：PPL）今天宣佈，它已與美國能源部（DOE）清潔能源示範辦公室（OCED）簽署了一項協議，提供高達7200萬美元的獎金，以資助該公司位於肯塔基州路易斯維爾的天然氣聯合循環發電設施的開創性二氧化碳（CO2）捕獲研發項目。OCED向PPL提供了第一批資金——490萬美元，用於啓動第一階段的活動。
The carbon capture project – developed in partnership with the University of Kentucky and others – represents a total investment of more than $100 million and will be hosted at the Cane Run generating station jointly owned and operated by PPL subsidiaries Kentucky Utilities and Louisville Gas and Electric Company. OCED announced in February of this year that the DOE selected the project for award negotiations.
該碳捕集項目是與肯塔基大學和其他機構合作開發的，總投資超過1億美元，將由PPL子公司肯塔基公用事業公司和路易斯維爾天然氣和電力公司共同擁有和運營的Cane Run發電站託管。經合組織在今年二月宣佈，美國能源部選擇該項目進行獎勵談判。