Resource logo with tagline

Broadwing Clean Energy Complex

USA
Greenfield

Overview

Status
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Greenfield
Region
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North America
Geography
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USA
State
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Illinois
Equity Owner
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Warwick Capital Partners; 8 Rivers Capital; ADM
Proponent
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8 Rivers Capital; ADM
Output
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Carbon capture and storage (CCS)
Type of electricty
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Capacity
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1 million tons of CO2 per year
Financing
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Technology
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Allam-Fetvedt Cycle
Technical Advisors
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NET Power (technology provider)
Advisors
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Project Contact
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8 Rivers' CEO, Cam Hosie
Lawyers
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Vinson & Elkins
Project Cost
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$500m
Offtaker
-
Commercial Operations Date
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2025
Decommission Date
-
FID
-

Description

The development of the Broadwing Clean Energy Complex, an Allam-Fetvedt cycle 280 MW power plant.

The Broadwing facility will be located adjacent to ADM’s processing complex in Decatur, storing captured carbon a mile and a half underground via ADM’s carbon capture and storage system.

8 Rivers, through its Zero Degrees development business, aims to reach a final investment decision in 2022 and begin operations by 2025. Warwick Capital Partners LLP (Warwick) will serve as a development financing partner through its targeted investment vehicle Warwick Carbon Solutions. NET Power continues to lead the commercialization of the Allam-Fetvedt power cycle technology that was invented by 8 Rivers and will be deployed at Broadwing.

The technology combusts gas with oxygen, as opposed to air, and uses supercritical carbon dioxide as a working fluid to drive a turbine instead of steam. This eliminates all air emissions, including traditional pollutants and CO2, and inherently produces pipeline-quality CO2 that can be sequestered.


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