HOME ZACKS RESEARCH FUNDS PORTFOLIO BROKER RESEARCH MARKETS SCREENING VIDEO EDUCATION SERVICES
Zacks Rank    Equity Research    Premium Home    My Account    Help    
Quote:
Login Free Membership
Search:

Analyst Blog  

Southern's Technology Enriches China

Share
September 18, 2009 | Comment(s): 0
Recommended this article (6)
SO | KBR

Southern Co. (SO - Analyst Report) yesterday said that it has agreed with a Chinese utility for the first commercial use of the firm’s proprietary new low-emission coal-based electricity production. 
 
The technology – known as the Transport Integrated Gasification (TRIG) – is an integrated gasification combined cycle (IGCC) technology that produces electricity with lower emissions than traditional coal power plants. It converts coal to synthetic gas, from which pollutants can be removed before being burned in a combustion turbine to produce electricity. The technology can also be used with lower grades of coals that are plentiful in China.
 
TRIG has been developed at an Alabama research facility by Southern Co., in collaboration with KBR Inc. (KBR - Snapshot Report) and other partners, which include the U.S. Department of Energy.

Per the terms of the agreement, the developers of TRIG will provide Beijing Guoneng Yinghui Clean Energy Engineering Co. Ltd. with licensing, engineering services and proprietary equipment for the implementation of the technology at a 120-megawatt (MW) power plant operated by Dongguan Tianming Electric Power Co. Ltd. in Guandong Province of China.
 
At the plant, the TRIG technology will be added to an existing gas-fired, combined cycle plant so that it can use clean synthetic gas from coal as its fuel for generating electricity, instead of fuel oil. The facility is expected to commence service in 2011.
 
We see the licensing agreement as an important milestone in Southern Company’s efforts to successfully apply and market its TRIG clean coal technology to generate power more cleanly and efficiently. 
 
A Southern Co. unit, Mississippi Power Co. is also planning to use the TRIG technology at a proposed 582-MW IGCC plant in Kemper County, Mississippi. This would include the capture and sequestration of 65% of the carbon dioxide emitted by the plant.
 
Atlanta-based Southern Co. acquires, develops, builds, owns and operates power production and delivery facilities and provides a broad range of energy-related services to utilities and industrial companies in selected countries around the world. The company businesses include independent power projects, integrated utilities, a distribution company, and energy trading and marketing businesses outside the southeastern U.S.

Read the full analyst report on SO

Read the full analyst report on KBR

 

Please login to Zacks.com or register to post a comment.


Email

Print

Share

Rate Pos

Rate Neg
Attn. Zacks.com Visitors
Sell These Stocks Today
Make sure no Zacks #5 Rank "Strong Sell" stocks are lurking in your portfolio. They tend to perform only 1/6th as well as the market!
Get your free Welcome Gifts today*:
 1.  Zacks "Strong Sell" list.
 2.  Our e-newsletter with 4 "Strong Buy" stocks, Bull & Bear of the Day, and market commentary in every issue.
Get them free right now
  
No cost. Unsubscribe anytime. Privacy Policy
*Only for non-members. May end at any time.

More Zacks Resources

Market Summary May 25, 2012 21:16 pm ET
DJIA 12454.83  -74.92 -0.60%
NASD 2837.53  -1.85 -0.07%
S&P 500 1317.82  -2.86 -0.22%
Partner Center