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

Green Car Congress

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. The recovered lithium could generate revenue to offset the cost of CO 2 storage and help reduce the need for lithium import.

Wyoming 199
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DOE awarding more than $50M to 15 projects to advance critical material innovations

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Projects selected under this funding opportunity announcement will reduce both the costs of critical materials and the environmental impacts of production. DOE funding: $5,577,738; cost share: $5,925,475; Total costs: $11,503,213. Partners: American Lithium Corporation, DuPont Water Solutions.

Li-ion 321
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US DOI finalizes plan for oil shale and oil sands research, demonstration and development

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Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

Oil-Sands 225
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DOE to leverage fossil energy expertise to develop and explore geothermal energy resources

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The overall focus is to reduce the upfront costs of geothermal development as well as improve its effectiveness. Leveraging existing oil and gas infrastructure reduces the upfront costs of geothermal development. The Tensleep hot water was previously treated as a waste stream. million barrels of co-produced hot water.

Energy 210
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Converting Coal Power Plants to Nuclear Gains Steam

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Plant operators might save on costs, with transmission lines, cooling towers, office buildings, and roads already in place. Most nuclear plants around the world today are large light-water reactors, with capacities well over a gigawatt—quite a bit more than typical coal plants. Either option will be an uphill battle. In Kemmerer, Wyo.,

Coal 145
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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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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. Engineering-Scale Test of a Water-Lean Solvent for Post-Combustion Capture. DOE Funding: $13,000,000; Non-DOE Funding: $3,272,127; Total: $16,272,127. ION Clean Energy Inc.

Carbon 236
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal 210