The Carbon Corner - Issue #10

The Carbon Corner - Issue #10

Welcome back to another week of The Carbon Corner! This week we are releasing our 10th edition.

Today, we are going to discuss a few new partnerships and developing joint efforts in the space.

Big news for CCS Carbon Credits as ENGIE and BKV Team Up

We’ve picked up on some important news in the burgeoning CCS carbon offset credit space. Few carbon registries have focused on carbon offsets related to CCS projects. The market is quite opaque, limiting price discovery for would-be voluntary market participants.

ENGIE Energy Marketing NA, Inc and BKV Corporation has plans to create a framework and marketing program that will allow a buyer to purchase measured and verified carbon credits from a single company. This will be the first initiative of its kind in the emerging U.S. market.

The framework begins with the measurement, reduction, and verification of emissions by BVK. They will deliver the sequestrated carbon credits to EEMNA, which will market them. The sourcing will be measured by Project Canary, the independent data and analysis provider, who will reconcile sensing technologies and measure, analyze, and report the environmental attributes of the sequestrated carbon to support decarbonization.

The team believes that the level of transparency in the measured emissions will be the first of its kind. Chris Romer, Co-founder, and CEO of Project Canary, said, “Today’s energy economy demands a cleaner, better way of producing, transporting, and buying energy. We are proud to help put this first trade together by delivering the transactive environmental data for this transformative deal.”

This is a major step forward for adopting CCS voluntary offset credits. These credits could be an alternative to regulated markets like California’s LCFS program.

Biden Announces Net Zero Technology Initiatives

As an advancement of the net-zero emissions goal set in place, the president announced the “Net-Zero Game Changers Initiative,” which will direct billions toward five specific initiatives. CCS will be a critical component of at least a few identified processes.

The first is efficient building heating and cooling, potentially lowering global warming. The second is net-zero aviation, which will use electric and hybrid aircraft. The third, net-zero power grid and electrification, will include reworking transmission and distribution systems. Fusion energy at scale is the fourth initiative. The final is industrial products and fuels for a net-zero economy, which includes supply changes and the production of steel, aluminum, cement, chemicals, industrial heat, clean water, and electrofuels.

Importantly, the last initiative, pushing industrial processes to have lower carbon emissions, will mean CCS linkages for existing plants. Several CCS site developers plan to collaborate with facilities like cement and ammonia production to decarbonize the processes.

This represents one step further in federal support of these initiatives.

KeyState Partnership in PS Slated to Demonstrate Blue Hydrogen

Stamicarbon and KeyState Natural Gas Synthesis have partnered to work on one of Pennsylvania’s first studies on producing hydrogen while capturing and storing carbon dioxide emissions.

Although a specific site has not been announced, KeyState is located in north-central Pennsylvania and has the possibility of being the home base for the project.

Perry Bab, CEO of KeyState, said, “This KeyState project aligns with the job creation and economic impact objectives of the Inflation Reduction Act, which supports Appalachian communities that can benefit from the energy transition.”

The project is one of several slated to demonstrate ‘blue hydrogen’ capabilities, or hydrogen produced from natural gas and supported by CCS technology.

Shell Advances LNG-linked CCS Project

Shell and GE Gas Power have agreed to partner in studying processes to reduce the carbon emissions of Shell’s liquified natural gas (LNG) projects.

The largest source of emissions comes from firing LNG in turbines, so the company wants to determine if hydrogen can replace the fuel for the engines. The main focus of this study will use Shell’s blue hydrogen process, which applies carbon capture and storage technologies. They will also utilize green hydrogen, which creates energy in the form of heat but doesn’t generate carbon based on renewable power.

Currently, natural gas supplies a third of the energy consumed, and the largest supplier is the US. This study could play a key role in the global low-carbon transition for LNG delivery.

Pennsylvania Core Storage Facility to Receive Funding Under Guise of CCUS

Department of Conservation and Natural Resources (DCNR) Secretary Cindy Adams Dunn announced a $6 million investment to construct a core storage facility in Pennsylvania.

This new rock library will house core samples, which are long, narrow pieces of rock obtained by drilling. These samples reveal physical and chemical rock properties that help advance the understanding and processes associated with carbon capture.

DCNR Bureau of Geological Survey Director Gal Blackmer said, “The new rock sample library will more than double the department’s current capacity to store, catalog, and analyze subsurface rock samples collected throughout the state for focused research on the state’s subsurface geology.”

This is undoubtedly a step forward for site developers, who may be able to leverage the state’s core data before being required to collect their own at great cost.

That’s it for this week’s edition of Carbon Corner! We hope you enjoyed reading the new developments.

Check us out at or email me at to find out more about our services connected to CCS.

Schaper Energy Consulting

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