Embarking on a Carbon Capture, Utilization, and Storage (CCUS) project is a significant step towards environmental stewardship and regulatory compliance.
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.
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.
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.
Oxylus Energy, developer of a novel carbon utilization technology for the production of e-fuels, announced the close of its $4.5 million Series Seed investment co-led by Toyota Ventures and Azolla Ventures with participation from Earth Foundry and Connecticut Innovations. Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol, a liquid fuel.
The Vietnam Petroleum Institute has commissioned Black & Veatch to study carbon-cutting technologies at three coal-fired power plants owned by Vietnam Oil and Gas Group. The study’s objective is to investigate the current carbon capture technology landscape and evaluate the feasibility and effectiveness of applying that technology to the flue gas from the coal-fired power plants.
Enhancing Indonesia’s CCUS and CCS capabilities, BP Berau Ltd (bp) – as the operator of TangguhProduction Sharing Contract -- and Bandung Institute of Technology signed a Cooperation Agreement to advance research and development of carbon capture, utilization and storage.
Sora Fuel, a startup producing sustainable aviation fuel using only water, air and renewable energy, announced it has raised an oversubscribed $6 million seed round. The funding will be used to expand Sora Fuel’s Boston-based team, develop commercialization partnerships and further advance the company’s novel technology.
On July 31st in Anchorage Alaska Governor Mike Dunleavy signed three energy bills into law, one being HB 50. This will create a regulatory framework for the State of Alaska to utilize its geologic resources for carbon capture, utilization and storage.
Methanex Corporation and Entropy Inc. have entered into an agreement to invest in a Preliminary Front-End Engineering and Design study for carbon capture, utilization and sequestration (“CCUS”) deployment at Methanex’s Medicine Hat, Alberta facility.
DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specializing in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues. Carbon8’s patented technology permanently captures CO2 at source from hard-to-abate industries and DNV has verified that Carbon8’s methodology satisfies the ISO 14064 part 2 standard.
Enerflex and BASF have entered into a memorandum of understanding to jointly facilitate the commercial scale deployment of carbon capture, utilization and storage (CCUS) applications.
Lafarge Canada Inc. and Canadian carbon technology innovator Hyperion Global Energy Corp. announced the launch of Hyperion’s patented Tandem Carbon Recycling System© pilot.
Researchers from the National University of Singapore (NUS) have developed a novel technique that significantly advances the conversion of waste carbon dioxide (CO2) into value-added chemicals and fuels.
TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) signed a strategic cooperation agreement to deepen their collaboration, notably in low-carbon energies. In particular, the two companies plan to combine their R&D expertise in biofuels, green hydrogen, CCUS and decarbonization.
Veolia has partnered with UK biotechnology startup, FabricNano, to apply enzymes to rocks to trial faster, permanent carbon dioxide removal directly from the atmosphere. With this world-first trial pairing biology with geology to accelerate rock weathering for carbon sequestration, Veolia aims to reduce the energy consumption, emissions and timescales for carbon removal by utilizing enzymes to accelerate the natural weathering process.
Wyoming Hydrogen and Carbon Capture Project Utilizes Cutting-Edge Technology to Generate Clean Energy and Preserve Jobs
Transitioning to net-zero emissions presents formidable challenges, particularly in the context of existing energy infrastructure.
OMV Petrom will test a new carbon capture and utilization technology at the Petrobrazi refinery, starting June. The tests are part of a demonstration campaign carried out in three countries - Denmark, Romania and Greece, within an innovation project financed with European funds - ConsenCUS.
Carbon Upcycling Technologies, Inc. announced the first delivery in 2024 of 200 tonnes of CO₂-enhanced fly ash to BURNCO Rock Products, Ltd, a leading supplier of construction materials, as part of a groundbreaking initiative to deploy low-carbon concrete in the City of Calgary.
Heidelberg Materials North America announces a new Front End Engineering Design contract as it continues working to select the carbon capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage (CCUS) Project.
Australian clean technology developer MCi Carbon held a foundation ceremony on April 10 for its carbon capture and utilization plant ‘Myrtle’, currently under construction at Orica’s Kooragang Island site. The plant is aimed at scaling up the development and demonstration of an engineering process called mineral carbonation, which transforms captured CO2 emissions into building products and other valuable materials.
UCLA’s research team is once again at the NCCC to expand on its initial product testing. In addition to the concrete masonry units (CMU) that were successfully demonstrated in 2021, two more use cases – segmental retaining wall (SRW) and concrete manhole (CM) products – will be demonstrated.
Amber Grid, the Lithuanian gas transmission system operator, commissioned by the Ministry of Energy, has carried out an assessment analysis of green technologies for CO2 (biogenic carbon dioxide) capture and use in Lithuania.
Celanese Corporation announced that the International Sustainability and Carbon Certification (ISCC) has certified its Low Carbon CCU (carbon capture and utilization) Methanol under the ISCC Carbon Footprint Certification (CFC) system. The newly certified Low Carbon CCU Methanol demonstrates a greater than 70% reduction in carbon footprint relative to a global average benchmark for fossil-based methanol production.
Heidelberg Materials will unveil another CCUS project at its Airvault cement plant in the French New Aquitaine Region. The AirvaultGOCO₂ project, with a planned capture capacity of approx. 1 million tonnes annually, is part of the GOCO₂ initiative to decarbonise the West of France.
The Global Cement and Concrete Association (GCCA) has launched Innovandi Open Challenge 2024 which brings together tech start-ups and leading manufacturers in the pursuit of net zero. Applications are being encouraged from start-ups from around the world, interested in working on the development of carbon capture use and storage, for low carbon cement and concrete.
CGG has announced the release of a Southeast Asia Carbon Storage Study to support and accelerate the screening process for all players in the region’s fast-growing CCUS market.
Celanese Corporation announced it has been approved by the U.S. Department of Energy (DOE)’s Office of Fossil Energy and Carbon Management as a Utilization Procurement Grants (UPGrants) vendor. Celanese is now the only producer offering low-carbon acetic acid under the ECO-CC product name.
The University of Kentucky Center for Applied Energy (CAER) Cementitious Materials Group develops and tests cements and concretes, seeking more environmentally friendly solutions for the future. CAER’s researchers are exploring a new way to utilize CO2 to improve the performance of cement and concrete.
Advertisement
@ Copyright 2025 - BBI International - All rights reserved.