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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. In 2021, some 73% of captured CO 2 went to enhanced oil recovery operations. of global emissions.

Carbon 293
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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. These facilities utilize Topsoe’s HydroFlex technology for the conversion of waste and bio-feedstock into renewable diesel.

Renewable 195
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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 oil equivalent reserve at the Medicine Bow site.

Wyoming 236
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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. Chevron USA.

Carbon 236
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USDA awards nearly $10M for research on using beetle-killed trees as feedstock for on-site thermochemical conversion technologies

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Specifically, the team will explore recent advances in scalable thermochemical conversion technologies, which enable the production of advanced liquid biofuel and co-products on-site. It requires no cultivation, circumvents food-versus-fuel concerns and likely has a highly favorable carbon balance.

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DOE-sponsored drilling projects demonstrate significant CO2 storage at three sites

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Evaluation-related test drilling at geologic sites in three states that could store a combined 64 million metric tons of CO 2 emissions—an important component of carbon capture, utilization and storage (CCUS) technology development—has been completed in projects supported by the US Department of Energy (DOE).

CO2 225
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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.,

Hydrogen 150