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COORETEC

Brief description:

Germany's Federal Ministry of Economics and Technology (BMWi) is supporting the development of capture technologies through its research and development initiative COORETEC (CO2 Reduction Technologies for Fossil-fired Power Plants), which aims to reduce CO2 emissions of power facilities to near zero.

The scheme was initiated in 2002 due to the high demand for new investments in power plants in Germany. The concept rests on the two pillars of efficiency increase and avoidance of CO2 emissions and intends to create the basis for satisfying at the highest possible technical level standards for new and replacement plants in the power generation sector foreseeable after the year 2010.

In 2007 COORETEC also launched the “Lighthouse Concept”, which aims to reduce costs involved in CO2 capture and storage from current rates of €50-70 per tonne of CO2 to below €20 in the future, while simultaneously reducing efficiency losses from 9 -13% today to 6 – 11% in the future. Consequently, five technologies related working groups have been created in the covering natural gas combined cycle, steam cycle power plants, IGCC with carbon capture, Oxyfuel and CO2 storage. The research projects are in general collaborative projects between research institutions and industry. The level of funding varies with the projects, and whilst industry can receive coverage of up to 50% of their costs, academia will be wholly funded. In 2007, capture technologies R&D projects received around €26 million, in 2008 approximately €30 million and funding of €35 million in 2010.


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