JM Innovations

North Dakota Ag News Headlines
Midwest AgEnergy Carbon Zero Initiative Breaks Ground on Well
North Dakota Ag Connection - 10/14/2020

Senator John Hoeven helped kick off Midwest AgEnergy's (MAG) Carbon Zero Initiative and marked the groundbreaking of a CO2 capture well. MAG is drilling the well to first test the region's geological formations for the potential to store CO2, and should the area be suitable, the company will seek a Class VI permit to fully develop the injection well to sequester emissions from the Blue Flint ethanol plant. Accordingly, this project:

- Would enable the facility to sell to states with low carbon fuel standards, like California and those in the Pacific Northwest, ensuring a broader market for the company's product.

- Would allow the company to benefit from the 45Q tax credit, which Hoeven worked to implement and continues working to enhance to better support carbon capture, utilization and storage (CCUS) projects.

- Is able to move forward due to Hoeven's efforts to secure final approval for North Dakota's regulatory primacy over Class VI injection wells, which are used for geologic or long-term storage of CO2, the first such approval in the nation.

As a member of the Senate Energy and Water Development Appropriations Committee, Hoeven also continues working to fund efforts like the Plains Carbon Dioxide Reduction (PCOR) Partnership and the CarbonSAFE Initiative in North Dakota, which support the development of commercial-scale CO2 storage facilities.

"With the launch of Midwest AgEnergy's Carbon Zero initiative, our state continues to lead the way in the development of CCUS technology, a critical path forward for both traditional and renewable energy producers, enabling us to develop more energy with fewer emissions," Hoeven said. "We've worked for well over a decade to set the stage for projects like this, including securing the state authority needed to regulate CO2 storage, funding research into CCUS and implementing and expanding the 45Q tax credit.

Being co-located with a coal-fired power station, the Blue Flint ethanol facility already demonstrated the innovative approach we take in North Dakota. With the application of CCUS, our ethanol industry will be able to access more markets and have a more secure economic future."

Other North Dakota Headlines
Copyright © 2020 - All Rights Reserved.