CO2 Pipeline Update
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As more landowners organize in an effort to fight the proposed Navigator and Summit carbon capture pipelines slated to be built across Moody County and the state, the Biden Administration announces more incentives for the pipeline companies to move their respective projects forward.
This past Thursday, the U.S. Department of Energy launched a $2 billion loan program to fund the construction of pipelines, rail transport and other shipping methods. The Carbon Dioxide Transportation Infrastructure Finance and Innovation program, or CIFIA, will be available through 2026, unless it’s spent before then. “The CIFIA program will help industry overcome the challenges to accessing the upfront capital needed to build shared infrastructure projects that are essential to advancing our clean energy economy,” Energy Secretary Jennifer Granholm said in a statement this past week to the HuffPost. “One giant challenge in deploying carbon management technologies to reduce emissions is to be able to transport the CO2 to where it is ultimately sequestered or used up.”
But more entities are questioning whether or not the technology is sound, safe or if it’ll even be relevant by the time the pipelines might open for transport.
The Navigator C02 Ventures “Heartland Greenway” project would originate at the Valero plant just north of Moody County, and run south through the county on its way to a sequestration site in Illinois. The company filed a much anticipated permit application to the South Dakota Public Utilities Commission on September 29th.
According to the filing, “The Project consists of 111.9 miles of carbon dioxide pipeline in South Dakota that will cross the counties of Brookings, Moody, Minnehaha, Lincoln, and Turner. More specifically, the Project consists of three segments: 1) the Aurora to Hartley lateral that will be approximately 63.6 miles of 8- inch diameter pipeline; 2) the POET Chancellor lateral that will be approximately 22.6 miles of 6- inch diameter pipeline; and 3) the POET Hudson lateral that will be approximately 25. 7 miles of 6- inch diameter pipeline. In addition, one inline inspection tool launcher/receiver site will be constructed in Lincoln County. No pump stations are proposed in South Dakota for the Project. Applicant estimates the total cost of the proposed Project in South Dakota to be $142 million.”