Tagged With US
Gulf Coast CCUS draws new entrants as projects advance
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
US offers record $6b funding to hard-to-abate sectors
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
US warns against Asian coal power expansions
13 February 2024
Plans to add 500GW of coal-fired capacity could undo progress on emissions in US and Europe, climate envoy John Kerry tells IEA forum
US backs CCS tech projects with $304m
12 February 2024
Government selects four large-scale projects spanning power, refining and paper sectors to receive funding to pilot transformational technologies
US government backs BP’s Whiting storage project
15 November 2023
DOE offers $98m to CO₂ storage project centred on oil major’s largest refinery
BlackRock backs DAC with $550m Stratos deal
8 November 2023
World’s largest fund manager forms joint venture with Occidental to drive forward Texas project
Amazon backs Texas DAC project with ten-year offtake
13 September 2023
Online retailer prebooks credits to be generated by 1PointFive’s Stratos project in Ector County
US eyes funding to scale up CO₂ transport system
29 August 2023
Buildout of infrastructure over next decade needed to keep pace with rapid growth of country’s CCS sector
Occidental to buy DAC specialist Carbon Engineering for $1.1b
16 August 2023
US oil company agrees to acquire Canadian developer in move to accelerate cost reductions and deployment of direct air capture technology
US selects DAC projects for $1.2b funding
11 August 2023
Climeworks and Occidental subsidiary 1PointFive among developers set for talks with US Department of Energy over first tranche of funding for large-scale projects
ADNOC and Occidental collaborate on CCS and DAC
2 August 2023
Strategic agreement includes evaluation of first megaton direct air capture project outside US
Buckeye buys Elysian Carbon Management
18 July 2023
Houston-based midstream oil company signals commitment to transition with purchase of CCS developer
Denbury set for rapid CCUS expansion
11 July 2023
Texas-based firm forms partnerships to develop 300mn t of new CO₂ storage capacity in southeastern Louisiana
Washington carbon prices surge above California
28 June 2023
Prices in the newest US regional emissions trading scheme spike above more established California market on the back of more ambitious reduction target
Harnessing the VCM to retire orphaned oil and gas wells
19 May 2023
The American Carbon Registry launches methodology for tradeable offsets generated from plugging abandoned wells in the US
US CCUS sector weighs risks and rewards
10 May 2023
Many projects look attractive on paper but come with multiple risks for financiers and developers, say speakers at Washington forum
US carbon management a $600bn opportunity, says DoE
5 May 2023
Industry poised to invest heavily on the back of attractive CCUS economics in gas processing and other sectors, US Department of Energy says in new report
Avoiding old geopolitical paradigms for new energy challenges
4 May 2023
The US needs critical minerals for the energy transition, but its strategy for securing supplies should not mirror its approach to fossil fuels
Climeworks bids for three US DAC hubs
20 April 2023
Swiss company targets proposed hubs in Louisiana, California and Northern Great Plains under DoE funding programme
US DoE tests DAC technologies
31 March 2023
Two field tests of solid amine sorbent-based DAC systems are currently underway in an effort to increase efficiency and lower costs
Illinois Beccs project contracts Gas Liquids Engineering
13 March 2023
Canadian engineering company hired by Marquis Energy to develop largest Beccs system in the state
Chevron expands Bayou Bend CCS project
9 March 2023
Project on US Gulf Coast will be expanded to have storage capacity for 1bn t CO₂ as part of firm’s wider CCS ambitions
Occidental’s 1Pointfive plans major Texas CCS hub
2 March 2023
Bluebonnet hub on Gulf Coast will offer industrial emitters access to shared CCS infrastructure
US launches $2.52bn CCS funding programme
27 February 2023
Cash for large-scale pilot and demonstration projects aimed at decarbonising power generation and hard-to-abate industries
Heirloom to market lime-based DAC technology
21 February 2023
US technology company signs MoU to use calcination process initially developed to abate cement industry emissions
US CCS ‘ready to accelerate’ – Aker Carbon Capture
16 February 2023
Norway-based company hires first US representative as Inflation Reduction Act fires up North American market
Beccs seeks scale in ‘decisive decade’
15 February 2023
Commercial plants yet to launch but growing pipeline of projects could deliver tenfold increase in capacity by 2027
California DAC consortium bids for hub funding
14 February 2023
The group, which includes Brookfield Renewable and Southern California Gas Company, plans to develop capture and storage network across California
Europe urged to fight US for low-carbon investment
17 January 2023
Continent should match US policies such as the Inflation Reduction Act to attract capital for net-zero push, says former vice-president Al Gore
CCS to gain momentum in 2023 – ING
3 January 2023
US takes lead in emerging sector as enhanced policy support drives growth
US backs DAC with $3.5bn hub fund
15 December 2022
Department of Energy launches programme to support development of four regional demonstration hubs for direct air capture at commercial scale
Global headwinds for Cop27 climate talks
2 November 2022
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
CO₂ pipelines face US woes
28 October 2022
Developers are struggling with public perception and local engagement
US opens first California offshore wind auction
19 October 2022
First lease sale on the west coast to be held in December
CF targets blue ammonia market after signing CCS deal
14 October 2022
US fertiliser firm aims to be first high-volume supplier of blue ammonia as it secures major CCS deal with ExxonMobil and Enlink
Geopolitical risks threaten transition
5 October 2022
Russia’s invasion of Ukraine has underscored how energy can be weaponised in times of conflict
RWE expands in US with $6.8bn Con Edison deal
3 October 2022
German utility nearly doubles its US renewables portfolio with purchase of US’ second-largest solar operator
Chevron looks to reduce CCS costs
3 October 2022
The US oil major is investing in capture-technology startups and testing in San Joaquin Valley
Grid connection queues threaten US renewables goals
28 September 2022
Concerns about pace of expansion as average wait time for renewable power projects seeking grid connections reaches almost four years
CCS poised for rapid growth in US
26 September 2022
Inflation Reduction Act and other government initiatives seen as catalysts for carbon-capture expansion across multiple industrial sectors, according to speakers at Transition Economist roundtable
US takes on offshore permitting bottleneck
8 September 2022
Funding boost for Bureau of Ocean Energy Management aimed at speeding up leasing and permitting of proposed projects
GE loses right to sell Haliade-X turbines in US
8 September 2022
Rival turbine manufacturer Siemens Gamesa wins injunction based on patent infringement, with exceptions for projects already underway
Western turbine firms in the doldrums
17 August 2022
US and European manufacturers face continued losses up to 2024 due to dwindling orders, project delays and cost inflation
Vestas expects US order boost from climate act
10 August 2022
Danish wind turbine maker welcomes Inflation Reduction Act but reports second-quarter loss as inflation and supply chain issues continue to weigh on performance
US bill on climate passes Senate
8 August 2022
The Inflation Reduction Act contains a series of measures to stimulate the low-carbon economy in the US
US act would expand credits for transition technologies
3 August 2022
Bill would provide support to companies involved in the manufacture of wind turbine components, solar panels and EV batteries
New US bill to unleash rapid clean energy deployment
29 July 2022
The Inflation Reduction Act of 2022 includes long-term tax credits for clean hydrogen and carbon capture
US onshore wind hits post-PTC slump
29 July 2022
Second-quarter onshore wind installations fell 78pc year-on-year amid uncertainty around the extension of tax credits and rising costs
US explores offshore wind in Gulf of Mexico
26 July 2022
The government has opened a public consultation on over 730,000 acres proposed for wind energy development offshore Texas and Louisiana
Equinor buys US battery storage developer East Point Energy
12 July 2022
Norwegian energy company to use flexible storage to boost returns from its renewables portfolio
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