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Project STARFISH awarded EUR 225M from EU Innovation Fund

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By Altera Infrastructure

October 30, 2024

StorageCapture

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.

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A new type of absorbing material developed by chemists at the University of California, Berkeley, could help get the world to negative emissions. The porous material — a covalent organic framework — captures CO2 from ambient air without degradation by water or other contaminants, one of the limitations of existing direct air capture (DAC) technologies.

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Carbon Clean announced the launch of its breakthrough CycloneCC C1 series, marking the penultimate stage in the technology’s commercialization. The CycloneCC C1 unit is fully modular and columnless, achieving a height reduction of 70% compared to conventional solutions.

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Membrane Technology and Research (MTR) Carbon Capture announced the mechanical completion of a carbon capture plant at the Wyoming Integrated Test Center (ITC) in Gillette, Wyoming. The plant will capture up to 150 tons of CO₂ per day from Basin Electric’s Dry Fork Station (DFS) coal fired power plant, producing 99.9%+ pure liquid CO₂ with a 90% capture rate.

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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.

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Holcim has been selected for a new grant from the European Union (EU) Innovation Fund for its breakthrough carbon capture and storage project in Martres-Tolosane, France. This grant for the CarboClearTech project brings the number of Holcim’s large-scale EU-supported carbon capture, utilization and storage (CCUS) projects to seven, advancing the European Green Deal.

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Embarking on a Carbon Capture, Utilization, and Storage (CCUS) project is a significant step towards environmental stewardship and regulatory compliance.

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Johnson Matthey and Noya have established a partnership to manufacture Noya’s proprietary sorbent, the filter at the heart of its cutting-edge direct air capture approach. The Noya system provides clean water and grid services alongside high-quality carbon removal credits, which enable industry leaders like Shopify to meet their ambitious sustainability goals – related to both carbon and water.

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Cool Planet Technologies Limited announced that the Company has successfully raised €23.7 million in a Series A2 funding round. The investment has been provided by industrial investors, further validating the appeal of our compact, low-energy and low-cost membrane-based carbon capture solution.

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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.

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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.

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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.

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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.

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GE Vernova Inc announced the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management released the official findings of the GE Vernova-led front-end engineering design (FEED) study, “Retrofittable Advanced Combined-Cycle Integration for Flexible Decarbonized Generation.”

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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.

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Mission Zero Technologies, the startup behind the UK’s first commercial direct air capture (DAC) plant, begin the process of deployment with the delivery and installation of its third modular system at partner Deep Sky’s carbon removal innovation and commercialization center, Deep Sky Labs, in Innisfail, Alberta, Canada.

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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.

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To fast-track the commercialization of Direct Ocean Capture (DOC) technology, Captura is advancing research, development, and demonstration (RD&D) efforts in Los Angeles and Hawaii. This expansion aims to accelerate the completion of a piloting program and ready the technology for deployment in large-scale commercial plants.

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JSW Steel, Carbon Clean, and BHP are collaborating to accelerate deployment of carbon capture technology for steelmaking decarbonization, following the signing of a joint study agreement between the parties. Under this agreement, the parties will commence joint studies to explore the feasibility of Carbon Clean’s CycloneCC modular technology to capture up to 100,000 tons per year of CO2 emissions – the largest scale CycloneCC deployment to date in steelmaking.

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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.

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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.

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DOE Invests $29M to Reduce Carbon Emissions

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By U.S. Department of Energy

October 16, 2024

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. 

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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.

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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.

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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.

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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.

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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.

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Carbon Capture & Commercialization Inc. (CC&C) announced the successful patent approval of its revolutionary Direct Air Carbon Capture (DACC) technology, granted in an unprecedented six weeks through the U.S. Patent Office’s Track One application process. This achievement not only validates the strength of CC&C’s innovation but also positions the company to expedite commercialization and address the urgent global need for effective carbon removal solutions.

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Mitsubishi Heavy Industries Compressor International Corporation (MCO-I) has announced the successful delivery of a state-of-the-art CO2 product compressor package for ExxonMobil’s carbon capture and storage (CCS) expansion project in LaBarge, Wyoming.

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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.

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