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Obama Administration Announces $8.33B in Loan Guarantees for New Nuclear Power Reactors in Georgia; First New US Nuclear Power Plant Project in Nearly 3 Decades

Green Car Congress

FEBRUARY 17, 2010

billion in loan guarantees for the construction and operation of two new nuclear reactors at a plant in Burke, Georgia. Total cost of the new units is currently projected to be approximately $14 billion. Units 3 and 4 are expected to begin commercial operation in 2016 and 2017, respectively. —President Obama.

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Georgia Obama Power Powered 231
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DOE selects 16 projects for funding to develop post-combustion carbon capture technologies

Green Car Congress

AUGUST 25, 2011

The US Department of Energy has selected 16 projects for almost $29 million in funding to develop advanced post-combustion technologies for capturing carbon dioxide from coal–fired power plants. Georgia Tech Research Corp. Existing CO 2 capture technologies are not efficient when considered in the context of large power plants.

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Carbon Coal Gas-Electric Gas 225
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