October 31, 2024
BY Monte Markley & Charles Hostetler
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We need to apply circular economy principles to accelerate CO2 storage
A case study examining how industrial collaboration can decarbonize the Midwest region
Air Liquide and Cementir launched a joint decarbonization project, named ACCSION. Located in Aalborg, Denmark, ACCSION will be one of the first full onshore Carbon Capture and Storage (CCS) value chains in Europe. Air Liquide and Cementir Holding Group’s project ACCSION has been selected by the European Commission to receive 220 million euros in project support under the European Union (EU) Innovation Fund.
Altera Infrastructure announced that the STARFISH project, a part of Altera Infrastructure’s broader Stella Maris CCS initiative, has been awarded up to EUR 225 million in grant funding by the European Union (EU) Innovation Fund.
Senator John Hoeven announced that the U.S. Department of Energy (DOE) has awarded more than $48.6 million in support of Project Tundra, a carbon capture, utilization and storage (CCUS) effort led by Minnkota Power Cooperative. The funding is being awarded to the DCC East Project in Grand Forks.