China's first coal-fired power station employing the integrated gasification combined cycle (IGCC), which is a coal gasification process that turns coal into a gas before burning it, is planned to begin operations in 2009 at Tianjin near Beijing. Developed under a project called GreenGen, this $5.7 bn 650 MW plant will be a joint venture between a group of state-owned enterprises and Peabody Energy.[43] In addition to these coal gasification projects, it is worth noting that on average, China's coal plants work more efficiently than those in the United States, due to their relative youth.[8]