PPL Corporation Joins FutureGen Industrial Alliance
May 23 2006 - 3:00PM
PR Newswire (US)
WASHINGTON, May 23 /PRNewswire/ -- 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 sequestration. "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 Company. 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 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.
For more information visit http://futuregenalliance.org/ . MEDIA
CONTACTS Fredrick D. Palmer FutureGen Industrial Alliance External
Relations Committee Chairman (314) 342-7624 Paul Wirth Media
Relations PPL Corporation (610) 774-5532 DATASOURCE: FutureGen
Industrial Alliance CONTACT: Fredrick D. Palmer, External Relations
Committee Chairman of FutureGen Industrial Alliance,
+1-314-342-7624, or Paul Wirth, Media Relations of PPL Corporation,
+1-610-774-5532 Web site: http://futuregenalliance.org/
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