09/21/13
The biggest carbon-capture project to date was at the American Electric Power’s Mountaineer plant in New Haven, W.Va. But Nicholas K. Akins, the company’s chairman and chief executive, said that technology was “definitely not ready for prime time.”
Mountaineer was a pilot project. Equipping the whole plant would have cost $1 billion, he said, and driven up costs per kilowatt-hour by 60 to 80 percent.
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