New Nuclear Plants
Technology Investment Series – Chapter 1
We hope you and your families had a wonderful holiday season over the past few weeks and are off to a great start to 2008! In late 2007 we initiated this monthly newsletter release and are planning on continuing in 2008. We are always interested in your feedback and areas of interest you may want us to explore. Feel free to drop us a line or email us with article suggestions and ideas at [email protected]
We’re going to take a bit of a departure from past newsletters to discuss some of the technical and engineering aspects to Research & Development. Many of you may have seen our recent presentation at the last EEI meeting on the Technology Research, Development and Deployment Spectrum. As such, we’d like to delve deeper to provide you a basic understanding of how your Research investments in developing and/or implementing these technologies are being used.
One of the largest areas of recent investment for electric utilities is in environmental remediation technologies, particularly for coal-burning generation. Electric Utilities are investing billions of dollars into developing better technologies (new technology research) to clean and reduce emissions as well as into understanding how these technologies can be integrated into aged, existing plants (site specific research). With regard to new technology research – major investments are being made to achieve 90+% or greater removal of sulfur dioxide (SO2) and sulfur trioxide (SO3); nitrogen oxide (NOx) and mercury (Hg) both in single and multi-pollutant control processes and technologies.
Even before these processes and technologies are completely developed, utilities are making major research investments integrating existing technologies (site specific research) into their plants to achieve pollutant reductions such as: scrubber technologies, electrostatic precipitators (ESPs), Selective Catalytic and Non-catalytic reduction technologies, to name a few. Many of these projects can costs companies hundreds of millions of dollars in research, equipment and time.
While not every project has the same level of investment or necessarily research and development activities, these project types provide you areas to focus on capturing your companies research and development investments.
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BCP is an engineering services firm with 26 years of engineering experience and know-how. Over the last six years, we have developed a unique approach to R&D and an experienced team of R&D engineers and professionals that work for and with your tax group to provide complete and accurate technical substantiation for your R&D claim.
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