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CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

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Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

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Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

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It is estimated that the study will be completed in the fourth quarter of 2009, following which Denbury will evaluate external market conditions, the state of financing and construction of the proposed gasification projects, and make a decision as to whether or not they will take initial steps to build such a pipeline.

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DNV and PSE develop concept for on-ship chemical CO2 capture; capable of reducing ship CO2 emissions by up to 65%

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PSE), a global provider of advanced process modeling technology, have developed a concept design for shipboard chemical CO 2 capture. This has been a challenging design problem with tight constraints. Det Norske Veritas (DNV), a leading classification society, and Process Systems Enterprise Ltd.

CO2 225
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European Commission proposes 15% reduction in CO2 for new heavy-duty trucks by 2025, indicative target of 30% by 2030

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In the third set of measures designed to implement the “Europe on the Move” goals of modernizing the transport system, the European Commission is proposing a 15% reduction in new heavy-duty truck CO 2 emissions by 2025 from 2019 levels. For 2030, the Commission proposed an indicative reduction target of at least 30%.

CO2 199
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Mitsubishi Hitachi Power Systems introduces 63% efficient, 540MW JAC gas turbine; -70% CO2 compared to older coal-fired plants

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Following technical selection, a developer will proceed with securing financing, permitting and more. All are proven designs for reliable operation. A technical selection is one of the first steps in developing a new power plant. It means that if the power plant is constructed and commissioned, it will use MHPS gas turbines.

Coal 150
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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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The project’s front end engineering design (FEED) study was launched in June 2010 by Fluor, Siemens and Selas Fluid Processing Corporation, a Linde Group subsidiary. Captured CO2 will be further cleaned and compressed, and then transported by pipeline to an existing regional CO 2 pipeline or, potentially, to a nearby EOR field.

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Siemens Energy to Supply Advanced Coal Gasification Technology to Taylorville Energy Center; 50% CO2 Capture

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TEC is in advanced development, with the front end engineering and design (FEED) work required by the Illinois Clean Coal Portfolio Standard law under way. By capturing and storing at least 50 percent of the CO 2 it produces, TEC will have emissions comparable to a natural gas-fueled plant.

Coal 186