FutureGen

FutureGen is a project (now suspended) to demonstrate capture and sequestration of waste carbon dioxide from a coal-fired electrical generating station. The project (renamed FutureGen 2.0) was retrofitting a shuttered coal-fired power plant in Meredosia, Illinois, with oxy-combustion generators. The waste CO₂ would be piped approximately 30 miles (48 km) to be sequestered in underground saline formations. FutureGen was a partnership between the United States government and an alliance of primarily coal-related corporations. Costs were estimated at US$1.65 billion, with $1.0 billion provided by the Federal Government.

Citing an inability to commit and spend the funds by deadlines in 2015, the Department of Energy withdrew funds and suspended FutureGen 2.0 in February, 2015. The government also cited the Alliance's inability to raise the requisite amount of private funding.

First announced by President George W. Bush in 2003, construction started in 2014 after restructuring, canceling, relocating, and restarting. FutureGen 2.0 still faces legal challenges.