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Former FERC Chairman Neil Chatterjee Joins Board of CarbonCapture Inc.

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By CarbonCapture Inc.

March 28, 2024

Capture

CarbonCapture announced the appointment of Neil Chatterjee to its Board of Directors. Mr. Chatterjee is a former Commissioner and Chairman of the Federal Energy Regulatory Commission (FERC) and has deep ties in Washington and across the industry,

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Climeworks and the LEGO Group entered a 9-year agreement to permanently remove CO₂ from the air. The USD 2.4M agreement means carbon removal will become part of the broad portfolio of initiatives the LEGO Group is putting in place to accelerate towards net zero. KIRKBI also signed a USD 405,000 long-term agreement to secure Climeworks’ high-quality carbon removal services.

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Aker Carbon Capture and CO280 Solutions, have signed a Memorandum of Understanding to collaborate on the development of large-scale Carbon Dioxide Removal (CDR) projects beginning in the US and Canada pulp and paper industry that will deliver permanent, verifiable, affordable carbon removals.

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Tenaska officially announced the Longleaf CCS Hub, a carbon capture and storage (CCS) project planned for Mobile County. The facility will provide an innovative business solution to assist manufacturers, power plants, industrial processors and other industries in South Alabama in meeting emissions regulations and climate mandates.

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Celanese Corporation announced that the International Sustainability and Carbon Certification (ISCC) has certified its Low Carbon CCU (carbon capture and utilization) Methanol under the ISCC Carbon Footprint Certification (CFC) system. The newly certified Low Carbon CCU Methanol demonstrates a greater than 70% reduction in carbon footprint relative to a global average benchmark for fossil-based methanol production.

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Net Zero Teesside Power and the Northern Endurance Partnership have selected contractors for engineering, procurement, and construction contracts with a combined value of around £4bn.

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enfinium announced a significant step in its mission to decarbonize the UK’s unrecyclable waste by signing an agreement with global green technology company Hitachi Zosen Inova to install the UK’s first carbon capture pilot plant at an energy from waste facility.

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JX Nippon announced that it has signed a Memorandum of Understanding that provides a framework for evaluating the export of carbon dioxide from Japan to Carbon dioxide Capture and Storage (CCS) projects in Australia and other countries in the Asia-Pacific region.

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Talos Energy Inc. announced that it has entered into an agreement for the sale of its wholly owned subsidiary, Talos Low Carbon Solutions LLC, to TotalEnergies E&P USA, Inc. for a purchase price of $125 million plus customary reimbursements, adjustments and retention of cash, combined totaling approximately $148 million.

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Saipem has signed a Letter of Intent stating that the company has been selected for the award of the Northern Endurance Partnership and Net Zero Teesside Power projects. The two projects are related to the development of CO2 offshore transportation and storage facilities to the East Coast Cluster in the United Kingdom.

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The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management issued a notice of intent to launch a Voluntary Carbon Dioxide Removal Purchasing Challenge. The Challenge will call on external organizations to join DOE in purchasing high-quality carbon dioxide removal credits.

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The DMX™ process demonstration pilot has been operating in stable conditions since April 2023 to capture the CO2 present in blast furnace gases emitted during steel production at ArcelorMittal’s Dunkirk site. Results obtained since April 2023 are in line with expectations for the technology and confirm, even at this early stage, the efficiency and energy performance of DMX™ technology.

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Spirit Energy has reached a major milestone for its Morecambe Net Zero (MNZ) project with the successful securing of a seismic survey vessel to undertake a scope of work in the East Irish Sea as the company continues its journey to net zero.

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Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a license agreement with Kellogg Brown & Root, Ltd. to provide CO2 capture technology for a low carbon hydrogen production plant being established in Cheshire in northwest England.

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Alto Ingredients, Inc. announced that it has entered into an exclusive nonbinding letter of intent and is nearing the execution of definitive agreements to develop a carbon capture and storage (CCS) project with Vault 44.01 at Alto’s Pekin campus in Pekin, IL.

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Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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LIBERTY Steel announced that its Hartlepool pipes division has been selected for a major contract to supply pipelines to the key UK energy infrastructure development by Northern Endurance Partnership and Net Zero Teesside Power making significant cuts to UK carbon emissions.

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Heidelberg Materials will unveil another CCUS project at its Airvault cement plant in the French New Aquitaine Region. The AirvaultGOCO₂ project, with a planned capture capacity of approx. 1 million tonnes annually, is part of the GOCO₂ initiative to decarbonise the West of France.

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JX Nippon, ENEOS Corporation, Mitsubishi Corporation, and PETRONAS CCS Solutions Sdn Bhd("PCCSS”), have signed a Memorandum of Understanding to jointly study CCS and the establishment of potential CCS value chains from CO2 capture and accumulation in Tokyo Bay, shipping, and CO2 storage in Malaysia.

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Greenlyte Carbon Technologies, a leading European Direct Air Capture start-up, has announced the closing of a €10.5m pre-series A round. The company has now raised over €20m since its inception 18 months ago, equity and grants combined.

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WHOI receives $25M for Ocean-based Climate Solutions

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By Woods Hole Oceanographic Institution

March 06, 2024

The Woods Hole Oceanographic Institution (WHOI) announced a $25 million gift to support ocean-based climate solutions from the chair of the Institution’s board of trustees, Paul Salem.

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Cemex has developed an innovative process called micronization, designed to decrease CO2 emissions in cement production by reducing the size of clinker particles.

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Over the next 18 months, a multidisciplinary team of researchers and technology-scaling experts from the UCLA institute and Equatic will set out to build the world’s largest ocean-based CO2-removal plant in Tuas, in western Singapore.

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Weyerhaeuser Company and Lapis Energy LP announced the execution of an exclusive exploration agreement for subsurface carbon dioxide sequestration in Arkansas, Louisiana and Mississippi.

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Summit Carbon Solutions announced on March 4 that Valero, the world’s second-largest corn ethanol producer and a leader in low-carbon transportation fuels production, will be a shipper on Summit’s pipeline.

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Drax has become the latest founder member of the University of Sheffield’s newly-launched Energy Innovation Centre. The new partnership will drive forward research into next-generation carbon capture technology, including innovations in BECCS.

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Dotz Nano Limited announced it will sponsor a  Level 1 American Depositary Receipts program to increase Dotz’s exposure and appeal to North American investors and partners. The Bank of New York Mellon has been appointed depositary bank for the program.

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EnLink Midstream, LLC announced that ExxonMobil and EnLink are exploring opportunities for EnLink to support ExxonMobil's carbon capture and sequestration efforts beyond the southeast Louisiana Mississippi River Corridor into several additional Gulf Coast areas.

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The Global Cement and Concrete Association (GCCA) has launched Innovandi Open Challenge 2024 which brings together tech start-ups and leading manufacturers in the pursuit of net zero. Applications are being encouraged from start-ups from around the world, interested in working on the development of carbon capture use and storage, for low carbon cement and concrete.

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CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market.

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