FutureGen Canceled by Department of Energy

By: Associated Press

Updated: Wed 8:14 PM, Jan 30, 2008

WASHINGTON (AP) - The Energy Department today canceled a $1.8 billion emissions-free power plant scheduled to be built in Illinois.

Two sites in Texas had been finalists, but lost out to a site in Mattoon, Illinois.

DOE had complained about the ballooning costs of the FutureGen plant.

The federal agency says it prefers to spend the money on a handful of projects around the country that would develop carbon capture and underground storage from coal power plants.

Energy Secretary Samuel Bodman called it an "all-around better deal for Americans."

The shift has stunned officials in Illinois, who made a last ditch appeal to President Bush aboard Air Force One today to keep the project intact.

They failed.

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FutureGen Canceled by Department of Energy

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