We reached an important milestone in our fleet optimization strategy by completing coal-to-gas projects at four power plants. These modifications reduce the plants’ combined carbon footprint by more than 80 percent, a key step towards our goal of providing customers cleaner power.
Among the first to make such modifications, NRG is now a leader in coal-to-gas projects. This is essential as we push ourselves – and our industry – to reduce carbon emissions. This enabled us to make those reductions in an economically efficient way, while continuing to meet market needs.
In partnership with JX Nippon Oil & Gas Exploration, we completed the Petra Nova Project, a commercial-scale post-combustion carbon capture facility, on-time and on-budget. Through this enhanced oil recovery solution, the widespread application of this technology can increase domestic oil supply while decreasing the amount of CO2 released into the atmosphere.
The Shoe Without a Footprint
We launched the $20M NRG COSIA Carbon XPRIZE to incentivize the brightest minds around the world to help address the issue of climate change. The participating teams are developing new CO2 conversion technologies, accelerating them from laboratory testing to demonstration under real world conditions. The competition has empowered people to take part in addressing one of our world’s greatest challenges.