According to the company, the facility, to be known as Kentucky NewGas, is expected to produce energy to provide for nearly three quarters of a million Midwest homes.
If approved, the project could also re-energize the regional economy by creating 1,200 skilled jobs during a four-year construction process, 500 long-term jobs and nearly $100 million in regional economic benefits each year.
This gasification project would use ConocoPhillips proprietary E-GasTM technology to produce clean synthesis gas that is transformed into clean-burning natural gas. Kentucky NewGas will meet regulatory standards to protect the environment, including adoption of low emissions design criteria, anticipated to be less than 5 percent of the emissions of a comparably sized traditional coal plant, claimed the company.
ConocoPhillips said that, Kentucky NewGas was expected to meet regulatory standards to protect the environment, including adoption of low emissions design criteria, anticipated to be less than 5% of the emissions of a comparably sized traditional coal plant.
Headquartered in Houston, Texas, ConocoPhillips is an integrated energy company with interests around the world. It is the third-largest integrated energy company in the United States, based on market capitalization and oil and natural gas reserves, claims the company.
