Published by Todd Bush on December 29, 2022
Not all CO2 is created equal. Power generation, cement production, steel processes, natural gas processing, and other industrial processes produce different concentration and quality of CO2.
The level of concentration and purity play an important role in the cost of the capture phase for CCUS.
Furthermore, capturing and storing CO2 isn't cost-effective without tax incentives!
>> In Other News: AIT Worldwide Logistics Signs The Climate Pledge
Storing CO2 underground requires injection well permits.
To operate your CCUS facility, one of the relevant permissions you need to obtain is an environmental permit from the EPA or a state that has primacy over Class VI wells. There are only two right now from the EPA.
The permit depends on the type and scale of the carbon capture activity, the scale of activity from which the carbon is being captured, and the geologic location where CO2 is sequestered.
The underground sequestration of CO2 requires a Class VI permit.
Class VI wells are used to inject CO2 into deep rock formations. And it requires significantly more technical support and collaborative engagement with the regulators than a Class II permit.
Class VI injection wells are regulated by Federal Requirements under the Underground Injection Control (UIC), the Carbon Dioxide (CO2) Program, Geologic Sequestration (GS), the Environmental Protection Agency's (EPA) Wells: Final Rule, and 40 CFR (2010).
The 1200 pages long EPA federal rule requires:
Furthermore, baseline geochemical data of various subsurface formations and information on the compatibility of CO2 with fluids in the injection zone and minerals in both the injection and confining zones are required.
The Class VI permit requires a substantial amount of work and time. It is taking approximately 24 months to be approved for a Class VI permit. That is why only a couple of these have been completed to date.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue π§ America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions π€ Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue π° Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion π’ AiPs Obtained for Liquefied COβ Carrier Design and Floating Liquefied Storage Facility π± Stoc...
Inside This Issue π Innovating the Future: Gautam Swami's Global Journey in Low-carbon Energy and Finance π Captura Announces Sale of Carbon Removal Credits and Strategic Partnership With Mitsui O...
Willis Sustainable Fuels Progresses Teesside SAF Project
COCONUT CREEK, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (βWLFCβ or the βCompanyβ), the leading lessor of commercial aircraft engines and global provi...
City of Winona Expands Renewable Energy Capacity at Wastewater Treatment Plant with Capstone Green Energy Microturbines Project Costs Were 90% Covered Through Federal Tax Credit and DOE Grant LOS...
OSLO, Norway, March 27, 2025 /PRNewswire/ β The world's first large-scale BECCS (bioenergy with carbon capture and storage) project is moving into construction following a final investment decision...
Broomfield, CO, March 31, 2025 (GLOBE NEWSWIRE) -- Strategic Environmental & Energy Resources, Inc. (SEER) (OTCQB: SENR), forms SEER Carbon Corp. as the entity to spearhead efforts to produce i...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.