1. States leading on carbon capture
Wyoming aims to develop a commercial scale carbon dioxide sequestration hub, and North Dakota now has two Class VI sequestration well permits.
What’s clear: As commercial viability continues to improve for carbon capture technology, states like Wyoming and North Dakota are leading on sequestration now that they have primacy to manage Class VI sequestration wells.
- Tallgrass Energy is developing a commercial-scale carbon sequestration hub called the Eastern WY Sequestration Hub project.
- Project Tundra in North Dakota, which aims to capture 4 million metric tons of CO2, received their Class VI permit last week.
Plug in: North Dakota was able to issue 2 permits in a span of about 7-8 months; only two Class VI wells are in operation today, each taking 6 years to receive an EPA permit. Other states like Texas, Louisiana and New Mexico may be next.
- State control will be a "game-changer" for speeding up carbon sequestration projects, according to ClearPath carbon capture program manager Jena Lococo.
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2. Will Germany regret shutting nuclear power plants?
Bloomberg Opinions believes they will… and ClearPath agrees.
What’s clear: Many EU nations such as the UK, Netherlands, France, and Poland are finding nuclear power incredibly important to their carbon emissions reduction goals as well as meeting their needs to maintain reliable affordable electricity. But not Germany…
- Germany once had 19 carbon-free nuclear reactors.
- This month, it shut down three of the remaining six.
- Germans are expected to shut down the three remaining plants later this year.
Plug in: Analysts say Germany will likely miss its targets for decarbonization due to these closures.
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3. CCUS projects are on a roll
Energy majors Shell, Air Liquide, and BASF are joining the team planning to build a $100 billion carbon capture and storage hub in Houston.
- ExxonMobil…..Calpine…..Chevron…..Dow…..INEOS…..Linde…..LyondellBasell…..Marathon Petroleum…..NRG Energy…..Phillips 66 and Valero have already committed to the project.
On the other side of the state, Lucid Energy received a key EPA approval for a CCS project in the Permian Basin. The project will sequester 360,000 tons per year of CO2 for enhanced oil recovery.
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4. ClearPath continues to grow, expanding our ops team
Robin Luu joined our team this week as our Office Manager, and will work closely with our entire team.
“We are very excited to add Robin to our expanding team at ClearPath,” said Andrea Steiner, ClearPath COO. “Robin’s expertise in optimizing the full office experience will be key to helping us advance our mission.”
Robin joins ClearPath with an extensive resume of providing executive support services and office support to various organizations in DC focused on government affairs and policy. Be sure to say hello to this new friendly face the next time you are at our office!
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5. ICYMI
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6. Coming down the pipeline
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