NET Power secured funding and agreements for its $140 million, 50-MW demonstration power plant, that produces no greenhouse gas emissions and includes full carbon capture without requiring carbon capture equipment. The project is funded by a combination of cash and in-kind contributions from Exelon and CB&I. Toshiba has begun manufacturing a CO2 turbine for the project. Operations, maintenance and development arrangements have been completed with Exelon.
Corners Power Plant
Arizona Public Service completed its purchase of Southern California Edison's (SCE) ownership in Units 4 and 5 of the Four Corners Power Plant near Farmington, N.M. As part of its plan - originally announced in November 2010 - APS has permanently closed the plant's older, less efficient Units 1, 2 and 3, and will install additional emission controls on the remaining units. Acquiring SCE's 48 percent interest in the larger Units 4 and 5 will increase APS's total Four Corners capacity from 791 MW to 970 MW.