Electric energy generation and the low-carbon challenge
The FutureGen Alliance is a non-profit consortium of some of the largest coal producers and users in the world and was formed to partner with the U.S. Department of Energy on the FutureGen project. FutureGen Alliance CEO Michael Mudd offers insight on achieving a balance across prime fuels, conversion technologies and environmental pressures at the upcoming KEMA 2010 Utility of the Future leadership forum.
The Alliance helps support an active role of industry in the FutureGen project to ensure that the public and private sector share the cost and risk of developing the advanced technologies necessary to commercialize the FutureGen concept. Alliance members intend to contribute nearly $400 million toward the project’s costs and will facilitate the introduction of advanced technologies into the plant that are based upon billions of dollars of past industrial investment.
According to Mudd, “Climate change is one of the most pressing environmental concerns—and the energy and utility response to this challenge requires a delicate and complex balance. Regardless of which specific climate policy is ultimately adopted by the U.S., the success of that policy will hinge on the availability of affordable low-carbon technology. Nuclear, renewables, biomass, and efficiency will all be part of the low-carbon technology solution. And given that coal is projected to remain the backbone of the U.S. electricity system for most of this century, and the growing economies of China and India will be fueled with coal plants, the availability of affordable, near-zero emission coal technology, incorporating carbon capture and sequestration, is essential to our sustainable energy future.”
With over 30 years of experience in the utility industry with a primary focus on coal-fueled generation, Mudd will be part of the Utility of the Future panel session focused on achieving a balance across prime fuels, conversion technologies and environmental pressures. Prior to joining FutureGen, Mudd was the Manager of Generation Technologies and Technology Development for American Electric Power (AEP) responsible for corporate R&D associated with energy supply technologies including coal, gas, nuclear, and renewable energy technologies.
Mudd will be part of a panel of energy executives discussing the balance between prime fuels, conversion technology and environmental pressures at the KEMA Utility of the Future forum on Thursday, June 24th. KEMA’s third annual Utility of the Future Leadership Forum, “Strategic Choices – Striking Equilibrium” is gathering energy and utility industry CEOs who will be sharing their insights on strategy and challenges to engage customers and achieve a sustainable energy supply.
KEMA’s 3rd annual Utility of the Future leadership forum
June 23 – 25, 2010
The Four Seasons, Washington D.C.
Designed in concert with an advisory panel of insightful, forward-thinking senior industry executives, KEMA’s Utility of the Future leadership series provides a view from the top on critical issues facing energy and utility industry and stakeholders and offers opportunities for leaders to connect with their peers as they seek to build for the future.
To register, and for more information, visit: www.kema.com/UtilityFuture2010.
For a look into the insights gained from the previous years’ Utility of the Future leadership series, visit www.kema.com/UtilityFutureSeries.