by Keith Hautala
(July 15. 2014) — The University of Kentucky has entered into an agreement with a major Chinese petrochemical conglomerate to develop technologies to capture, utilize and store 1 million tons of carbon dioxide per year from a coal-fired power plant in Dongying, Shandong, China.
The agreement, between UK's Center for Applied Energy Research (CAER) and the Sinopec Corporation's Shengli Oilfield Company and Petroleum Engineering Construction Corporation, is a project of the joint U.S.-China Climate Change Working Group (CCWG) as part of its Carbon Capture, Use, and Storage (CCUS) initiative. Preliminary work on the project began in 2012, and work is scheduled to continue through 2017.
The purpose of the project, with an estimated total investment of $320-400 million, is to develop a series of technologies to capture, transport, store and monitor