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Sep 18, 2024

PPL Finalizes Award for up to $72M in Funding from U.S. DOE OCED

PPL Corporation announced it has executed an agreement with the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) for an award up to $72 million to help fund a groundbreaking carbon dioxide (CO₂) capture research and development project at the company's natural gas combined-cycle generation facility in Louisville, Kentucky.

PPL Corporation announced the company and its research partners have been selected for a $72 million award negotiation by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) to help fund a ground-breaking CO2 capture research and development project expected to cost in excess of $100 million.

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