DOE Awards $67M to Wyoming Carbon Storage Project

• 

  Your Email: *

  Your Name: *

  Send To: *

  Enter multiple addresses on separate lines or separate them with commas.

  You are going to email the following: DOE Awards $67M to Wyoming Carbon Storage Project

  Message Subject: (Your Name) has forwarded a page to you from GreenBiz.com®

  Message Body: (Your Name) thought you would like to see this page from GreenBiz.com®.

  Your Personal Message: *

  CAPTCHA

  Are you human? Thanks for helping us block auto-spammers.

  

  What code is in the image?: *

  Copy the characters (respecting upper/lower case) from the image.
  
• 
• 
• 

WASHINGTON, D.C. -- The U.S. Dept. of Energy will give nearly $67 million to a large-scale carbon sequestration project in southwest Wyoming, the agency said Monday.

The $130.6 million project will store more than 2 million tons of carbon dioxide some 11,000 feet underground in an attempt to assure that the greenhouse gas can be transported, injected and stored underground safely, economically and permanently.

"Along with our regional partners, we will be able to move carbon sequestration technology from the laboratory to large-scale field demonstrations and ultimately to the marketplace," Jeffrey Kupfer, deputy secretary of energy, said in statement. "By doing so, we will help our Nation meet growing energy demand and reduce greenhouse gas emissions."

The award's recipient, Big Sky Regional Carbon Sequestration Partnership, is led by Montana State University-Bozeman. Located at the Riley Ridge Unit on the LaBarge Platform, the project will demonstrate all phases of the injection process using CO2 fom Cimarex Energy Co.'s planned helium and natural gas plant nearby. The eolian sandstone formations throughout the region have the potential to store more than 100 years of CO2 emissions from various sources in the area, according to the DOE.

It is the seventh commercial-scale carbon storage award doled out by the DOE during the third phase of its Regional Carbon Sequestration Partnership Program.

The first phase of the program, which ended in 2005, assessed the CO2 storage potential of various settings, including deep oil-, gas-, coal-, and saline-bearing formations. Phase I identified more than 3,000 billion metric tons of potential storage capacity. The program's second phase created a series of small-scale sequestration projects to study the injection, containment and storage of different geologic projects.

Share: LinkedIn   StumbleUpon   Digg