Washington, DC - The FutureGen Industrial Alliance today announced
that power generator PPL Corporation has joined the non-profit consortium
of global electric utilities and coal companies working with the U.S.
Department of Energy to site and develop FutureGen, the world's cleanest
coal-fueled power plant.
PPL becomes the tenth member of the Alliance, which is facilitating design,
construction and operation of the first "zero-emissions" coal-fueled power
plant and hydrogen production facility with integrated carbon capture and
"PPL's participation demonstrates continued interest among U.S. and international
energy companies to work toward developing solutions to meet long-term energy
challenges through clean energy from coal," said FutureGen Alliance Chairman
Dr. Charles Goodman, Senior Vice President of Generation Policy for Southern
PPL Corporation (NYSE: PPL), headquartered in Allentown, Pa., controls about
12,000 megawatts of generating capacity in the United States, sells energy
in key U.S. markets and delivers electricity to more than 5 million customers
in Pennsylvania, the United Kingdom and Latin America.
"The Alliance companies are forward-thinking coal and energy companies that
are using 21st Century technologies to provide low-cost energy and address
climate change," said William F. Hecht, PPL's Chairman and Chief Executive
Officer. "We're pleased to join with such a group to supply the nation's
growing demand for energy in an environmentally responsible way."
The Alliance has issued a siting proposal and received 12 project bids from
seven states to host FutureGen, the world's cleanest coal-fueled power plant. The
Alliance will decide upon a short list of candidate sites by late summer. The
Department of Energy will review the candidate sites in accordance with the
National Environmental Policy Act prior to the Alliance's selection of a final
site by late-summer 2007.
The FutureGen Alliance represents some of the world's largest coal companies
and electric utilities including: American Electric Power, Anglo American,
BHP Billiton, the China Huaneng Group, CONSOL Energy Inc., Foundation Coal,
Rio Tinto Energy America, Peabody Energy and Southern Company. The Alliance
is partnering with the U.S. Department of Energy to design and build the facility.
These companies provide energy to tens of millions of residential, business,
and industrial customers in Asia, Australia, Canada, Europe, the People's Republic
of China, South Africa and the United States, among other regions.