Published by Todd Bush on May 25, 2023
AMES, Iowa, May 25, 2023 /PRNewswire/ -- Summit Carbon Solutions is proud to announce a significant partnership with NuGen Energy, an ethanol plant in Marion, South Dakota, principally owned by REX American Resources (NYSE: REX).
>> In Other News: Advent Technologies Provides Update on Green HiPo IPCEI Project
NuGen joins 32 leading ethanol plants as partners in the transformative carbon capture and storage project led by Summit Carbon Solutions. NuGen Energy began operations in 2008 and has a production capacity of 150,000,000 gallons per year.
Summit Carbon Solutions is leading the development of the world's largest carbon capture and storage project. Once complete, Summit Carbon Solutions and their partners will safely capture, transport, and permanently store up to 18 million metric tons of carbon dioxide each year. The project, spanning Minnesota, Iowa, Nebraska, South Dakota, and North Dakota, significantly reduces the carbon footprint of participating ethanol plants and allows them new market opportunities. This supports an "all of the above" approach to national energy security by enhancing the production of domestic renewable energy and subsequently reducing our reliance on foreign oil.
"We are excited to welcome NuGen to our expanding network of partners," stated Lee Blank, CEO of Summit Carbon Solutions. "NuGen shares our dedication to supporting the long-term sustainability of U.S. agriculture by decarbonizing the supply chain. NuGen's commitment to quality, yields, and efficiency aligns perfectly with our vision."
"We are delighted to partner with Summit on this important carbon capture storage project," said Zafar Rizvi, CEO of Rex American Resources. "Strategically, the location of our NuGen facility in Marion, South Dakota and our goals to reduce greenhouse gas emissions perfectly align with Summit Carbon Solutions. We look forward to working with Summit to achieve our sustainability targets and making a positive impact on the environment."
The partnership with NuGen will remove and permanently store an additional 450,000 metric tons of CO2 per year. This CO2 will be compressed and transported to North Dakota for permanent geologic storage, furthering the project's environmental benefits.
The partnership with NuGen comes amidst another notable milestone for Summit Carbon Solutions; the successful acquisition of 70 percent of the pipeline route through voluntary easements with nearly 2,500 landowners. This achievement underlines the strong community support and shared vision for sustainable agriculture and energy production.
Summit Carbon Solutions aims to reduce greenhouse gas emissions by connecting industrial and biogenic CO2 emitters through strategic infrastructure to store carbon dioxide safely and permanently in the Midwestern United States.
To learn more about Summit Carbon Solutions, please visit: www.SummitCarbonSolutions.com
SOURCE Summit Carbon Solutions
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
Inside This Issue 🧩 Who Gets Left Behind? Inside the Senate Plan Reshaping America's Clean Energy Future 🌿 TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioener...
Inside This Issue 🛑 BP Pauses Project to Pipe, Store Carbon Emissions Underground in Indiana Indefinitely 🤝 Deep Sky Announces Multi-Year Offtake Agreement with Rubicon Carbon 🤖 Automating Hydroge...
Industry-first framework addresses critical gaps in carbon capture verification, enabling safer, more bankable projects DNV has released a new service specification (DNV-SE-0696) for the verificat...
Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch
Clean energy and digital infrastructure projects at Cadiz expected to generate $7-$10 million per year in lease revenue and water supply sales, in addition to supporting sustainable water and farmi...
Expro Wins Well Test Contract for Major UK CCS Project
Latest contract extends Expro’s decade-plus support of the UK Carbon Capture and Storage (CCS) industry ABERDEEN, Scotland--Energy services provider, Expro (NYSE: XPRO), has secured a key contract...
MAX Power Team Identifies Rare Basement Source Rocks as Potential Natural Hydrogen Source
Multi-Well Drill Program Planned for Target-Rich Areas MAX Power Acquires Exploration Permits Covering 1.3 Million Acres Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - MAX Power M...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.