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The center is a public-private partnership to advance the next generation of carbonj capture andstorage technologies. The effortg will be based at the Power Systems Development Facilituy southof Birmingham, Ala., a carboh research and development laboratory. Southern Co. will managre and operate the facility. Peabody has been a fundintg partner of the PSDFsince 1997. The Nationall Carbon Capture Center will bring together scientists and technology expertsfrom government, industry and academiaq to analyze both pre-combustion and post-combustionb carbon capture technologies in a coal-fueled powerr plant setting.
Once fully operational in 2010, the center will play a leadinbg role in the global effort toadvance cost-efficient, large-scale carbon capture and storage operations at coal-fueled power plants. Peabody Energgy (NYSE: BTU) is the world’s largest private-sectodr coal company with 2008 sales of 256 million tonsand $6.6 billiobn in revenue. Its coal products fuel 10 percent ofall U.S. electricity generation and 2 percent ofworldwide St. Louis-based Arch Coal Inc. is one of the nation'sd largest acoal producers, providing the fuel for 6 percen of the electricity generated in theUnitec States.
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