decarbonfuse Icons/logo

Press Release

Scaling Up Carbon Dioxide Storage to Achieve a Net-Zero Future

Published by Todd Bush on October 9, 2024

To achieve net-zero emissions by midcentury, the United States will need to capture, transport, and permanently store hundreds of millions of tons of carbon dioxide (CO2) each year.

This will require developing the infrastructure and management practices to store large quantities of CO2 at multiple locations within specific geological basins, often spanning regions, crossing state boundaries, and including state, federal, and tribal lands.

To support these efforts, the U.S. Department of Energyโ€™s Office of Fossil Energy and Carbon Management (FECM) established the Carbon Basin Assessment and Storage Evaluation (CarbonBASE) Initiative.

>> In Other News: Rushnu Signs Two Agreements to Demonstrate Its Unique Combined Carbon Capture - Green Chemicals Production Technology

This initiative aims to collect subsurface data from basins across the United States and develop a robust set of tools for rapid and effective site screening, advanced site characterization and development, and improved basin-scale storage resource monitoring and management.

Additionally, FECM is collaborating with the U.S. Department of the Interior (DOI) to inform relevant regulatory guidelines, conduct basin-scale assessments, and develop models for managing CO2 storage resources on federal land and offshore areas.

In February 2024, FECM and DOIโ€™s U.S. Geological Survey hosted a Basin Scale Issues for Carbon Management Workshop, bringing together 70 participants from multiple federal agencies, state government agencies, industry, academia, and research organizations.

The workshop gathered individual input from a diverse group of stakeholders to inform potential research and development needs for the CarbonBASE Initiative and to help DOI develop models for managing CO2 storage on federal land and offshore resources.

During the workshop, attendees discussed opportunities and technological innovations needed for scaling up CO2 storage in basins. A โ€œBasin Scale Issues for Carbon Storage Workshop Reportโ€ was subsequently released to provide a more detailed overview of discussions and set priorities for advancing basin-scale CO2 storage.

Several key themes emerged, highlighting the critical needs for accurate measurements of in-situ fluid pressure, a better understanding of carbon storage resources, and improved decision-making paradigms.

Key Insights from the Workshop

  • Obtain accurate measurements of in-situ fluid pressure (i.e., pore pressure) and its evolution across a basin to ensure the safe and efficient use of basin-scale storage resources.

  • Enhance the understanding of basin-scale carbon storage resources and gather information needed for managing multiple projects within a single basin.

  • Expand the availability and organization of publicly available data to improve transparency and decision-making.

  • Develop and implement infrastructure for monitoring subsurface carbon storage resources at both basin and regional scales.

  • Create decision-making paradigms for project-siting, leasing, and permitting to ensure the efficient use of basin-scale storage resources.

  • Manage the impact of subsurface energy and storage activities within the basin as geologic CO2 storage expands.

  • Leverage opportunities provided by other subsurface activities to collect CO2 storage-relevant characterization and monitoring data from various basins.

Moving forward, these insights and recommendations from the workshop and report will be crucial in guiding the development of technologies and strategies needed for basin-scale CO2 storage.

By building strong partnerships across the government, industry, and academia, the United States can ensure that it has the tools, data, and resources it needs to achieve a clean energy and industrial future.

Download the Basin Scale Issues for Carbon Storage Workshop Report to learn more.

Visit the FECM website to learn more about how the federal government is investing in carbon management. To keep up to date with future news alerts, sign up to receive FECM email updates and follow us on X, Facebook, and LinkedIn.

Icons/external Source

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Latest issues

  • BHP, JSW Steel To Explore Use of Carbon Capture Technology in Steelmaking

    Inside This Issue ๐Ÿ› ๏ธ BHP, JSW Steel To Explore Use of Carbon Capture Technology in Steelmaking ๐Ÿ๏ธ Exxon Mobilโ€™s Landmark Acquisition for Offshore CO2 Capture: A Big Step Toward Carbon Reduction ๐Ÿš— ...

  • ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.

    Inside this Issue ๐ŸŒŠ ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S. ๐ŸŒฑ Toyota Showcases Technology Developments Towards a Sustainable Future ๐Ÿ’ฐ DOE's $29M Investment: Advancing Carb...

  • Scaling Up Carbon Dioxide Storage

    Inside this Issue ๐ŸŒ Scaling Up Carbon Dioxide Storagee to Achieve a Net-Zero Future ๐Ÿ’ฐ Colorado School of Mines and Carbon TerraVault Secure $8.9 Million for CarbonSAFE Project ๐Ÿค Rushnu Signs Two A...

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration