U.S. DOE Bolsters CO2-Reduction Projects in Kentucky and Texas

Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Department of Energy's Office of Clean Energy Demonstrations recently finalized more than $570 million in awards to a pair of programs aimed at reducing carbon dioxide (CO2) emissions in Kentucky and Texas. These developments are among nearly $53 billion worth of active and proposed projects within the two states to capture CO2 emissions through either the carbon capture and storage (CCS) method, which sequesters possible emissions during the power-generation process, or the direct air capture (DAC) method, which removes CO2 directly from the atmosphere. Industrial Info is tracking more than $5.5 billion worth of related projects in Kentucky and more than $47.2 billion worth in Texas.

Click on the image at right for a graph detailing the top 10 parent companies for CO2-reduction projects in Kentucky and Texas.

PPL Corporation (NYSE:PPL) (Allentown, Pennsylvania) is set to receive up to $72 million from the U.S. Department of Energy (DOE) for a carbon-capture project at its Cane Run Power Station in Louisville, Kentucky. PPL aims to capture up to 90,000 metric tons per year of CO2 from the natural gas-fired plant's flue gas system, via technology developed by Koch Modular Process Systems, a subsidiary of Koch Industries Incorporated (Wichita, Kansas), and store it in an underground facility near the plant.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project and Plant databases can learn more about the Cane Run development in a detailed project report and plant profile.

Occidental Petroleum Corporation (NYSE:OXY) (Houston, Texas) subsidiary 1PointFive will receive up to $500 million from the DOE for its South Texas Direct Air Capture Hub in Kingsville, Texas. 1PointFive aims to capture 1 million tons per annum of CO2, either to produce clean fuels or to be injected into the Permian Basin for permanent storage, with the potential for an expanded CO2-reduction network in south Texas that would be backed by additional DOE funds. Subscribers can learn more from a detailed project report and plant profile.

Kentucky and Texas have been selected or considered for several high-value CCS or DAC projects. Tennessee Valley Authority (NYSE:TVE) (Knoxville, Tennessee) is weighing the pros and cons of building a natural gas-fired, combined-cycle CCS power plant in Drakesboro, Kentucky, which, if approved, would not begin construction until the 2030s, while Carmeuse S.A. (Louvain-la-Neuve, Belgium) is considering a proposed CCS unit at its Black River Limestone Mine in Butler, Kentucky, which is designed to capture 400,000 tons per year of CO2 emissions. Subscribers can read detailed reports on the Drakesboro and Bulter projects.

Texas has become a haven for "blue" hydrogen and ammonia projects, which use CCS technology in the process of making these chemicals. Two such projects are nearing or under construction in Nederland, Texas: OCI NV's (Amsterdam, Netherlands) Project Deep Blue, which will add a 1.1 million-ton-per-year blue ammonia production unit and a CCS unit to OCI's Beaumont Methanol and Ammonia Plant, and Linde plc's (NYSE:LIN) (Woking, England) blue hydrogen complex, which will sequester 1.7 million metric tons per year of CO2 and supply clean hydrogen to Project Deep Blue. Subscribers can read detailed reports on the OCI and Linde projects.

Other projects underway include Matheson Tri-Gas Incorporated's (Irving, Texas) air separation plant near Penwell, Texas, which kicked off site preparation in February. Matheson, a subsidiary of Mitsubishi Corporation (Tokyo, Japan), plans to produce gaseous oxygen to support 1PointFive's Project Legion DAC complex. Subscribers can learn more from a detailed project report and click here for a list of reports related to Project Legion.

Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.

Subscribers can click here for a full list of reports for active and proposed projects within Kentucky and Texas to capture CO2 emissions.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).