The Texas Clean Energy Project (TCEP) was a project developed by Summit Power Group, Inc intended to build of the world’s first[1] Integrated Gasification Combined Cycle (IGCC) clean-coal power plant, a type of carbon capture and storage facility, located near Odessa, Texas (coordinates 31° 44' 46" N, 102° 35' 42" W).
As a result, the company declared that TCEP’s projected carbon emissions would be far lower than those of any existing fossil-fueled power plant.
[3] In 2007, Odessa had been considered one of four candidate sites[6] for a FutureGen Industrial Alliance project, “a public-private partnership to design, build, and operate the world's first coal-fueled, near-zero emissions power plant”.
Summit then announced plans in April 2008 to construct TCEP, a 600 megawatt IGCC coal-fired power plant in West Texas, located in the Permian Basin.
HB 469 offers significant financial incentives to the first three clean-coal power plants built in Texas that capture at least 50 percent of their carbon dioxide.