Published by Todd Bush on September 29, 2022
September 29, 2022 08:00 AM Eastern Daylight Time NEW YORK & AUSTIN, Texas--(BUSINESS WIRE)--Ridgewood, NJ based Dastur International, Inc., along with affiliate company Dastur Energy Inc., and Air Liquide have been awarded an important US Department of Energy (US DOE) funded FEED study for the design and engineering of an industrial scale carbon capture plant at Air Liquide's Steam Methane Reformer (SMR) on the US Gulf Coast. The project aims to capture 0.9 mtpa of CO2 with a net carbon capture efficiency of at least 95%, enabling the production of clean or blue hydrogen. The Funding Opportunity is entitled 'fossil energy based production, storage, transport and utilization of hydrogen approaching net zero'. The FEED will be completed over a period of 18 months and the value of the award is approximately USD $7.5 million.
>> In Other News: Air Products to Build Europe's Largest Blue Hydrogen Plant and Strengthens Long-Term Agreement
As the Prime Recipient of the award, Dastur will partner with subrecipients, technology provider Air Liquide E&C Solutions USA and host site Air Liquide Large Industries, to provide a techno-economically efficient and cost-effective solution for the industrial scale decarbonization of hydrogen production. The project will aim to exploit the natural advantages of the US Gulf Coast in terms of availability of natural gas, geological formations for the permanent storage of CO2, availability of CO2 transportation infrastructure, and CO2 demand from downstream customers. The project can be a stepping stone for the US DoE's 1-1-1 Hydrogen Energy Earthshot program, which seeks to reduce the cost of clean hydrogen by 80% to $1 per 1 Kilogram in 1 decade.
The project intends to use Air Liquide's state-of-the-art cryogenic technology, which runs on grid electricity, and will have lower secondary emissions compared to conventional amine-based carbon capture technology. With the increasing penetration of renewables in the grid, and decreasing grid emission intensity, the project will progressively reduce lifecycle CO2 emissions over time.
Atanu Mukherjee, President and Chief Executive Officer of Dastur, said, 'We are happy to receive this award from the US Department of Energy and believe that this project will be important for demonstrating clean hydrogen production from fossil fuels at an industrial scale with superior economics. Decarbonization of the hard-to-abate industrial world and generation of clean energy carriers like hydrogen is key to a net-zero future, and this project will be an important landmark in establishing the US's leadership in this area.'
Along with its partners, Dastur will draw upon its own intellectual property & know-how in gas conditioning, system design & engineering, carbon capture technology & storage and sequestration expertise to engineer a flexible, scalable and cost-effective industrial-scale carbon capture & management solution. A successful & cost-effective industrial-scale solution could serve as a reference for production of blue hydrogen in the US, as well as in other geographies.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Emvolon Raises $22 Million Funding Round to Launch Its Modular, Waste-to-fuel Chemical Plants 🔋 Terraton Turns Kenyan Nut Shells into Carbon Credits ⚡ Ballard Launches HPU Agi...
Inside This Issue 🏭 Global CCS Hits 113 Projects as Americas Lead Capacity 💰 We're Moving $2M+ to Climate Solutions 💧 China Launches World's First Semi-submersible Offshore Wind-to-hydrogen Platfo...
Inside This Issue 🪨 Inside Blm's 650,000-Acre Bet on Wyoming Carbon Storage 🏭 California Advances Carbon Capture and Removal Regulations Under SB 905 ⚡ Why a Japanese Power Giant Is Betting on Den...
Terradot and HASI Close $34 Million Investment for Carbon Removal Projects
SAN FRANCISCO & ANNAPOLIS, Md.--Terradot, a leader in carbon removal, and HA Sustainable Infrastructure Capital, Inc. ("HASI") (NYSE: HASI), a leading investor in sustainable infrastructure ass...
Ballard Launches HPU Agile-H: 80kW of Clean Power in a Lightweight, Towable Unit
VANCOUVER, BC and NEWCASTLE, United Kingdom, Oct. 28, 2026 /PRNewswire/ -- Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), through its recent acquisition, GeoPura, has launched the HPU Agile-H, a...
A consortium led by Novacium, together with Axel’One and AD-VENTA, has secured funding from the Defence Innovation Agency (AID) and the Directorate General of Armaments (DGA) under the RAPID progr...
Video: The Next Chapter https://youtu.be/LUIHqS35rMg Led by John Douglas, whose development experience includes the $8 billion Champlain Hudson Power Express, the collaboration brings major Nort...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.