Published by Todd Bush on September 29, 2022
September 29, 2022 08:00 AM Eastern Daylight Time NEW YORK & AUSTIN, Texas--(BUSINESS WIRE)--Ridgewood, NJ based Dastur International, Inc., along with affiliate company Dastur Energy Inc., and Air Liquide have been awarded an important US Department of Energy (US DOE) funded FEED study for the design and engineering of an industrial scale carbon capture plant at Air Liquide's Steam Methane Reformer (SMR) on the US Gulf Coast. The project aims to capture 0.9 mtpa of CO2 with a net carbon capture efficiency of at least 95%, enabling the production of clean or blue hydrogen. The Funding Opportunity is entitled 'fossil energy based production, storage, transport and utilization of hydrogen approaching net zero'. The FEED will be completed over a period of 18 months and the value of the award is approximately USD $7.5 million.
>> In Other News: Air Products to Build Europe's Largest Blue Hydrogen Plant and Strengthens Long-Term Agreement
As the Prime Recipient of the award, Dastur will partner with subrecipients, technology provider Air Liquide E&C Solutions USA and host site Air Liquide Large Industries, to provide a techno-economically efficient and cost-effective solution for the industrial scale decarbonization of hydrogen production. The project will aim to exploit the natural advantages of the US Gulf Coast in terms of availability of natural gas, geological formations for the permanent storage of CO2, availability of CO2 transportation infrastructure, and CO2 demand from downstream customers. The project can be a stepping stone for the US DoE's 1-1-1 Hydrogen Energy Earthshot program, which seeks to reduce the cost of clean hydrogen by 80% to $1 per 1 Kilogram in 1 decade.
The project intends to use Air Liquide's state-of-the-art cryogenic technology, which runs on grid electricity, and will have lower secondary emissions compared to conventional amine-based carbon capture technology. With the increasing penetration of renewables in the grid, and decreasing grid emission intensity, the project will progressively reduce lifecycle CO2 emissions over time.
Atanu Mukherjee, President and Chief Executive Officer of Dastur, said, 'We are happy to receive this award from the US Department of Energy and believe that this project will be important for demonstrating clean hydrogen production from fossil fuels at an industrial scale with superior economics. Decarbonization of the hard-to-abate industrial world and generation of clean energy carriers like hydrogen is key to a net-zero future, and this project will be an important landmark in establishing the US's leadership in this area.'
Along with its partners, Dastur will draw upon its own intellectual property & know-how in gas conditioning, system design & engineering, carbon capture technology & storage and sequestration expertise to engineer a flexible, scalable and cost-effective industrial-scale carbon capture & management solution. A successful & cost-effective industrial-scale solution could serve as a reference for production of blue hydrogen in the US, as well as in other geographies.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Happy New Year from Decarbonfuse! As we wrap up 2025, we want to thank you for being part of the growing Decarbonfuse community. Your engagement and feedback have helped make this platform a trust...
Inside This Issue ๐ธ $213 Per Tonne: Inside the Latest Multi-Pathway CDR Deal ๐๏ธ Clean Energy Technologies Affiliate Vermont Renewable Gas Advances Regulatory Review ๐ง Fusion Fuelโs BrightHy Soluti...
Wishing everyone a restful holiday season.๐๐ ๐ Inside this Issue โ๏ธ Cathay Goes Global With SAF in Three-Continent Fuel Deal ๐งช Proton Ventures Partners With Barents Blue For Realization Of The Bar...
HyOrc Completes Factory Acceptance Test of 500kW ORC Turbine for International Customer
HOUSTON, Dec. 31, 2025 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCID: HYOR), a clean-energy technology company, today announced the successful completion of the Factory Acceptance Test (FAT) for its...
Nova Sustainable Fuels Receives Approval to Produce Sustainable Aviation Fuel in Guysborough County
Nova Sustainable Fuels has received environmental assessment approval for the first phase of a project that will see the company develop a renewable energy park in Goldboro, Guysborough County, whe...
Darling Ingredients Announces Sale of Approximately $50 Million in Production Tax Credits
IRVING, Texas -- Darling Ingredients Inc. (NYSE: DAR) today announced the sale of approximately $50 million of production tax credits to a corporate buyer. These credits were generated under the In...
Aemetis Receives Funds From the Sale of $17 Million of Federal Clean Energy Tax Credits
CUPERTINO, Calif., Dec. 30, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable liquid fuels company focused on lower cost and reduced emissions products, t...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.