Summit Power Group Inc.: Dept. of Energy Grant for First Integrated Gasification Combined Cycle Project in U.S.

We assist this independent power developer, which is building the first integrated gasification combined cycle (IGCC) project in the U.S. to use carbon capture and sequestration. We have provided advice on a federal Dept. of Energy grant application and a federal tax credit application for the project, and are providing ongoing advice on Clean Air Act greenhouse gas regulation, federal carbon sequestration policy, and NEPA compliance.

The project, to be built near Odessa, Texas, has been awarded $350 million in federal grants and is planned to start construction in 2010. The plant will integrate proven carbon capture and gasification technologies designed to achieve a 90% carbon capture, the highest ever proposed. This innovative project, with its highly effective use of coal, is at the cutting edge of the intersection between climate concerns and domestic energy supply.