March 17, 2014

WRAP UP

By ExchangeMonitor

Tamar Hallerman
GHG Monitor
5/24/13

IN THE INDUSTRY

The head of Babcock and Wilcox said late last week that some government regulations limiting CO2 could benefit the company going forward. In an interview last weekend on Platts Energy Week, B&W President and CEO James Ferland said that “some amount of regulation does create business” for the technology supplier, but that “too much regulation puts some of these power sources in danger in the long run.” B&W’s Power Generation Group is involved with engineering and design work for the Department of Energy’s flagship FutureGen 2.0 carbon capture and storage project in Morgan County, Illinois. “We can see carbon capture getting a little bit more attention these days. And we have stepped up our R&D spending on that front, and FutureGen is a big part of that for us,” Ferland said of the $1.65 billion retrofit project.

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