The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced more than $518 million to support 23 selected projects across 19 states that will fight climate change by developing the infrastructure needed for national decarbonization.
California Resources Corporation (CRC) and its carbon management business, Carbon TerraVault, announced the Kern County Board of Supervisors’ unanimous approval of the conditional use permit for the Carbon TerraVault I (CTV I) carbon capture and storage project. This permit authorizes the construction activities necessary for the development of the project, which would be the first of its kind in California.
INPEX CORPORATION announced it has signed an agreement with Chubu Electric Power Co., Inc. through its subsidiary INPEX Browse E&P Pty Ltd to conduct a joint study to assess the feasibility of establishing a Carbon Capture and Storage (CCS) value chain involving the capture of CO2 in Japan and its transportation from the Port of Nagoya in Aichi Prefecture to Australia for storage.
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced more than $58.5 million in federal funding for 11 projects to help develop a commercially viable carbon dioxide removal industry in the United States. The funding will support pilot projects and testing facilities to demonstrate and scale carbon dioxide removal technologies that reduce CO2 pollution by removing it directly from the atmosphere.
Mitsui O.S.K. Lines, Ltd. (MOL) announced that it will be contracted by West Japan Carbon dioxide Storage Survey Co., Ltd., ENEOS Corporation, Electric Power Development Co., Ltd., and JX Nippon Oil & Gas Exploration Corporation to study the use of ships to transport liquefied CO2 as part of a carbon capture and storage (CCS) development project off western Kyushu.
Japan Petroleum Exploration Co., Ltd. (JAPEX), Idemitsu Kosan Co., Ltd. (Idemitsu), and Hokkaido Electric Power Co., Inc. (HEPCO) signed a contract with Japan Organization for Metals and Energy Security for an engineering design work of CCS in the Tomakomai area, which is one of the public solicitations regarding the Request for Proposal on the "Engineering Design Work for Advanced CCS Projects" in the fiscal year 2024.
Gov. Doug Burgum led a North Dakota delegation on the first day of a trade and investment mission to South Korea, signing a memorandum of understanding (MOU) between the state of North Dakota and the Korea Institute of Energy Research (KIER) to establish a partnership and promote discussions in energy technology research and development.
Speaking at Wood Mackenzie’s Carbon Capture, Utilization and Storage Conference in Houston, Peter Findlay, research director and head of CCUS economics for Wood Mackenzie, said that despite a growing market for carbon capture, utilization and storage (CCUS), economics remain challenging, and many potential projects are at risk.
Exxon Mobil Corporation has executed the largest offshore carbon dioxide (CO2) storage lease in the U.S. with the Texas General Land Office. The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage (CCS) leader.
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management announced $29 million for 12 research and development projects to fund two carbon management priorities—the conversion of carbon dioxide (CO2) into environmentally responsible and economically valuable products and the development of lower-cost, highly efficient technologies to capture CO2 from industrial sources and power plants for permanent storage or conversion.
The Danish Energy Agency is now publishing the final tender material for the CCS (Carbon Capture and Storage) pool. The pool is designed with a view ensuring maximum competition for the funds in order to obtain the greatest possible CO₂ reduction at the lowest possible price.
Evero confirmed that its two BECCS (Bio Energy with Carbon Capture and Storage) projects have both passed the “deliverability assessment” in the UK Government’s Hynet Track 1 expansion process. This lays the foundation for the delivery of two world class, large volume Greenhouse Gas Removals facilities operational by 2030.
Rushnu, a carbon capture and green chemical production company based at Daybreak Labs in Livermore, CA, has signed two pilot host agreements with Silicon Valley Clean Water and the City of Livermore. Rushnu's CarbonCatalyze™ Technology is one of the first to integrate carbon capture with green chemical production. It captures CO₂ from biogas and converts it into chemicals used for water treatment, significantly reducing the carbon footprint of both plants.
Colorado School of Mines and Carbon TerraVault Holdings, LLC announced the award of $8.9 million from the U.S. Department of Energy (DOE) for a Carbon Storage Assurance Facility Enterprise (CarbonSAFE) project in California.
The UK government announced it has reached commercial agreement with industry, and funding to launch carbon capture in the UK. Major funding for 2 carbon capture sites will inject growth into the industrial heartlands of the North West and North East of England – directly creating 4,000 jobs and supporting 50,000 jobs in the long-term while powering up the rest of the country.
Milestone Carbon announced that its Class VI CO2 injection well permit application for a carbon hub in the Delaware Basin of West Texas has been deemed administratively complete by the Environmental Protection Agency. Additionally, a Monitoring, Reporting, and Verification Plan, which is required for permanent geologic storage of CO2, has been filed for the same hub with the EPA.
Heidelberg Materials has started a feasibility study for a decarbonisation project at its Rezzato Mazzano cement plant in the province of Brescia, which could become the first plant in Italy to produce carbon captured net-zero cement and concrete.
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) issued a Notice of Intent to fund up to $1.3 billion to catalyze investments in transformative carbon capture, utilization, and storage (CCUS) technologies.
TotalEnergies and its partners, Equinor and Shell, announced the completion of the CO2 receiving and storage facilities of Northern Lights Joint-Venture in Norway. The facilities consist in a terminal that will receive CO2 cargos, a 100 km subsea pipeline for CO2 transportation to the offshore storage location, and subsea injection facilities for safe and permanent CO2 storage in a reservoir 2,600 meters below the seabed.
Technology group Wärtsilä has been contracted to supply its latest carbon capture and storage-ready scrubber systems for three container ships owned by German operator Leonhardt & Blumberg. A CCS-Ready solution will assure Leonhardt & Blumberg that it has continued regulatory compliance for SOx emissions today and opens the door to a smooth CCS system adoption in the future.
Votorantim Cimentos will develop CO2 capture technologies in its cement plants and Enagás will study solutions for its transport, liquefaction, storage and loading onto vessels at its regasification terminals, located in the area of influence of Votorantim Cimentos' plants.
Crescent Midstream has been selected to work on a project that would develop an integrated CCS project in Lake Charles, Louisiana capable of capturing, transporting, and permanently storing CO2 emitted from an Entergy Louisiana-owned natural gas-fueled power plant. It is expected to capture up to three million tons of CO2 per year that would otherwise be emitted on the Louisiana Gulf Coast.
Baker Hughes, an energy technology company, announced the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital platform for CCUS (carbon capture, utilization, and storage) operations that provides comprehensive support, regulatory reporting, and operational risk management.
enfinium announced it has successfully launched the UK’s first carbon capture pilot at an energy from waste site. The launch is a milestone for the sector and for enfinium’s plans to deploy Carbon Capture and Storage (CCS) technology across its UK facilities to generate carbon removals at scale and support the UK’s Net Zero target.
enfinium is targeting decarbonization in the waste sector by developing five decarbonization hubs at its facilities across the UK, diverting waste from landfill to generate homegrown energy and doing so in a way that helps to meet net zero targets.
The Washington State Department of Commerce announced 46 grants funded by the Washington Climate Commitment Act with additional state funding to boost clean energy technology innovation and support clean energy planning, design and construction projects throughout the state.
Aquaterra Energy announced the launch of its legacy well re-entry and re-abandonment services along with its new patent-pending Recoverable Abandonment Frame (RAF). The combined solution will address challenges in locating, re-entering and re-abandoning legacy wells that penetrate, or pass through, offshore oil and gas reservoirs or saline aquifers that have been earmarked to be repurposed for carbon dioxide (CO2) or hydrogen storage.
Babcock & Wilcox (B&W) announced that it has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s planned waste-to-energy with carbon capture and sequestration (CCS) project in Alberta, Canada.
Harvestone Low Carbon Partners (HCLP) announced that it closed a first-of-its kind tax equity financing with Bank of America. The transaction is associated with HLCP’s wholly owned subsidiary, Blue Flint Ethanol and associated Blue Flint companies, located near Underwood, North Dakota, which together, are generating, capturing, and sequestering biogenic carbon dioxide (CO2).
Eni and Snam, within the framework of the equal Joint Venture set up for the purpose, announced the commencement of CO2 injection activities in the reservoir for Phase 1 of Ravenna CCS. Designed to support industrial decarbonization, Ravenna CCS is the first project for the capture, transport and permanent storage of CO₂ in Italy created for exclusively environmental purposes.
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