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Verde highlights carbon capture potential for 2024

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January 31, 2024

Project Development 

Verde AgriTech announced its preliminary and unaudited results for the period ending December 31, 2023 and its 2024 guidance, targeting sales of 800,000 tons of its multinutrient potassium products, and a carbon dioxide removal (“CDR”) potential of 38,300 tons of CO2.

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Elkem, a leading producer of advanced silicon-based materials, has completed its first pilot for carbon capture and storage (CCS) at its plant in Rana, Norway. The pilot recorded high capture rates of CO2, up to 95%, indicating technical viability of CCS in smelters.

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Heimdal will co-locate its debut DAC facility, Project Bantam, onsite at CapturePoint's Oklahoma Carbon Hub in Osage and Kay Counties, Oklahoma, where CapturePoint affiliate CapturePoint Solutions LLC is developing a deep underground carbon storage center.

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In a major step forward for the future of agriculture and biofuels, POET and Summit Carbon Solutions announced a groundbreaking partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project.

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49 projects across 21 atates and a new funding opportunity will help advance next-generation technologies to significantly cut emissions and support President Biden’s efforts to build a clean energy economy.

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The new SAF market is potentially massive according to a new study unveiled today by Decision Innovation Solutions (DIS), Iowa’s premier agricultural economic firm. The study found fully maximizing the potential of the SAF production in Iowa will have a generation impact.

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Biomass Magazine has announced the general session speakers for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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Global renewable energy company Drax Group plc has announced that it plans to establish a new independent business unit that will focus on becoming the global leader in delivering large-scale and high-integrity carbon removals.

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Babcock & Wilcox and Black Hills Energy announced that the companies have received a $16 million grant from the Wyoming Energy Authority to fund the permitting, engineering and development activities for a clean hydrogen generation facility with CO2 capture and sequestration at Black Hills Energy’s Neil Simpson Power Plant in Gillette, Wyo.

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Glacial Lakes Energy joins American Carbon Alliance

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By American Carbon Alliance

January 24, 2024

The American Carbon Alliance (ACA) announced that Glacial Lakes Energy (GLE), has joined as members of the ACA.

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SAF Magazine, in collaboration with CAAFI, has announced the addition of an extra day to the 2024 North American SAF Conference & Expo. The event will now take place Sept. 11-13, 2024, in St. Paul, Minnesota, at the St. Paul RiverCentre.

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Carbon America has submitted a Class VI CO2 Injection Well permit application to the Environmental Protection Agency’s (EPA) Region 8 office to permanently store carbon dioxide produced by two ethanol plants in northeastern Colorado. The application was submitted on December 4th, 2023, made it through the completeness determination on January 7th, 2024, and is now in the technical review phase.

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Aker Carbon Capture and MAN Energy Solutions have signed a Memorandum of Understanding to jointly pursue opportunities related to carbon capture, utilization and storage (CCUS) and CO2 compression in the North American market.

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Expro Group Holdings has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project.

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Concrete4Change has raised £2.5 million in seed funding. The round was led by Zacua Ventures, an early-stage venture fund focused on the built environment and Counteract, a carbon removals focused venture fund, with participation from the family office of Goldbeck.

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Carbon Upcycling Technologies Inc. has been named to Cleantech Group's 2024 Global Cleantech 100. The report selected companies from more than 25,000 nominations to showcase innovators with the most outstanding technologies, original business models, and bold plans that can enable us to act on the ever-increasing climate crisis and reduce emissions drastically ahead of critical global climate targets.

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Captura announced it expanded its Series A funding round to raise an additional US$21.5 million to commercialize its Direct Ocean Capture (DOC) technology that harnesses the power of the ocean to absorb carbon dioxide (CO2) from the atmosphere.

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The carbon capture and storage (CCS) facility at SaskPower's Boundary Dam Power Station came close to having a record-breaking year in 2023.

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Speaking after visits to CCS Teesside and Humberside regions, Ofgem CEO Jonathan Brearley said decarbonising heavy industry, like steel, cement and refineries, hydrogen production and power plants needed a new generation of clean jobs.

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Mitsubishi Heavy Industries, Ltd. (MHI) agreed with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power plant in Hyogo, Japan.

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SDTR Marine and DNV entered a Joint Development Project (JDP) to conduct a Carbon Capture and Storage (CCS) feasibility study for our 85,000 DWT Kamsarmax bulk carrier.

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Summit Carbon Solutions, the developer of a large-scale carbon capture, transport, and sequestration project, announced the appointment of Lisa Cummins Cohen as the company’s new Chief Financial Officer.

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The Secretary of State for Energy Security and Net Zero has approved the Development Consent Order for Drax Power Limited’s plans to convert two of its biomass units at Drax Power Station to the carbon removals technology bioenergy with carbon capture and storage (BECCS).

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McDermott has been awarded an offshore contract from Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) for the Kasawari Carbon Capture and Storage project, located offshore Sarawak in East Malaysia.

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Block Energy, the development and production company focused on Georgia, announced a study identifying a Carbon Capture and Storage opportunity within the Company's Block XIB with the potential to support a major net-zero CO2 industrial hub.

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1PointFive and Trafigura announced that Trafigura has agreed to purchase carbon dioxide removal (CDR) credits to be produced from 1PointFive’s first industrial-scale Direct Air Capture (DAC) facility, STRATOS, which is currently under construction in Texas.

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Capture6 announced the signing of a Memorandum of Understanding with K-water and BKT to develop a pilot facility in South Korea. The partners agreed to use K-water’s desalination facility and technologies of Capture6 and BKT to capture CO₂, recover freshwater, minimize brine discharge, and extract green chemicals.

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Capsol Technologies has been awarded a feasibility study for the CapsolEoP® (end-of-pipe) carbon capture technology at SCHWENK’s Building Material Group’s Brocēni cement plant in Latvia.

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Chevron Singapore Pte Ltd, Keppel, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore, and Pavilion Energy have signed a Memorandum of Understanding to collaborate on lower carbon opportunities to support Singapore’s aspiration of achieving net-zero emissions by 2050.

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Ethanol Producer Magazine and BBI International announced that they are now accepting speaker presentation proposals for the 2024 International Fuel Ethanol Workshop & Expo. The event will be held June 10-12, 2024, in Minneapolis, Minnesota.

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