Carbon capture and storage
A surge in permit applications for long-term carbon storage sites reflects where industrially produced carbon dioxide can be harvested, and where the necessary pipelines are.
The captured carbon dioxide will be permanently sequestered in the Cameron Parish CO2 Hub to be located offshore Louisiana.
Several projects have been scrapped across the US as inflation causes project costs to soar, while projects in Costa Rica and Rotterdam move forward.
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The project would be built in four phases, with each one producing more than 500 tonnes of hydrogen per day. -
Norwegian energy company Equinor has acquired a 25% stake in the Bayou Bend CCS project from Houston-based Carbonvert.
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Thailand's coal mining giant Banpu said it has signed an agreement to launch a third carbon capture and sequestration project in the US.
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Decades of experience injecting fluids into the ground has revealed a fundamental truth: No two injection sites are the same. A thorough understanding of site-specific conditions is essential to ensure safe and secure long-term subsurface disposal of carbon dioxide.
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The projects are expected to remove more than 2 million metric tons of CO2 emissions annually from the atmosphere.
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Tokyo is seeking partnerships in the UAE to leverage its technologies to produce clean energy for export back to Japan.
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The region stands to benefit from TotalEnergies’ experience as a partner in Norway’s Northern Lights CCS development to decarbonize industrial operations in northern Europe. The first injection of carbon dioxide at Northern Lights is expected in 2024.
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Because the basics of CCS and CCUS are mostly familiar to a large part of the readership, I am choosing to bring to your attention the summary of those articles that are devoted to approaches other than or beyond CCS, even if they have to climb further on the development ladder. These include bio-based approaches, geothermal, and use of hydrogen as a substitute fuel.
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A decade ago, SPE defined key R&D and technology challenges for the industry. To address the more uncertain environment of the 2020s and beyond, we have updated the grand challenges via a January 2023 SPE workshop.
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Under the new agreement, ExxonMobil will capture, transport, and store carbon from Nucor’s direct reduced iron plant in Louisiana.
