Wyoming Trails Carbon Hub Grant Award Announcement

By Kanata Clean Power & Climate Technologies | May 30, 2023

The US Department of Energy’s Office of Fossil and Energy Management has selected a new project to develop a comprehensive transport system to support Wyoming’s carbon capture and carbon storage program and the state’s carbon-negative commitment.

Click Image To View Full Size

CALGARY, AB - TheNewswire - May 30, 2023 - A consortium of Carbon Solutions, Carbonvert, Glenrock Energy, Kanata America, Live Oak Environmental, and Williams today announced that their project, “Time’s Ticking: Embarking on the Wyoming Trails Carbon Hub (“WyoTCH”),” has been formally launched with its selection to receive Department of Energy funding to study and design a carbon dioxide infrastructure system in Wyoming. Carbon Solutions will lead the project work in conjunction with Wyoming’s Enhanced Oil Recovery Institute, with support from the University of Wyoming and INTERA Incorporated. The Wyoming Energy Authority is also intending to provide financial support.

WyoTCH is one of three recipients of the award under the Department of Energy’s funding opportunity for “Carbon Dioxide Transport Engineering and Design Projects.” The contributions from the Department of Energy will complement investments by Carbon Solutions and the consortium partners to enable WyoTCH to complete a FEED Study for a commercial-scale, statewide pipeline system to be constructed and operated by Williams. This is the first step in developing infrastructure that can ultimately transport as much as 120 million tonnes of CO2 per year. This will expand Wyoming’s already leading efforts to make itself the first carbon-negative state in America.

The development of the WyoTCH carbon transport infrastructure will facilitate carbon capture and carbon storage projects that are separately being developed by the consortium partners and others. This project would facilitate the transportation of CO2 to carbon sequestration hubs being developed by Carbonvert, Glenrock Energy, Live Oak Environmental, and Williams in the central and southwestern portions of the state. Project WyoTCH would also assist in the storage of CO2 from a low-carbon ammonia production facility utilizing coal from the Kemmerer Mine that is being developed by Glenrock Energy and Kanata America.

Project WyoTCH reflects the spirit of Governor Mark Gordon’s calls for “Wyoming to lead this nation to a net negative standard and… to achieve this goal while fully supporting an all of the above energy approach. If we all work together, Wyoming will continue to supply energy to consumers across the nation using wind, solar, nuclear, hydrogen and fossil fuels, all while reducing carbon emission.”1

"This award from the Department of Energy is a tremendous first step for our consortium to realize 'Project WyoTCH,' a statewide CO2 transportation system that will manage tens of millions of tonnes of CO2 all across Wyoming. Project WyoTCH is a key piece of the State's net zero economy goal, bringing together current and future low-carbon energy investments including CO2 storage projects such as the DOE’s CarbonSAFEs and future direct air capture (DAC) hubs. We are particularly excited by the commitment to work with Wyoming's Tribal communities and organizations and other stakeholders across Wyoming to deliver carbon solutions throughout Wyoming." - Richard Middleton, CEO of Carbon Solutions.

About Carbon Solutions

Carbon Solutions LLC (“Carbon Solutions”) is a mission-driven, fast-growing company that addresses low-carbon energy challenges through R&D, consulting and services, and software development. Energy applications include CO2 capture and storage (CCS), direct air capture (DAC), hydrogen, geothermal energy, wind energy, energy storage, and energy equity and environmental justice. The company uses a range of data analytics and other technical approaches including infrastructure optimization, GIScience, life cycle assessment (LCA), technoeconomic assessment (TEA), reservoir simulation, machine learning, and policy analysis. For more information, visit www.carbonsolutionsllc.com.

About Carbonvert

Carbonvert Inc. (“Carbonvert”) is a carbon capture and storage project development and finance company that simplifies decarbonization for industrial clients. Senior leadership at Carbonvert has extensive experience with large-scale CO2 projects and has designed, secured environmental and CO2 storage permits, and completed and operated large-scale carbon capture, transportation, and storage projects notably Bayou Bend CCS in Southeast Texas, Quest CCS in Alberta, Canada, and In Salah in Algeria. For more information, visit www.carbonvert.com.

About Glenrock Energy

Glenrock Energy, LLC (“Glenrock”) is a Casper, Wyoming-based carbon management and upstream energy company. Glenrock is developing carbon capture and clean ammonia related energy transition projects. Glenrock also owns and operates mineral properties in the Powder River Basin that are being developed as part of a large carbon storage hub with low-carbon oil and geological sequestration CO2 storage options. For more information, visit www.glenrockpetroleum.com.

About Kanata America

Kanata America Inc., based in Cheyenne, Wyoming, is a wholly-owned subsidiary of Kanata Clean Power & Climate Technologies Corp. (“Kanata”) an Alberta corporation. Kanata is a developer, builder, owner, and operator of decarbonization intellectual property and infrastructure assets. Kanata’s primary investor is Frog Lake First Nations #121 & #122, an Alberta-based Treaty Six First Nation. Kanata’s core mission is to be a leader in economic reconciliation through the co-development of Net Zero and Net Negative decarbonization infrastructure with interested Tribal and First Nations. For more information, visit www.kanataclean.com.

About Live Oak Environmental

Live Oak Environmental is a carbon management focused operating company dedicated to solving the complexities of large-scale carbon dioxide sequestration projects. Live Oak brings the expertise of delivering geological identification, land acquisition, UIC permitting, as well as complete life cycle carbon management to our partners. We align our projects with industry leaders to ensure carbon-neutral projects are efficiently and economically operated. Live Oak’s alignment and dedication with these partners is a testament that we strive to make an impact on the carbon management challenges our nation is faced with today. For more information, visit https://www.liveoak-environmental.com.

About Williams

As the world demands reliable, low-cost, low-carbon energy, Williams (NYSE: WMB) will be there with the best transport, storage, and delivery solutions to reliably fuel the clean energy economy. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment-grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation, storage, wholesale marketing, and trading of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams connects the best supplies with the growing demand for clean energy. Williams owns and operates more than 33,000 miles of pipelines system wide—including Transco, the nation’s largest volume and fastest growing pipeline—and handles approximately one-third of the natural gas in the United States that is used every day for clean-power generation, heating, and industrial use. Learn how the company is leveraging its nationwide footprint to incorporate clean hydrogen, NextGen Gas, and other innovations at www.williams.com.

About INTERA Incorporated

An international geosciences and engineering consulting firm, INTERA Incorporated (“INTERA”) offers the expertise and experience needed to help move carbon capture and transport into geologic carbon storage. Founded in 1974, INTERA is a leader in developing and applying numerical models to support environmental and natural resource management issues, including groundwater and vadose zone flow and transport and performance assessment of geologic waste isolation systems. Our expertise includes site characterization, environmental impact assessments, site remediation and reclamation, water resource planning, environmental system modeling, and risk and decision analysis. INTERA staff brings over a decade of experience in developing conceptual and numerical models of complex CO2 storage sites in the United States, Canada, and Europe at both the regional and local scales. For more information, visit www.intera.com.

About the Enhanced Oil Recovery Institute

Wyoming’s Enhanced Oil Recovery Institute (EORI) was created in 2004 by State Statute and is financially supported by the State to work with Wyoming energy companies to increase tax revenues of the state. EORI is Wyoming's only institution devoted to improving and enhancing recovery of hydrocarbons in Wyoming fields. The mission and focus of EORI is to facilitate meaningful, measurable, and economically viable solutions to increase recoverable reserves and production in Wyoming that may otherwise not be realized. The State of Wyoming benefits from the work at EORI through additional tax revenues to the State. EORI’s goals include the evaluation of new technologies for improving and enhancing energy recovery, the transfer of relevant new technologies throughout the energy industry in the state, facilitating access to data and interpretations through online programs, and promoting technology transfer. For more information, visit www.eoriwyoming.org.

CAUTION REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. Kanata’s actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Kanata operates, prevailing economic conditions, changes to Kanata’s strategic growth plans, and other factors, many of which are beyond the control of Kanata.  Kanata believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents Kanata’s expectations as of the date hereof, and is subject to change after such date. Kanata disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

1 https://www.energy.senate.gov/services/files/BAEB9A1D-6D39-48E4-8099-2310FCDE2301

Copyright (c) 2023 TheNewswire - All rights reserved.