Replies to post #4646 on NewStream Energy Technologies Group Inc (NSGP)

[Bobwill59]

Kate4 could you give me some insight how the IGCC is going to benefit us. Thanks trying to understand.
Bob

[Kate4]

Here's some information about the Tianjin project:

http://sequestration.mit.edu/tools/projects/greengen.html

(In the comments section it says "GreenGen is also planing to upscale the project: in April 2008, GreenGen and Tianjin officials signed an agreement for two 400-megawatt IGCC units."

Apparently Peabody Energy was or is involved, but their project was a $1 billion 650 megawatt project:

http://phx.corporate-ir.net/phoenix.zhtml?c=129849&p=irol-newsArticle&ID=1356351&highlight=

This recent project mentioned in the article about the ADB loan is a "$419.59 million project"

http://www.philstar.com/Article.aspx?articleId=548036&publicationSubCategoryId=200

And I noticed in that last article it said "The technology is reportedly the leading least-cost option available at present to cut carbon dioxide emissions from coal plants by up to 90 percent. ".

http://www.ecoseed.org/en/general-green-news/green-politics/green-policies/asia-pacific/6156

I posted an article about last months World Energy Summit that said other companies were citing similar technology at 1 billion/plant:

http://cleantech.com/news/5532/carbon-capture-and-storage-rebooting

I don't think anybody else can compete (cost-wise) with CCTC's technology right now. Just mho..