Carbon-capture option latest proposal for Ptolemaida V

A carbon-capture proposal that would enable power utility PPC’s Ptolemaida V plant, currently under construction, to keep operating beyond 2028, a decarbonization deadline set by the government, has emerged as the latest option for the project’s future.

Carbon capture, a process preventing carbon dioxide from entering the atmosphere, would limit emissions by approximately 80 percent, making the Ptolemaida unit in Greece’s north, close to Kozani, feasible amid an environment of escalating CO2 emission right costs.

It is believed opting for a carbon-capture solution would equate Ptolemaida V’s emission-related costs with those of a natural gas-fired unit. Carbon storage is also being examined.

Ptolemaida V was initially planned as a coal generator but a number of alternatives, including a switch to natural gas powering, are now being considered, especially since the government’s recent pledge of a decarbonized Greek energy sector by 2028.

PPC and energy ministry officials have received the carbon capture proposal for Ptolemaida V.

Greek government MP Giorgos Amanatidis, representing the lignite-rich Kozani constituency, has contacted a scientific team behind the development of a major carbon-capture project in Texas, USA.

The MP has also spoken with investors interested in such a solution for Ptolemaida V.

A carbon-capture option would enable the continuation of lignite mining in the Kozani area, seen as key support for the local economy.