FutureGen Alliance CEO Michael Mudd offers insight on achieving a balance across prime fuels, conversion technologies and environmental pressures at the upcoming KEMA 2010 Utility of the Future leadership forum.
The Alliance helps support an active role of industry in the FutureGen project to ensure that the public and private sector share the cost and risk of developing the advanced technologies necessary to commercialize the FutureGen concept.
Alliance members intend to contribute nearly $400 million toward the project's costs and will facilitate the introduction of advanced technologies
into the plant that are based upon billions of dollars of past industrial investment.
According to Mudd
, "Climate change is one of the most pressing environmental concerns-and the energy and utility response to this challenge requires a delicate and complex balance.
Regardless of which specific climate policy is ultimately adopted by the U.S., the success of that policy will hinge on the availability of affordable low-carbon technology.
Nuclear, renewables, biomass, and efficiency will all be part of the low-carbon technology solution.
And given that coal is projected to remain the backbone of the U.S. electricity system for most of this century, and the growing economies of China and India will be fueled with coal plants, the availability of affordable, near-zero emission coal technology, incorporating carbon capture and sequestration, is essential to our sustainable energy future."
With over 30 years of experience in the utility industry with a primary focus on coal-fueled generation, Mudd
will be part of the Utility of the Future panel session focused on achieving a balance across prime fuels, conversion technologies and environmental pressures.
Prior to joining FutureGen, Mudd was the Manager of Generation Technologies and Technology Development for American Electric Power (AEP) responsible for corporate R&D associated with energy supply technologies including coal, gas, nuclear, and renewable energy technologies.
will be part of a panel of energy executives discussing the balance between prime fuels, conversion technology and environmental pressures at the KEMA Utility of the Future forum on Thursday, June 24th.