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While the latest projections by the US Energy Information Agency show rapid growth in the use of renewable fuels even by 2050 at least fifty percent of the electricity generation is still expected to be from fossil-fueled plants. Electricity generation currently contributes approximate 32% of the total US CO2 emissions. At present there are more than 2,000 power plants of which at least 50 of them have generating capacity greater that 1,500 MW. Currently the capital and operating costs of CO2 capture is a barrier to project development and financing let alone the fact that they typically impose a 20-40% parasitic loss of electrical generation.
CDOTECH is focused on demonstrating feasibility of new process technologies to lower the costs and size production scale facilities.
