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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.

Carbon 293
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DOE-sponsored project shows huge potential for carbon storage in Wyoming; potential for lithium recovery to offset cost

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The Wyoming Rock Springs Uplift could potentially store 14 to 17 billion metric tons of carbon dioxide (CO2), according to results from a Department of Energy-sponsored study. For every 1 million metric tons of CO 2 stored, approximately 250 metric tons of lithium carbonate, with an approximate market value of $1.6

Wyoming 199
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DKRW Advanced Fuels secures EPC contract with Sinopec Engineering for Medicine Bow coal-to-liquids project in Wyoming

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Using bituminous coal from southern Wyoming, the Medicine Bow facility will produce 11,600 barrels per day of very low sulfur gasoline using GE gasification technology and methanol?to?gasoline one of the leading producers of natural carbon dioxide utilized for CO 2 ?enhanced gasoline (MTG) technologies. Earlier post.). SEG is a share?controlled

Wyoming 236
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MSU moves forward with DOE-backed CO2 storage project in northern Montana

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Schematic illustration of carbon capture and storage at Kevin Dome in Montana. Courtesy Big Sky Carbon Sequestration Partnership. The overall goal of the project is to demonstrate that CO 2 can be stored safely and viably in regional geologic formations. Three companies, Vecta Oil and Gas, SR2020 Inc.

Montana 199
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DOE Selects 19 Projects to Monitor and Evaluate Geologic CO2 Storage

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The US Department of Energy (DOE) has selected 19 projects to enhance the capability to simulate, track, and evaluate the potential risks of carbon dioxide storage in geologic formations. Researchers will develop systems for tagging CO 2 with carbon-14 at atmospheric level (1 part per trillion) and measuring the carbon-14 CO 2 levels.

CO2 225
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DOE to award up to $12.4M to 11 projects focused on shale gas and enhanced oil recovery

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EOR, which involves using carbon dioxide, other gas, steam or chemical injection to release “stranded” or hard-to-recover oil, is currently providing about 13% of total US production.

Oil 225
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DOE Selects 15 Projects Aimed at Secure CO2 Underground Storage

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The US Department of Energy has selected 15 projects to develop technologies aimed at safely and economically storing carbon dioxide in geologic formations. Columbia University researchers will test and evaluate carbon-14 as a reactive tracer to assess CO 2 transport in a basaltic storage reservoir. Funded with $21.3

CO2 199