The U.S. Energy Dept. says it will build a flagship clean-coal powerplant in Illinois, reversing a previous Bush administration move to scrap the ambitious FutureGen project in favor of smaller carbon-capture and -storage projects (CCS) around the U.S. Energy Secretary Steven Chu and his industry partner, the FutureGen Industrial Alliance, a group of 20 leading power utilities and coal companies, reached agreement on the project: a 275-MW integrated gasification combined-cycle powerplant that could cost between $1.3 billion and $1.8 billion. The plant will be sited in Mattoon, Ill., 180 miles south of Chicago, and will be the first commercial-scale, coal-fired
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.