SOURCE: Industrial Info Resources

Industrial Info Resources

December 08, 2011 06:20 ET

FutureGen Will Move Forward Without Ameren's Participation, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Dec 8, 2011) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Ameren Corporation (NYSE:AEE) (St. Louis, Missouri) will withdraw from the FutureGen 2.0 project at the end of the year, but the remaining members of the FutureGen Alliance (Jacksonville, Illinois) insist that they can move the advanced clean-coal project forward without the Missouri utility's participation.

In late November, Ameren announced it was closing its Meredosia Power Station, which was scheduled to be the site of the FutureGen 2.0 project. In announcing the closure, Ameren cited the high cost to bring Meredosia, a 63-year-old generator, into compliance with the recently finalized Cross-State Air Pollution Rule (CSAPR).

The announcement set off a scramble by the FutureGen Alliance, a coalition of mining companies, equipment suppliers and utilities, to keep the project alive. The top priority is to transfer $1 billion in U.S. Department of Energy stimulus funding from Ameren to the alliance.

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