October 09, 2009 05:01 ET

Hatfield CCS Project Tipped for European Funding, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - October 9, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Only one of the four carbon capture and storage (CCS) projects in the United Kingdom is likely to receive vital funding from the European Commission (EC). Reports leaked this week suggest that the proposed 900-megawatt (MW) coal-fired integrated gas combined-cycle plant in Hatfield, South Yorkshire, owned by Powerfuel Power Limited (Doncaster, England), will receive up to 180 million euros ($265 million) in funding from the EC to build a demonstration CCS plant at the site.

Other companies featured: E.ON AG (OTC:EONGY), Endesa SA (MCE:ELE), Enel SpA (BIT:ENEL), ConocoPhilips (NYSE:COP).

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