New Report shows Underground Coal Gasification too costly and too unreliable

Underground_Coal_Gasification_-_website.jpgThe Institute for Energy Economics and Financial Analysis (IEEFA) recently published a report describing how coal-to-gasification technology for electricity-generation purposes remains commercially unviable.

The report — “Using Coal Gasification to Generate Electricity: A Multibillion-Dollar Failure” —concludes that two long-running marquee American Integrated Gasification Combined Cycle (IGCC), projects, Duke Energy’s Edwardsport plant in Indiana and Southern Company’s Kemper plant in Mississippi, prove the case against such investments.

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