[SPN-Discussion] February 13 NY Funders breakfast: InnoSepra: Making Carbon Capture and Sequestration Cost Effective

[Gelvin Stevenson]

Greetings,

 

Please join us on Friday the 13th, to hear Dr. Ravi Jain, Founder of
InnoSeptra LLC describe his patented and cost-effective technology for
removing CO2 from power plant flue gas. The captured CO2 can be used for
enhanced oil or gas recovery or sequestered to mitigate its effect on the
climate. The company's carbon dioxide capture solution is expected to
provide cost savings for CO2 capture of more than 40%, or $20/ton, over
competing processes. 

 

Bench scale development is expected to be complete in early 2009; process
demonstration in a pilot plant with the real flue gas is expected in 2009-10
and process commercialization for a merchant CO2 plant in 2010-11,
culminating in a commercial installation at power plant scale in 2012-13.
Initial target customers are coal mine companies such as Consol Energy and
CO2 pipeline operators such as Denbury Resources. Target customers for CCS
are power producers such as Duke Energy and American Electric Power. 

 

InnoSepra is raising $2 to $4 million for Phases I and II, and about $9 M
for Phase III. 

 

Visit this link for additional information and to register: NYFunders
<http://store.mountainmedia.com/ceepinc/calendar.cfm?do=detail&d=3191&c=4943
&p=38102> 

 

And contact me with any questions.

 

Best regards,

Gelvin 

 

Gelvin Stevenson, Ph.D.

Program Director 

Center for Economic and Environmental Partnership, Inc.

718-863-4156

917-599-6089

 

PS I invite you to consider an Annual Subscription to NY Energy &
Environmental Funders. $400 gets you admission to all programs for a year,
copies of all electronic material from the companies and Sector Experts for
those meetings that you cannot attend. Annual Subscription is an option on
the registration form. 

 

 

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