Plans have been unveiled to build what is claimed to be the world’s first net-zero natural gas-fired power plants in Colorado and Illinois, US.
Investment firm 8 Rivers Capital, LLC and Chicago-based agriculture giant ADM have agreed in principle to locate the Broadwing facility adjacent to ADM’s processing complex in Decatur, Illinois, storing captured carbon safely a mile and a half underground via ADM’s proven carbon capture and storage system.
The Broadwing Clean Energy Complex will generate 280 MW of clean power to help decarbonise the industrial, transport, and electricity sectors. 8 Rivers, through its Zero Degrees development business, aims to reach a final investment decision in 2022 and begin operations by 2025.
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