Anglo American Joins FutureGen Industrial Alliance
February 23 2006 - 10:54AM
PR Newswire (US)
WASHINGTON, Feb. 23 /PRNewswire/ -- The FutureGen Industrial
Alliance today announced that Anglo American 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.
Anglo becomes the ninth 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 sequestration. "Anglo
American's participation adds to the Alliance's expertise and
demonstrates growing international cooperation to meet long-term
global energy challenges through clean energy from coal," said
FutureGen Alliance Chairman Dr. Charles Goodman, Senior Vice
President of Generation Policy for Southern Company. "FutureGen is
continuing a steady march toward development with a powerhouse
coalition of global energy partners spanning five continents."
Anglo American is one of the world's largest mining and natural
resource groups. Anglo American is a global leader in platinum
group metals, gold and diamonds, with significant interests in
coal, base and ferrous metals, industrial minerals and paper and
packaging. The group has operations in Africa, Asia, Australia,
Europe, South and North America. "We are very excited to join the
FutureGen Industrial Alliance," said Tony Trahar, CEO of Anglo
American. "Our participation is complementary to our existing
projects in China and Monash Energy in Australia, and represents a
further step in our commitment to participating in the development
of clean coal technologies that ensure that coal remains an
important and sustainable energy source for the future." A siting
process to select a host site for FutureGen in the United States is
under way, and an aggressive schedule calls for beginning
construction in three years with the plant operational by 2012. The
project will be supported by ongoing coal research programs, which
will be major source of technology for the prototype plant. The
FutureGen partners are contributing up to $250 million to help fund
project development and include: American Electric Power; BHP
Billiton; the China Huaneng Group; CONSOL Energy Inc.; Foundation
Coal; Kennecott Energy; Peabody Energy and Southern Company. The
U.S. government would invest $700 million. The FutureGen Alliance
member companies provide energy to tens of millions of U.S. and
international residential, business and industrial customers.
Member companies have global operations serving customers in Asia,
Australia, Canada, Continental Europe, the People's Republic of
China, South Africa and the United States, among other regions. For
more information visit http://futuregenalliance.org/ . MEDIA
CONTACTS Fredrick D. Palmer FutureGen Industrial Alliance External
Relations Committee Chairman (314) 342-7624 Kate Aindow Media
Relations Anglo American - London +44 207 968 8619 Daniel Ngwepe
Media Relations Anglo American - Johannesburg +27 11 638 2267 First
Call Analyst: FCMN Contact: DATASOURCE: FutureGen Industrial
Alliance CONTACT: Fredrick D. Palmer of FutureGen Industrial
Alliance, External Relations Committee Chairman, +1-314-342-7624,
or Kate Aindow, Media Relations of Anglo American - London, +44 207
968 8619, or Daniel Ngwepe, Media Relations of Anglo American -
Johannesburg, +27 11 638 2267 Web site:
http://www.futuregenalliance.org/
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