XPRIZE to sweeten carbon capture lab

XPRIZE to sweeten carbon capture lab

By on Oct 9, 2015 in In the News |

The new Integrated Test Center carbon capture lab at Basin Electric’s Dry Fork Station will have an added incentive for researchers: a $10 million XPRIZE. During Thursday’s Wyoming Infrastructure Authority (WIA) fall meeting in Jackson, the WIA Board of Directors approved a Memorandum of Understanding (MOU) with the XPRIZE Foundation to use the Integrated Test Center (ITC) as a test site for their $20 million NRG COSIA Carbon XPRIZE competition; $10 million of which will be set aside for technologies tested and demonstrated at a coal-fueled facility like the ITC. WIA will be the managing the operations entity of the ITC.

According to the Carbon XPRIZE website, “The winning team will convert the most CO2 emissions into the highest value products.” The teams will also have to make the business case for their approach as well as minimize the use of energy, water, land and other inputs with consequences for the environment.

The XPRIZE  is expected to “incentivize development of new and emerging CO2 conversion technologies, accelerating them from laboratory testing to demonstration under real world conditions,” and will “help identify the most promising pathways for CO2 conversion and prove they can be deployed at power plants and other industrial facilities.”

“We are excited to announce XPRIZE as the first tenants of the ITC. It takes a village to undertake such a project and they have been a great partner,” said Jason Begger, executive director of the Wyoming Infrastructure Authority. “The XPRIZE award is a fantastic incentive in the development of advanced coal technologies. Our hope is to develop a suite of technologies that can take what as seen as a liability and transform it into an additional valuable product.”

Read the original story at WyomingBusinessReport.com