Technology:

First Carbon Dioxide Plume Geothermal Power Plant to Open in 2016 (Minnesota Daily)

University of Minnesota researchers have developed a new energy technology that removes carbon dioxide from the air while generating electricity.

Energy firm Heat Mining Company recently bought the rights to the system, called Carbon Dioxide Plume Geothermal technology or CPG.

The new technology is about twice as efficient as traditional methods of generating geothermal electricity, said Martin Saar, the lead researcher on the project and an associate professor in the department of earth sciences,

Kenneth Carpenter, the firm’s managing partner, said Heat Mining Company plans to build its first power plant using the CPG technology in June. He said he expects the technology to expand, and the plant is set to open in early 2016.

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