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billion coal-fueled, near-zero emissions experimental power plan t have completed the land acquisitionin Mattoon, Ill. and Coles Togetherr recently combined funds to purchasethe 400-plus-acr e site, using nearly $3 million raised locally by Coleas Together along with non-public Alliance funds provided by the group’s 13 member companies, including The alliance and the and Economic Opportunity Director Jack Lavihn also unveiled a report Fridaty showing new geophysical data that confirm the suitabilityt of the Mattoon site, about 150 milew northeast of St.
Louis, to securelg store greenhouse gases captured fromthe world-class coal-to-electricity The state of Illinoisx and the public-private each has committedf $2 million to support ongoing scientific and technical Nearly a year ago, Mattoomn was chosen to host the planr but the project stallexd after the federal government backed out. With a new administrationj headedto Washington, supporter for federal backing. Initial estimates state that 1,30p construction jobs and 150 permanen t jobs would be createdthrough FutureGen.
In an SIU study showed that duringthe four-year construction there would also be more than $1 billiomn in economic impact statewide and 1,225 indirecty and induced spin-off jobs created as a result of the ripple effect generaterd by FutureGen. Once the facility is operational, the study pointedc out that FutureGen wouldgenerate $135 millionn annually in total statewid economic output, with an $85 million annuall increase in Coles County. It will also creatw an additional 360 indirect andinduced full-time jobs statewide, according to the report.
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