H2 and Carbon Capture Newsletter #4 | October 13, 2021

October 13, 2021
Newsletter

History in the making?

We all remember major historical events, the fall of the Berlin Wall, introduction of the iPhone, operational and technical breakthrough of fracking.

Carbon Capture Sequestration (CCS) history is being made right now with multiple billion dollar projects. In a few short years these projects have gone from concept to reality. We are witnessing a major shift in how we deal with CO2 emissions.

Dow building a net zero cracker

Dow announced a 1.8 million MT per year ethylene cracker to be operational in 2027, will achieve net-zero emissions. It will be constructed on Dow’s site in Alberta Canada and also include CCS for the entire site by 2029.

Dow will leverage the existing Alberta Carbon Trunk Line infrastructure to move the captured CO2 to nearby oil fields for EOR.

ExxonMobil CCS new partners

ExxonMobil’s Houston area CCS project is massive, targeting 50 million MT CO2 by 2030 and 100 million MT by 2040 with a cost estimate of $100 billion. The project has now gathered 11 participating companies. More wil certainly join the in the coming months.

BioEthanol CCS projects

BioEthanol is produced from agricultural products such as corn. It is blended with gasoline to reduce tailpipe emissions and demand for gasoline.

Bio-ethanol production releases large quantities of CO2. Two major projects, one supported by Summit Carbon Solutions (a speaker at the November 11 2021 Conference seek to capture the CO2 and sequester it underground.

The Summit Carbon Solutions project will be commissioned in 2024, capturing CO2 from 31 BioEthanol plants covering 5 states, with capacity for 12 million MT of CO2 annually.