Update: February 2013
Summit Power is still in negotiations with potential investors for the proposed IGCC plant, and hopes to break ground in mid-2013.
Update: September 2012According to a press release issued by Summit Power, the company plans to hire China's Sinopec Engineering, a unit of Sinopec Group, to handle engineering, procurement and construction of the proposed IGCC plant. As part of the plan, the Export-Import Bank of China will lend Summit more than $1 billion for the project, once the company finalizes the contract with Sinopec. Summit Power aims to finish financing the project by the end of the year and begin construction in early 2013.
Update: February 2012
Summit Power has delayed the groundbreaking for its proposed IGCC plant, asking the City of Odessa to push back the financing and employment deadlines for the project. The company was scheduled to break ground in December of last year, but is now hoping to begin construction by July 2012.
Update: January 2012
CPS Energy has finalized a 25-year purchase power agreement to buy 200 megawatts of electricity from Summit Power's proposed IGCC coal plant near Penwell, Texas.
Update: September 2011
On August 5, 2011, the U.S. Department of Energy issued a final environmental impact statement (EIS) for Summit Power's proposed IGCC coal plant near Penwell, Texas.
Update: June 2011
CPS Energy - a municipally owned utility serving San Antonio, Texas - has signed a memorandum of understanding (MOU) with Summit Power to purchase electricity from the proposed IGCC coal-fired power plant near Penwell, Texas. This decision comes as CPS Energy makes plans to retire its 1970s-era Deely coal plant in San Antonio.
Update: April 2011
On March 17, 2011, the U.S. Department of Energy issued a draft environmental impact statement (EIS) for Summit Power's proposed IGCC coal plant near Penwell, Texas. A public hearing on the draft EIS will be held in Odessa on April 5, with the public comment period ending on May 2, 2011.
Update: January 2011
On December 28, 2010, the Texas Commission on Environmental Quality issued the final air permit for Summit Power's proposed IGCC coal plant near Penwell, Texas. A copy of the permit is available in the related documents section below.
Update: October 2010
On October 19, the Texas Commission on Environmental Quality issued a draft air permit for Summit Power's proposed IGCC coal plant near Penwell, Texas. The Commission is now accepting public comments and a public hearing on the draft air permit will be held at Odessa College, located at 201 West University Boulevard, at 7:00pm on November 15, 2010.
Back in June, the U.S. Department of Energy announced its intent to prepare a draft environmental impact statement (EIS) for the proposed project.
Update: April 2010
On April 8, Summit Power Group submitted an air permit application for the proposed IGCC plant to the Texas Commission on Environmental Quality.
Next month, a four-member team from the Department of Energy's National Energy Technology Laboratory has plans to meet with city officials from Midland and Odessa and visit the project site to look at water availability and potential CO2 pipelines. The next step for Summit Power is to conduct an engineering and design study for the project. The company hopes to break ground on the plant early next year.
Update: December 2009
On December 4, Energy Secretary Steven Chu announced that Summit Power would receive a $350 million federal grant for carbon capture and storage at its proposed IGCC plant near Penwell, Texas.
Update: October 2009
On September 25, Summit Power announced that it applied for a federal grant under the Clean Coal Power Initiative Round 3 Program for its proposed coal-fired power plant near Penwell, Texas. Summit Power applied for the $350 million grant in August 2009, and expects to hear a response by late October or early November. The company initially sought a federal loan under the Department of Energy's clean coal program, but was told in July that no more funds were available.
Summit Power has plans to capture and sequester carbon dioxide emissions from the plant - an estimated 3 million tons per year - and use it for enhanced oil recovery operations in the Permian Basin. The company has yet to submit an air permit application to the Texas Commission on Environmental Quality.
In April 2008, Colorado-based Summit Power announced their plans to construct a 400 megawatt Integrated Gasification Combined Cycle coal-fired power plant in West Texas. The site for this plant has yet to be announced, but news reports indicate that the company plans to utilize the same technology as the since scrapped FutureGen coal project would have used, including yet to be proven carbon capture and sequestration technology.