November 15, 2023
BY Summit Carbon Solutions
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MODEC has received Approval in Principle from the American Bureau of Shipping for its Floating Storage and Injection Unit (FSIU), designed to handle liquid CO₂ at sea. The unit can receive, store, and inject up to 10 million tonnes of CO₂ annually into subsea reservoirs, eliminating the need for onshore storage and pipelines.
Babcock’s LGE business has secured Approval in Principle from Lloyd’s Register for its ecoCPTR® onboard carbon capture system. The technology combines Aqualung’s facilitated transport membrane capture with Babcock’s ecoCO2® system, offering a compact, modular solution for both new and retrofitted vessels.
Capsol Technologies has been awarded a feasibility study for a European Bioenergy with Carbon Capture and Storage (BECCS) project. The biomass-fired combined heat-and-power plant under evaluation could remove more than 200,000 tonnes of CO₂ annually while supplying renewable heat to local communities.
PTTEP has reached a final investment decision on Thailand’s first carbon capture and storage project at the Arthit gas field. With operations expected to start in 2028, the project will capture and store up to 1 million tonnes of CO₂ annually while aligning with the nation’s Net Zero targets.
The U.S. EPA is seeking public comment on a draft permit for Marquis Carbon Injection LLC to store CO₂ underground in Putnam County, Illinois. The project would allow injection of up to 1.5 million metric tons annually over six years, with long-term monitoring to ensure safe sequestration and protection of drinking water.