In late 2016, Texas became home to the nation’s only—and world’s largest—carbon capture project at a coal-fired power plant that emitted more CO2 than any other in the nation. This was The Big Test and hopes played high. Almost as high as the $1 billion price tag that limited retrofits to only one of four coal-fueled units. Texas-based NRG Energy tapped Japan’s Mitsubishi Heavy Industries for its promising KM CDR Process™ to be applied at a commercial scale at the company’s WA Parish power plant, later renamed Petra Nova. Long story short, while the technology performed to expectations, NRG last year was forced to mothball the facility citing low oil prices that made captured carbon for use in enhanced oil recovery operations uneconomical. Back to square one for Mitsubishi. But this time with gas. Reese Energy Consulting today is following the latest news from NextDecade and Occidental, which have inked an agreement with Mitsubishi for the design, license, and performance guarantee of its KM CDR tech at NextDecade’s planned Rio Grande LNG facility.
NRG Energy, Inc. is a large American energy company, dual-headquartered in Princeton, New Jersey and Houston, Texas. It was formerly the wholesale arm of Northern States Power Company, which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity.