Tracy Evans, the CEO of CapturePoint LLC, was a featured panelist at Wood Mackenzie’s Houston CCUS Conference on October 9, 2024, where he discussed the immediate potential of developing regional deep underground carbon storage hubs in the United States.?He noted one of the key challenges was combatting misinformation, but advancing the lessons learned from over 50 years of CO2 capture and storage experience along with our current knowledge of best materials, best engineering and design, and best practices, the industry is poised to deliver on the promise of significant projects in the next year or two.? Tracy also encouraged prompt regulatory review within the rigorous standards of EPA’s Class VI permits, and confirmed that CapturePoint LLC’s Central Louisiana Regional Carbon Hub (CENLA Hub) has sufficient carbon transportation and storage agreements with a subsidiary of Energy Transfer (which also includes CO2 captured from certain holdings of Expand Energy) as well as 2 major projects in the Port of Caddo-Bossier – Bia Energy LLC’s Low-Carbon Methanol facility and Heirloom’s Direct Air Capture facilities – to seriously consider planning for expansion of the intended CENLA Hub CO2 pipeline network in order to serve the carbon management needs of customers in other areas of Louisiana. #CapturePoint #CCUS #CarbonManagement
关于我们
Bia Energy is a developer of low CO2 emission methanol and hydrogen projects in the United States. We are committed to cost-effective technology and energy solutions that drive towards net-zero emissions.
- 网站
-
https://www.bia-energy.com/
Bia Energy LLC的外部链接
- 所属行业
- 气象科技产品制造
- 规模
- 2-10 人
- 总部
- Shreveport，LA
- 类型
- 私人持股
地点
-
主要
获取路线
US，LA，Shreveport
Bia Energy LLC员工
动态
-
The Methanol Institute recently conducted a comprehensive study by Jeroen Dierickx, Ph.D. that offers additional evidence that upcoming EU regulations will boost the economic value of methanol in the shipping industry worldwide. This study effectively highlights the rising need for low-carbon methanol projects, such as Bia Energy, to help drive the transition to a sustainable maritime industry.
EU policies favor low-carbon fuels, positioning ???????????????? as a leading player in the energy transition. This what a ?? study by Jeroen Dierickx, Ph.D. for the Methanol Institute shows, providing a clear roadmap for the maritime sector as it moves towards net-zero. ?????? ????????????????: ?? ???????????????????? ?????????????????? and costs: #FuelEUMaritime Regulation & #EUETS impose heavy penalties on fossil fuel use. Costs for non-compliance with FuelEU Maritime will skyrocket from €39/ton in 2025 to €1,997/ton by 2050. ?? Compliance options: To avoid these penalties, vessel owners can choose bio- or e-methanol, or blends of fossil and green methanol as viable compliance options and support the development of a sustainable methanol supply chain. ?? ?????????? ??????????????????: The analysis forecasts the average maximum price for bio-methanol to be €1,193 per ton from 2025-2050. For e-methanol, prices are estimated at €2,238 per ton from 2025-2033, decreasing to €1,325 per ton from 2034-2050 when the reward factor for using renewable fuels of non-biological origin (RFNBO) expires in 2034. Including EU ETS costs, these prices rise by €150 per ton for both fuels. ?? ???????????????? ??????????????????: Both bio- and e-methanol show immense potential under these regulations, promoting their adoption and investment in green fuel solutions. Dive in to find out more: ? Press release: https://lnkd.in/eBCj2gde ? Full report: https://lnkd.in/enPt9p5v #MethanolInstitute #shipping #energytransition
-
Congratulations to the CapturePoint LLC team!
Exciting News! CapturePoint LLC and a subsidiary of Energy Transfer LP (NYSE:ET) have signed agreements to advance carbon capture and deep underground storage in Louisiana. The agreements formally dedicate the carbon dioxide?from Energy Transfer's Haynesville natural gas treating facilities to CapturePoint's Central Louisiana Regional Carbon Storage Hub (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. Visit our NEWS updates at https://lnkd.in/enw-b8XA and scroll down to the May 8, 2024 story for more information! #CapturePoint #CCUS #CarbonManagement
-
-
We are excited to announce major updates to the project! Planned $1.2 billion facility will produce approximately 550,000 metric tons of blue and bio-methanol per year. Bia Energy has secured an agreement with Macquarie Group to commercialize and market the methanol, and a partnership with CapturePoint LLC to capture and transport carbon dioxide from the site. Read the full press release at https://lnkd.in/ehN_x3CM
-