Basin project to capture C02 pegged at $300 million
NORTH DAKOTA - Basin Electric Power Cooperative says it will spend up to 300 million dollars to capture a portion of carbon dioxide at its coal-fired power plant in central North Dakota.
The Bismarck-based company chose Powerspan Corporation of Portsmouth, New Hampshire, to provide the technology to remove about 1 million tons of C02 annually from one of two units at Basin's Antelope Valley Station.
The project is expected to recover 57 million cubic feet of carbon dioxide daily. The gas will then be piped to the North Dakota oil patch and to southern Saskatchewan, where it will be pumped underground to force oil to the surface.
Carbon dioxide emissions are widely blamed for global warming.
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Iraq plans nuclear power plants to tackle electricity shortage
BAGHDAD - Iraq is working on a plan to build nuclear reactors as the electricity-starved petrostate seeks to end the widespread blackouts that have sparked social unrest.
OPEC’s No. 2 oil producer – already suffering from power shortages and insufficient investment in aging plants – needs to meet an expected 50% jump in demand by the end of the decade. Building atomic plants could help to close the supply gap, though the country will face significant financial and geopolitical challenges in bringing its plan to fruition.
Iraq seeks to build eight reactors capable of producing about 11 gigawatts, said Kamal Hussain Latif,…
