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BNEF: global carbon capture capacity due to rise sixfold by 2030

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The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. The amount of CO 2 being captured today is 43 million tons, or 0.1% of global emissions.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Enabling Production of Low Carbon Emissions Steel Through CO 2 Capture from Blast Furnace Gases.

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Peabody Energy Grants $2M to Develop Coal Energy Technology Lab at the University of Wyoming

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The University of Wyoming (UW) has received a $2 million grant from coal giant Peabody Energy to create the Peabody Energy Clean Coal Technology Laboratory in the UW Energy Resources Center in Laramie. This gift will be doubled by the Wyoming State Legislature matching fund.

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27 teams advancing in $20M NRG COSIA Carbon XPRIZE; converting CO2 to products

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XPRIZE announced the 27 teams representing six countries advancing in the $20-million NRG COSIA Carbon XPRIZE, a global competition to develop technologies that convert the most carbon dioxide emissions from natural gas and power plant facilities into products with the highest net value. Coal plant and natural gas plant.

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DOE awards $34M to 19 projects to advance clean hydrogen

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DOE’s National Energy Technology Laboratory (NETL), under the purview of DOE’s Office of Fossil Energy and Carbon Management (FECM), will manage the selected projects. DOE Funding: $1,249,997; Non-DOE Funding: $312,516; Total Value: $1,562,513 Oxygen Integrated Unit for Modular Biomass Conversion to Hydrogen — Palo Alto Research Center Inc.,

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Wyoming Clean Coal Task Force wards $8.8M to 9 projects for 2011, including coal-to-liquids

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The Clean Coal Task Force (CCTF) was created in 2007 by the Wyoming State Legislature to help secure Wyoming’s financial future by preserving the value of coal, an important export from the state. Mohammad Piri, an assistant professor of chemical and petroleum engineering, will lead the project.

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Idaho National Laboratory low-energy electrochemical process could eliminate need for steam cracking of hydrocarbons

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Typically the steam cracking of ethane has a conversion rate of 70%, with ethylene yields of about 50%. Estimates put the product cost contribution of steam cracking at 60% and the manufacturing carbon footprint at two-thirds of the total. Comparison of process energies and carbon footprint in NDP and steam cracking. (a)

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