Louisiana project highlights unknowns of carbon capture
October 17, 2022
A carbon capture project proposed for a central Louisiana power plant has been dubbed “Project Diamond Vault” by its owner, Louisiana utility Cleco. The utility says the project will have “precious value” to the company, customers and state.
Yet less than six months after announcing the project to capture carbon from the plant’s emissions and store them underground near the plant, Cleco revealed in a recent filing to its state regulator the $900 million carbon capture retrofit could reduce electricity produced for its customers by the plant by about 30%.