Petra Nova: De-risking Carbon Capture Business Models with Saline Storage
The carbon capture facility Petra Nova has made headlines recently when it stopped capturing CO₂. “Earlier this spring when oil prices fell, we ceased operations at Petra Nova and the delivery of CO₂ to the West Ranch Oil Field,” Chris Rimel, a spokesman of NRG, the company that runs the…
CATF launches Carbon Capture Projects Interactive Map
CATF launches carbon capture projects interactive map on eve of Senate EPW hearing to examine development and deployment of large-scale carbon dioxide management technologies.
Interactive Map of CCUS Projects in Development in the U.S.
The expanded and extended 45Q tax credit for carbon capture, utilization and sequestration (CCUS) projects passed by the U.S. Congress in early 2018 is the most significant carbon capture-specific incentive available, globally, and is spurring the progress of dozens of projects around the country. Other nations that are looking to…
The Status of Carbon Capture Projects in the U.S. (And What They Need to Break Ground)
In February 2018, the U.S. Congress passed the Bipartisan Budget Act, which included the expansion and extension of the 45Q tax credits for carbon capture utilization and storage (CCUS.) The updated incentive was designed to be much more effective in driving new CCUS projects and immediately generated private sector interest….
CCUS in California: Climate Opportunity and Policy Need
Carbon Capture, Utilization and Storage: Four Critical Policy Goals
The Global Carbon Capture and Storage Institute (GCCSI) has just released its latest annual report with some positive news about new projects, but at the same time, presenting a clear-eyed view on how far and how quickly we must proceed if carbon capture, utilization & storage (CCUS) is to play…
The Need for an Adequate Commence Construction Window for 45Q Federal Tax Credits for CCUS
Developing a carbon capture utilization and storage (CCUS) project can take as long as five years and require investments of close to $50 million before construction can begin. To take advantage of the current 45Q tax credit, construction on a CCUS project must commence before January 1, 2024. Despite the…
Leveraging Enhanced Oil Recovery for Large-Scale Saline Storage of CO₂
Leveraging the demand for CO₂ from the Enhanced Oil Recovery (EOR) industry is a critical step to building out a robust ecosystem for large-scale CO₂ storage in saline sites. Frequently asked questions below provide perspective on the role that EOR plays in enabling carbon capture & storage (CCS) technologies to…