Climeworks, a world leader in commercial-scale Direct Air Capture (DAC) of CO2 and developer of “Mammoth,” the world’s largest DAC facility launched in May 2024 in Iceland, announced today that they will partner with CapturePoint Solutions to take the CO2 captured from the two Project Cypress facilities planned for Calcasieu Parish, Louisiana for transport to permanent deep underground storage in the Central Louisiana Regional Carbon Storage Hub (CENLA Hub). When both SW Louisiana Project Cypress DAC facilities are complete, Climeworks expects to capture 1.3 million metric tons of CO2 annually.
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CapturePoint's CENLA Hub to Store CO2 From Two Climeworks Direct Air Capture Plants in Southwest Louisiana
Heimdal Launches Project Bantam Direct Air Capture Facility at CapturePoint’s Oklahoma Carbon Hub, the World’s First Multi-Modal Carbon Management Site
Heimdal officially launched Direct Air Capture (DAC) operations today (August 13, 2024) at the Project Bantam facility built on-site at CapturePoint’s Oklahoma Carbon Hub in Osage County near Shidler, Oklahoma. Bantam is now the largest constructed DAC facility in the U.S., with the capacity to capture more than 5,000 metric tons of CO2 annually from the atmosphere when fully operational. With the startup of Bantam, the Oklahoma Carbon Hub achieved the distinction of being the world’s first multi-modal carbon management site, bringing together: CO2 captured from CVR Partners’ Fertilizer Plant in Coffeyville, Kansas; extensive on-site CO2-EOR operations in the historic North Burbank Unit; Heimdal’s Project Bantam on-site DAC facility; and a pending permit application to construct a regional deep underground carbon storage site.
CapturePoint's CENLA Hub to Store CO2 From Two Heirloom Direct Air Capture Plants Near Shreveport, Louisiana
Heirloom, a pioneer in Direct Air Capture (DAC) of CO2 and operator of the first US commercial DAC facility, announced today the intent to build two new DAC plants in the Port of Caddo-Bossier near Shreveport, Louisiana. CapturePoint will partner with Heirloom to take the captured CO2 from both plants and transport it for permanent deep underground storage at CapturePoint Solutions' Central Louisiana Regional Carbon Storage Hub (CENLA Hub). When both NW Louisiana DAC facilities are complete, Heirloom expects to capture 320,000 metric tons of CO2 annually.
CapturePoint and Energy Transfer Expand Carbon Capture Plans in Louisiana
CapturePoint and a subsidiary of Energy Transfer LP (NYSE: ET) announced today that they have signed a revised Letter of Intent and finalized a CO2 Offtake Agreement that will expand their collaboration on carbon capture and deep underground storage in Louisiana. Today's agreements formally dedicate the CO2 from Energy Transfer's Haynesville natural gas treating facilities to the CENLA Hub; provide Energy Transfer the right to participate in a joint venture that will own and operate the CENLA Hub; and create a framework for working together to capture and store carbon dioxide from other Energy Transfer facilities in Louisiana.
Bia Energy Announces CapturePoint's CENLA Hub Will Store CO2 For Low-Carbon Blue Methanol Project
Bia Energy Operating Company today announced that CO2 to be captured at their Low-Carbon Blue Methanol Project in the Port of Caddo-Bossier near Shreveport, Louisiana will be transported by CapturePoint for permanent sequestration in CapturePoint Solutions’ CENLA Hub deep underground carbon storage sites. When the project is fully operational, up to 250,000 metric tons of CO2 could be stored annually.
CapturePoint Closes 45Q Direct Transfer Tax Credit Transaction Associated with the Arkalon CO2 Capture Facility in Kansas
CapturePoint LLC announced today that it has closed on a private Section 45Q direct transfer tax credit transaction for carbon dioxide (CO2) captured at the company’s Arkalon facility near Liberal, Kansas and utilized for Carbon Dioxide Enhanced Oil Recovery (CO2-EOR) operations in the panhandles of Oklahoma and Texas. The CapturePoint Arkalon CO2 capture facility has the capacity to capture 250,000 metric tons of CO2 annually from nearby bio-ethanol production.