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Drax to launch US-based business focused on large-scale carbon removals

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By Drax Group plc

January 26, 2024

Carbon Capture 

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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Deep Sky and Skyrenu have partnered to deploy carbon removal technology in Canada. As part of its partnership with Deep Sky, Skyrenu will deliver and install a DAC unit with the capacity to remove 50 tonnes of carbon dioxide per year.

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8 Rivers Capital, LLC announced it is developing the Cormorant Clean Energy Project, an ultra-low-carbon ammonia production facility in Port Arthur, Texas. The Cormorant project will be powered by 8 Rivers’ proprietary 8RH2 hydrogen process, representing the first commercial deployment of the technology.

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Essar Oil UK announced the selection of the final key licensor technology provider, Elessent Clean Technologies’ BELCO® gas cleaning technology for the planned EET Industrial Carbon Capture facility based at Stanlow, UK.

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CGG, a global technology and HPC leader, and C-Questra, an independent European operator specializing in the CO2 storage value chain, have signed a commercial cooperation agreement in carbon capture, utilization, and sequestration (CCUS).

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Parallel Carbon announced that they closed a $3.6 million Seed funding round amidst COP28. The financing backs Parallel Carbon’s groundbreaking process of utilizing renewable energy for clean hydrogen production while pulling carbon dioxide from the atmosphere.

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ADNOC announced it has taken a 10.1% equity stake in Storegga to become a lead investor in the UK-based company that focuses on the development of global carbon capture and storage (CCS) projects. 

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TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Petrobras to deliver the Mero 3 HISEP® project, which uses subsea processing to capture carbon dioxide-rich dense gases and then inject them into the reservoir.

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