Random Thoughts of Chris Tilley

GreenFuel Technologies and NRG Energy have announced field testing of GreenFuel’s proprietary Emissions-to-Biofuels™ technology. This will be at New Roads, Louisiana's Big Cajun II, a 1,489 net megawatt coal fired power plant.

I wrote about the bioreactor back in my very first post. Basically algae grows well in a high CO2 environment. They pump the flue gases into the bioreactor and the algae uses the CO2 to grow and thus reduces the CO2 being released. The algae is then harvested and can be converted into a number of value added products like biodiesel.

They are doing approximately four months of field testing to fine tune it to the local area and the conditions at the plant. After that they are planning to construct a commercial scale facility.

NRG Energy has just joined the Chicago Climate Exchange. Here is the Press Release.

NRG Energy, Inc. (NYSE:NRG) has joined the Chicago Climate Exchange (CCX(R)), the world's first voluntary and legally binding greenhouse gas emissions reduction, registry and trading program. NRG joins global companies such as Bayer Corporation, Ford, IBM and Intel as a member.

"Joining the Chicago Climate Exchange is part of our ongoing program to increase our carbon awareness, track our emissions, and address climate change proactively," said David Crane, President and CEO, NRG Energy, Inc. "A cap-and-trade system, like CCX's, will minimize the cost of achieving carbon reductions because it allows the lowest cost emission reductions to be used to help meet reduction targets."

They are getting a head start on what is sure to be a new competitive advantage. Good going NRG Energy for taking this initiative and positioning your company for the future.