There’s growing global recognition that technologies which capture carbon, and in some cases remove it from the atmosphere, will be vital to achieving a decarbonized economy. There is also increasing interest in these technologies given their potential economic value since carbon can be used to develop products through beneficial use or conversion. Continue reading »
Earlier this year, landmark legislation which expands and reformsthe 45Q tax credit for carbon capture and storage projects was signed into law. The legislation, titled the FUTURE Act, received broad bipartisan support in Congress from governors and other state leaders and a diverse coalition of industry, labor, and environmental supporters. Continue reading »
Federal Funding and Tax Incentives Create Opportunities for Kansas to Realize Economic Potential of Carbon Capture Utilization & Storage
Policy, industry, & research leaders gather to push potential projects forward at pivotal time
LAWRENCE, KS – The Department of Energy has announced $13.3 million in funding paving the way for major carbon capture and storage projects in Kansas and Nebraska with considerable potential benefits to Kansas workers and its economy. This comes after a major win for carbon capture and storage (CCS) in the federal budget bill signed into law just months ago.
MINNEAPOLIS, MN – A diverse set of stakeholders from across the U.S. Midcontinent region have released a road map to identify possible routes toward decarbonization of the region’s electricity sector by Midcentury. The Midcontinent Power Sector Collaborative (MPSC) developed the road map to help guide industry and regulators as they make decisions about how to meet the region’s electricity needs while reducing carbon emissions. The full road map as well as an interactive website outlining its findings are available at roadmap.betterenergy.org.
Earlier this month I attended the Midcontinent Independent System Operator’s (MISO) Board meeting “hot topic” discussion on resource adequacy representing the Environmental/Other Sector.
My comment on the topicwas quoted by RTO Insider in their coverage of the meeting, where I discussed how distributed energy sourcescan unlock value for the system by “shaving loads, shifting loads, and shimmying loads.” This quote, which pertains specifically to demand response (DR) as a form of distributed energy resource, generated questions about what these terms mean and why they matter for the region.It is worth spending some time talking about these values and how they can help MISO and its members.Continue reading »
What if policy makers had a road map for decarbonizing the energy system? In the Midcontinent region of the US, a group of stakeholders including investor-owned utilities, merchant power companies, electric cooperatives, environmental groups, and state regulators has begun development of such a road map for decarbonization by 2050.
The stakeholder group, called the Midcontinent Power Sector Collaborative, is releasing the first part of the road map which focuses on decarbonizing the electricity sector. An event to release and discuss the road map will take place on July 24, 2018 in Milwaukee, WI.
JACKSON HOLE (WY) – A new effort to promote broad-scale deployment of infrastructure for carbon capture, CO2 pipelines, enhanced oil recovery (EOR), other forms of geologic storage, and beneficial utilization of CO2 in the Northern Plains/Rockies and Midwest regions was announced by Wyoming Governor Matt Mead and Montana Governor Steve Bullock today as part of CO2NNECT 2018.Continue reading »
Utilities and regulators face an increasingly complex task when responding to the changing power generation mix. They must consider the impact of market rules, legislation, reliability, resilience, cost and environmental issues, just to name a few.
With that in mind, it’s vital to gather the key players, stakeholders, and thought leaders in this sector to discuss issues and generate solutions. That’s the purpose of the “Energy and Environmental Developments in the PJM Region,” event taking place in Washington, D.C. on May 2, 2018. Continue reading »
A handful of North Dakota state legislators recently put forth a proposal to tap into the principal of the state’s constitutionally-established Legacy Fund to establish a loan program for infrastructure projects. The plan is expected to come before the 2019 State Legislature and will likely be one of many ideas and proposals that surface in the coming months which aim to utilize either the earnings or a portion of the principal of the Fund. Continue reading »
As part of the recent budget bill, Congress passed legislation to expand and reform a key tax credit called 45Q for deployment of carbon capture and storage projects in the United States. Continue reading »