NeuCo, working with Dynegy and the Department of Energy’s National Energy Technology Laboratory, announced the results of a four-year optimization software development and demonstration project that took place at the Baldwin Energy Complex. This project was part of DOE’s Clean Coal Power Initiative and is touted as the first CCPI project to reach successful conclusion.
In 2004, NeuCo was awarded a four-year, $19 million cost-shared power plant optimization project that encompassed the design, development and demonstration of separate but integrated online optimization systems at Dynegy’s three-unit 1800-MW Baldwin Energy Complex in Illinois.
The NeuCo and Dynegy project team announced that the project reduced nitrogen oxide emissions by 12 percent to 14 percent; improved fuel efficiency by 0.7 percent; increased available megawatt hours by an estimated 1.5 percent; reduced ammonia consumption by 15 percent to 20 percent on a unit with aselective catalytic reduction system; and saw reductions in greenhouse gases, mercury and particulates as well as cost.
The project teams estimates that the savings benefits available to the industry are between $2.3 billion and $2.6 billion dollars per year.
In October, Dynegy agreed to disclose the company’s financial risks associated with climate change to the S.E.C. under an accord announced by New York Attorney General Andrew Cuomo and former U.S. Vice President Al Gore.