The document discusses Texas legislation and incentives that aim to promote clean coal technology and carbon capture, utilization, and storage (CCUS) projects, including tax incentives, grants, regulatory streamlining, and clarification of liability issues in order to encourage the development of advanced coal plants that deploy CCUS technologies to reduce carbon dioxide emissions.
Asserting Carbon Offsets from Landfill Gas Flaring at Regina’s Landfill Site - Presented at SWANA 5th Canadian Waste Symposium, Banff, Alberta April 21, 2010 By: Paresh Thanawala, P.Eng; QEP
Capital Power March 2016 Investor PresentationCapital Power
This document provides an overview and summary of Capital Power's presentation to investors in March 2016. It discusses:
- The Alberta Climate Leadership Plan including the carbon price, accelerated phase-out of coal by 2030, and renewable energy incentives.
- The expected financial impacts of the plan on Capital Power, including higher compliance costs offset by higher power prices and utilization of carbon credits through 2020.
- Capital Power's financial performance in 2015, growth opportunities, strong contracted cash flows, dividend growth targets, and financial strength.
- The outlook for the Alberta power market including modest demand growth and forecasts for higher power prices as coal is phased out.
Germany's decision to phase out nuclear power over the next 11 years will impact carbon prices in the EU. The newsletter discusses various carbon market highlights including an increase in new CDM projects and issuance of CERs in May. It also provides updates on VER and CER prices globally and previews upcoming carbon events.
GC Environmental Commodities Newsletter - June 2011Rameez Shaikh
Germany's decision to shut all nuclear power plants over the next 11 years has turned projections of carbon offset prices bullish again. Emissions in the EU ETS were 3% higher in 2010 than 2009 but still below the cap. The CDM project pipeline saw 141 new projects in May, the highest since 2007-2008. REC prices in India were low in April and May despite increased trading volumes as sellers lowered prices. Implementation hurdles remain for the REC mechanism in India regarding regulatory clarity and eligibility issues for some captive power generators. Watershed management programs in India may be eligible to earn carbon credits but require an approved methodology.
Chesapeake Energy Corporation reported financial and operational results for Q4 2012 and full year 2012. For Q4, net income was $257 million and adjusted EBITDA was $1.089 billion. Production averaged 3.931 billion cubic feet equivalent per day, up 9% from Q4 2011. Liquids production increased 39% year-over-year to 147,500 barrels per day. For 2012, the net loss was $940 million and adjusted EBITDA was $3.754 billion. Production averaged 3.886 billion cubic feet equivalent per day, up 19% from 2011. The company added 5.0 trillion cubic feet equivalent of proved reserves in 2012.
This presentation describes the federal incentives under the Stimulus Bill for renewable energy, energy efficiency, carbon capture and storage, and alternative transportation fuels. There are significant incentives available for these and other related developing technologies and companies engaged in these projects.
Island states - Renewable Energy Policy PioneersLeonardo ENERGY
As the cost of renewable energy technologies (RETs) has declined in recent years, many jurisdictions around the world are now faced with a market in which customer-sited generation is cheaper than power from the grid, a transformation that will have significant implications for renewable electricity (RE) development in the years ahead. Rather than paying a cost-based price for RE generation (as under many feed-in tariffs), or allowing onsite generation to be credited at the full retail rate (as under net metering) – two common approaches in mainland markets – island jurisdictions are beginning to introduce new kinds of policies to adapt to a world in which customer-sited RETs can generate power more cost-effectively than centralized supply options. Nowhere is this transformation more apparent than in island grids, where imported diesel and/or heavy fuel oil often result in generation costs above USD $0.50/kWh.
As this innovation advances, island jurisdictions are becoming policy laboratories, showcasing new ways of attempting to balance the solvency of the electricity system (including generation, transmission, and distribution) with the rapid rise of customer-sited generation. In the process, this webinar will examine whether island jurisdictions are indeed pointing the way forward, and if so, what it could mean for the future of renewable electricity policy.
http://www.leonardo-energy.org/webinar/island-states-renewable-energy-policy-pioneers
the presentation was given at the 2009 Green Building and Energy Efficiency International Conference in August in Shanghai, China. The conference was organized by McGraw-Hill and sponsored by U.S. DOE, USGBC, Shanghai Green Building Council, etc.
Asserting Carbon Offsets from Landfill Gas Flaring at Regina’s Landfill Site - Presented at SWANA 5th Canadian Waste Symposium, Banff, Alberta April 21, 2010 By: Paresh Thanawala, P.Eng; QEP
Capital Power March 2016 Investor PresentationCapital Power
This document provides an overview and summary of Capital Power's presentation to investors in March 2016. It discusses:
- The Alberta Climate Leadership Plan including the carbon price, accelerated phase-out of coal by 2030, and renewable energy incentives.
- The expected financial impacts of the plan on Capital Power, including higher compliance costs offset by higher power prices and utilization of carbon credits through 2020.
- Capital Power's financial performance in 2015, growth opportunities, strong contracted cash flows, dividend growth targets, and financial strength.
- The outlook for the Alberta power market including modest demand growth and forecasts for higher power prices as coal is phased out.
Germany's decision to phase out nuclear power over the next 11 years will impact carbon prices in the EU. The newsletter discusses various carbon market highlights including an increase in new CDM projects and issuance of CERs in May. It also provides updates on VER and CER prices globally and previews upcoming carbon events.
GC Environmental Commodities Newsletter - June 2011Rameez Shaikh
Germany's decision to shut all nuclear power plants over the next 11 years has turned projections of carbon offset prices bullish again. Emissions in the EU ETS were 3% higher in 2010 than 2009 but still below the cap. The CDM project pipeline saw 141 new projects in May, the highest since 2007-2008. REC prices in India were low in April and May despite increased trading volumes as sellers lowered prices. Implementation hurdles remain for the REC mechanism in India regarding regulatory clarity and eligibility issues for some captive power generators. Watershed management programs in India may be eligible to earn carbon credits but require an approved methodology.
Chesapeake Energy Corporation reported financial and operational results for Q4 2012 and full year 2012. For Q4, net income was $257 million and adjusted EBITDA was $1.089 billion. Production averaged 3.931 billion cubic feet equivalent per day, up 9% from Q4 2011. Liquids production increased 39% year-over-year to 147,500 barrels per day. For 2012, the net loss was $940 million and adjusted EBITDA was $3.754 billion. Production averaged 3.886 billion cubic feet equivalent per day, up 19% from 2011. The company added 5.0 trillion cubic feet equivalent of proved reserves in 2012.
This presentation describes the federal incentives under the Stimulus Bill for renewable energy, energy efficiency, carbon capture and storage, and alternative transportation fuels. There are significant incentives available for these and other related developing technologies and companies engaged in these projects.
Island states - Renewable Energy Policy PioneersLeonardo ENERGY
As the cost of renewable energy technologies (RETs) has declined in recent years, many jurisdictions around the world are now faced with a market in which customer-sited generation is cheaper than power from the grid, a transformation that will have significant implications for renewable electricity (RE) development in the years ahead. Rather than paying a cost-based price for RE generation (as under many feed-in tariffs), or allowing onsite generation to be credited at the full retail rate (as under net metering) – two common approaches in mainland markets – island jurisdictions are beginning to introduce new kinds of policies to adapt to a world in which customer-sited RETs can generate power more cost-effectively than centralized supply options. Nowhere is this transformation more apparent than in island grids, where imported diesel and/or heavy fuel oil often result in generation costs above USD $0.50/kWh.
As this innovation advances, island jurisdictions are becoming policy laboratories, showcasing new ways of attempting to balance the solvency of the electricity system (including generation, transmission, and distribution) with the rapid rise of customer-sited generation. In the process, this webinar will examine whether island jurisdictions are indeed pointing the way forward, and if so, what it could mean for the future of renewable electricity policy.
http://www.leonardo-energy.org/webinar/island-states-renewable-energy-policy-pioneers
the presentation was given at the 2009 Green Building and Energy Efficiency International Conference in August in Shanghai, China. The conference was organized by McGraw-Hill and sponsored by U.S. DOE, USGBC, Shanghai Green Building Council, etc.
Ireland faces challenges meeting its 2020 EU targets for reducing greenhouse gas emissions and increasing renewable energy. Continuing on the current baseline projections would require significant investment in wind power and incur high costs. Instead, focusing first on reducing energy consumption and emissions from transport through supply chain management could help meet emission targets at lower cost. Investing in biomass from short rotation forestry to replace peat in existing power stations would further reduce costs while creating rural jobs, compared to installing more wind turbines. With the right strategy emphasizing energy efficiency and biomass over wind, Ireland can comply with EU targets at much lower overall expense.
The San Francisco Tax Lien Financing Program provides secure financing for commercial building clean energy upgrades through property assessed clean energy (PACE) programs. PACE programs allow property owners to finance 100% of energy efficiency, renewable energy, and water conservation upgrades, with repayment as a line item on annual property tax bills for up to 20 years. This transfers repayment obligations to future owners and provides long-term, low-cost financing. Eligible projects include measures like cool roofs, HVAC upgrades, and lighting that reduce energy use and costs. An example projects saves $40,000 annually from $150,000 in energy savings, increasing the property value by $533,000 without direct costs to the owner.
This supplemental decision by the Nova Scotia Utility and Review Board provides context and analysis regarding NSP Maritime Link Inc.'s compliance filing to satisfy conditions imposed in the Board's previous approval of the Maritime Link Project. Specifically, the Board assesses whether the newly executed Energy Access Agreement satisfies the key condition of providing NSPI access to Nalcor's market-priced energy. The Board also considers appropriate reporting requirements for NSPML and whether other conditions have been addressed.
Spectra Energy reported third quarter 2007 results with ongoing net income of $240 million, up 32% from the prior year. Key highlights included strong performance from US Transmission and Distribution businesses, as well as progress on their $3 billion 2007-2009 capital investment program with $625-650 million expected to be completed by the end of 2007. Management remains confident in meeting 2007 financial goals and delivering steady growth and attractive dividends.
Petdrill Development Company is proposing a gas conversion complex project in Delta State, Nigeria. The project will convert flared gas into valuable products like LPG, methanol, ethanol and urea. It is expected to cost $1.8 billion and will create 25,000 jobs. Financial projections estimate annual revenue of $693 million and yearly profits of $392 million. The project is viable due to Nigeria's gas resources and demand for the products. Mitsui has signed a 20-year off-take agreement, providing guaranteed revenue. The project will benefit the local community through discounted product prices and improved social services.
The document summarizes Progress Energy's Q3 2008 earnings call. It discusses ongoing earnings of $306M for Q3 2008, regulatory updates in the Carolinas and Florida, energy efficiency and alternative energy programs, and $7-8B in capital expenditures through 2013 for major generation projects. Cost controls have kept year-to-date O&M expenses flat compared to 2007 despite 2.5% reported growth. Customer growth has been positive but milder weather reduced retail usage. Guidance of $2.95-3.05 for 2008 ongoing earnings is maintained based on a trailing 12-month EPS of $2.91. Liquidity remains strong with $1.9B in available credit facilities and cash.
This document provides a business plan for Hera Group from 2013. It outlines key strategic priorities such as developing energy upstream and trading activities, exploiting waste management assets, strengthening regulated activities, and pursuing external growth opportunities. The plan projects Ebitda to increase by €192 million to €720 million by 2013 through contributions from new plants, synergies, and organic growth. Specific initiatives to be accomplished by the end of 2009 include acquiring gas and district heating networks, reorganizing territorial operating units, and acquiring a 25% stake in Aimag.
July 2010 - Michigan Energy Forum - Robert H. GermanAnnArborSPARK
Bob German from DTE Energy presents: An overview of carbon markets including policy and the value chain - Types of carbon projects being developed - Typical carbon transaction structures - How can I get involved in the carbon space?
The Cross-State Air Pollution Rule establishes cap-and-trade programs to reduce emissions from over 1,000 power plants across 27 states. It aims to reduce SO2 emissions by 73% and NOx by 54% from 2005 levels. The rule creates four trading programs for SO2 and NOx emissions and requires affected sources to hold allowances equal to their emissions. States can develop their own implementation plans or follow EPA's federal plan, which allocates allowances based on units' historic emissions. Key compliance dates are January 1, 2012 for annual programs and May 1, 2012 for the seasonal NOx program.
The document provides an overview of carbon credits and the carbon market. It discusses key topics like global warming, the IPCC, UNFCCC, and Kyoto Protocol. The Kyoto Protocol established a carbon market and flexible mechanisms like emissions trading, clean development mechanism (CDM), and joint implementation. CDM projects generate carbon credits that can be sold on the market. Requirements for CDM projects and examples of sectors are also outlined. Registry systems are described that record and verify transactions of carbon credits between countries.
GC Environmental Commodities Newsletter - July 2011Rameez Shaikh
The newsletter summarizes the latest news and developments in the carbon market from the previous month. It highlights that CDM project registration and issuance reached record levels in June. The EU clarified that carbon credits generated by CPAs added to registered PoAs after 2012 will still be eligible under Phase III of the EU ETS. Analysts have revised down CER price projections for the current and next EU ETS phase to around €15. In India, the CERC has proposed reducing REC prices for the upcoming fiscal year and the country remains an attractive destination for renewable energy investment.
- Revenue for the company declined 21.3% in the first six months of the fiscal year due to short term market factors impacting results. EBITA and earnings per share also declined.
- The company incurred £13.6 million in exceptional restructuring costs related to redundancies and property exits in response to reduced government funding.
- While activity levels were lower in the first half, they are expected to significantly increase in the second half of the fiscal year. The company remains focused on opportunities in renewable energy, energy efficiency, and managed services.
The document provides a summary of CPFL Energia's 3Q17 results. Some key highlights include:
- Net operating revenue increased 62.7% and EBITDA increased 13.8% compared to 3Q16.
- Investments totaled R$544 million in the quarter. Net debt was R$13.7 billion with leverage of 3.24x.
- Energy sales increased 18.4% compared to 3Q16, driven in part by the acquisition of RGE Sul. Excluding RGE Sul, sales increased 3.2% in the concession area.
- EBITDA growth was driven by higher sales from the distribution business including RGE Sul, as well as the start
This document provides a summary of CPFL Energia's business for 3Q15. It discusses CPFL Energia's history of expansion since privatization in 1998 through acquisitions and greenfield projects. It outlines CPFL Energia's key business segments including distribution, generation, trading, and services. For each segment, it provides financial highlights for the period of 2010-3Q15 including net revenues, EBITDA, and net income. It also summarizes CPFL Energia's ambitions for future growth across its business segments.
Corporate Presentantion CPFL Energia June 2015CPFL RI
This document provides an overview of CPFL Energia's history and operations from 1997 to 2015. It discusses CPFL Energia's expansion through acquisitions and greenfield projects in distribution, generation, and renewable energy. It also summarizes the company's financial performance over time and highlights its ambitions going forward to maintain leadership in operating efficiency across its business segments.
The document provides an overview of the city gas distribution (CGD) business in India. It discusses India's natural gas supply sources and infrastructure requirements for CGD, including pipelines for transportation and CNG stations for distribution. It also covers the regulatory environment, growth potential and key issues around CGD project management, marketing, customer service, commercialization, safety and regulation in India.
UNFCCC - RE Project Funding International presentationHoward Barmil
This document discusses opportunities for business development related to the Kyoto Protocol's flexible mechanisms. It outlines how developing projects to reduce greenhouse gas emissions can generate carbon credits that are valuable commodities. Specifically, it examines how developing biogas projects from waste sources could qualify for the Clean Development Mechanism. Such projects require expertise in project development, financing, carbon market rules, and managing an international business. Developing standardized project models and strategic partnerships with governments could help realize the significant potential for greenhouse gas reductions and carbon credit generation across various industry sectors.
1) CPFL Energia is the largest integrated private electricity company in Brazil with a market cap of R$27.5 billion. It has leadership positions in distribution, generation from renewable sources, and energy trading and services.
2) The company has 9 distribution subsidiaries serving over 9 million customers. Its generation portfolio has 3,283 MW of installed capacity, 95% from renewable sources.
3) For the last 12 months (LTM) as of 3Q17, CPFL Energia reported EBITDA of R$4.5 billion and net income of R$883 million. The company aims to increase operational efficiency through technology and pursue strategic growth opportunities.
Corporate Presentation CPFL Energia - Janeiro 2016CPFL RI
This document provides an overview of CPFL Energia, the largest integrated private electricity company in Brazil. Some key points:
- CPFL Energia has a market capitalization of R$15 billion and operates in distribution, generation, trading, and services.
- In distribution, CPFL has 8 subsidiaries serving 7.7 million customers. In generation, CPFL has 3,129MW of installed capacity, 94% from renewable sources, making it the largest renewable energy portfolio in Brazil.
- Financially, CPFL reported R$4 billion in EBITDA and R$1.2 billion in net income for the last 12 months ending 3Q15. Key growth areas include renewable energy
EMA 2009 - 2012 & Beyond: Operating in a Carbon Constrained Environment -...fijigeorge
Presentation reviews potential legislative and regulatory issues that could impact operations of a natural gas company. Also, provides organizational response to upcoming carbon legislation/regulation
Ireland faces challenges meeting its 2020 EU targets for reducing greenhouse gas emissions and increasing renewable energy. Continuing on the current baseline projections would require significant investment in wind power and incur high costs. Instead, focusing first on reducing energy consumption and emissions from transport through supply chain management could help meet emission targets at lower cost. Investing in biomass from short rotation forestry to replace peat in existing power stations would further reduce costs while creating rural jobs, compared to installing more wind turbines. With the right strategy emphasizing energy efficiency and biomass over wind, Ireland can comply with EU targets at much lower overall expense.
The San Francisco Tax Lien Financing Program provides secure financing for commercial building clean energy upgrades through property assessed clean energy (PACE) programs. PACE programs allow property owners to finance 100% of energy efficiency, renewable energy, and water conservation upgrades, with repayment as a line item on annual property tax bills for up to 20 years. This transfers repayment obligations to future owners and provides long-term, low-cost financing. Eligible projects include measures like cool roofs, HVAC upgrades, and lighting that reduce energy use and costs. An example projects saves $40,000 annually from $150,000 in energy savings, increasing the property value by $533,000 without direct costs to the owner.
This supplemental decision by the Nova Scotia Utility and Review Board provides context and analysis regarding NSP Maritime Link Inc.'s compliance filing to satisfy conditions imposed in the Board's previous approval of the Maritime Link Project. Specifically, the Board assesses whether the newly executed Energy Access Agreement satisfies the key condition of providing NSPI access to Nalcor's market-priced energy. The Board also considers appropriate reporting requirements for NSPML and whether other conditions have been addressed.
Spectra Energy reported third quarter 2007 results with ongoing net income of $240 million, up 32% from the prior year. Key highlights included strong performance from US Transmission and Distribution businesses, as well as progress on their $3 billion 2007-2009 capital investment program with $625-650 million expected to be completed by the end of 2007. Management remains confident in meeting 2007 financial goals and delivering steady growth and attractive dividends.
Petdrill Development Company is proposing a gas conversion complex project in Delta State, Nigeria. The project will convert flared gas into valuable products like LPG, methanol, ethanol and urea. It is expected to cost $1.8 billion and will create 25,000 jobs. Financial projections estimate annual revenue of $693 million and yearly profits of $392 million. The project is viable due to Nigeria's gas resources and demand for the products. Mitsui has signed a 20-year off-take agreement, providing guaranteed revenue. The project will benefit the local community through discounted product prices and improved social services.
The document summarizes Progress Energy's Q3 2008 earnings call. It discusses ongoing earnings of $306M for Q3 2008, regulatory updates in the Carolinas and Florida, energy efficiency and alternative energy programs, and $7-8B in capital expenditures through 2013 for major generation projects. Cost controls have kept year-to-date O&M expenses flat compared to 2007 despite 2.5% reported growth. Customer growth has been positive but milder weather reduced retail usage. Guidance of $2.95-3.05 for 2008 ongoing earnings is maintained based on a trailing 12-month EPS of $2.91. Liquidity remains strong with $1.9B in available credit facilities and cash.
This document provides a business plan for Hera Group from 2013. It outlines key strategic priorities such as developing energy upstream and trading activities, exploiting waste management assets, strengthening regulated activities, and pursuing external growth opportunities. The plan projects Ebitda to increase by €192 million to €720 million by 2013 through contributions from new plants, synergies, and organic growth. Specific initiatives to be accomplished by the end of 2009 include acquiring gas and district heating networks, reorganizing territorial operating units, and acquiring a 25% stake in Aimag.
July 2010 - Michigan Energy Forum - Robert H. GermanAnnArborSPARK
Bob German from DTE Energy presents: An overview of carbon markets including policy and the value chain - Types of carbon projects being developed - Typical carbon transaction structures - How can I get involved in the carbon space?
The Cross-State Air Pollution Rule establishes cap-and-trade programs to reduce emissions from over 1,000 power plants across 27 states. It aims to reduce SO2 emissions by 73% and NOx by 54% from 2005 levels. The rule creates four trading programs for SO2 and NOx emissions and requires affected sources to hold allowances equal to their emissions. States can develop their own implementation plans or follow EPA's federal plan, which allocates allowances based on units' historic emissions. Key compliance dates are January 1, 2012 for annual programs and May 1, 2012 for the seasonal NOx program.
The document provides an overview of carbon credits and the carbon market. It discusses key topics like global warming, the IPCC, UNFCCC, and Kyoto Protocol. The Kyoto Protocol established a carbon market and flexible mechanisms like emissions trading, clean development mechanism (CDM), and joint implementation. CDM projects generate carbon credits that can be sold on the market. Requirements for CDM projects and examples of sectors are also outlined. Registry systems are described that record and verify transactions of carbon credits between countries.
GC Environmental Commodities Newsletter - July 2011Rameez Shaikh
The newsletter summarizes the latest news and developments in the carbon market from the previous month. It highlights that CDM project registration and issuance reached record levels in June. The EU clarified that carbon credits generated by CPAs added to registered PoAs after 2012 will still be eligible under Phase III of the EU ETS. Analysts have revised down CER price projections for the current and next EU ETS phase to around €15. In India, the CERC has proposed reducing REC prices for the upcoming fiscal year and the country remains an attractive destination for renewable energy investment.
- Revenue for the company declined 21.3% in the first six months of the fiscal year due to short term market factors impacting results. EBITA and earnings per share also declined.
- The company incurred £13.6 million in exceptional restructuring costs related to redundancies and property exits in response to reduced government funding.
- While activity levels were lower in the first half, they are expected to significantly increase in the second half of the fiscal year. The company remains focused on opportunities in renewable energy, energy efficiency, and managed services.
The document provides a summary of CPFL Energia's 3Q17 results. Some key highlights include:
- Net operating revenue increased 62.7% and EBITDA increased 13.8% compared to 3Q16.
- Investments totaled R$544 million in the quarter. Net debt was R$13.7 billion with leverage of 3.24x.
- Energy sales increased 18.4% compared to 3Q16, driven in part by the acquisition of RGE Sul. Excluding RGE Sul, sales increased 3.2% in the concession area.
- EBITDA growth was driven by higher sales from the distribution business including RGE Sul, as well as the start
This document provides a summary of CPFL Energia's business for 3Q15. It discusses CPFL Energia's history of expansion since privatization in 1998 through acquisitions and greenfield projects. It outlines CPFL Energia's key business segments including distribution, generation, trading, and services. For each segment, it provides financial highlights for the period of 2010-3Q15 including net revenues, EBITDA, and net income. It also summarizes CPFL Energia's ambitions for future growth across its business segments.
Corporate Presentantion CPFL Energia June 2015CPFL RI
This document provides an overview of CPFL Energia's history and operations from 1997 to 2015. It discusses CPFL Energia's expansion through acquisitions and greenfield projects in distribution, generation, and renewable energy. It also summarizes the company's financial performance over time and highlights its ambitions going forward to maintain leadership in operating efficiency across its business segments.
The document provides an overview of the city gas distribution (CGD) business in India. It discusses India's natural gas supply sources and infrastructure requirements for CGD, including pipelines for transportation and CNG stations for distribution. It also covers the regulatory environment, growth potential and key issues around CGD project management, marketing, customer service, commercialization, safety and regulation in India.
UNFCCC - RE Project Funding International presentationHoward Barmil
This document discusses opportunities for business development related to the Kyoto Protocol's flexible mechanisms. It outlines how developing projects to reduce greenhouse gas emissions can generate carbon credits that are valuable commodities. Specifically, it examines how developing biogas projects from waste sources could qualify for the Clean Development Mechanism. Such projects require expertise in project development, financing, carbon market rules, and managing an international business. Developing standardized project models and strategic partnerships with governments could help realize the significant potential for greenhouse gas reductions and carbon credit generation across various industry sectors.
1) CPFL Energia is the largest integrated private electricity company in Brazil with a market cap of R$27.5 billion. It has leadership positions in distribution, generation from renewable sources, and energy trading and services.
2) The company has 9 distribution subsidiaries serving over 9 million customers. Its generation portfolio has 3,283 MW of installed capacity, 95% from renewable sources.
3) For the last 12 months (LTM) as of 3Q17, CPFL Energia reported EBITDA of R$4.5 billion and net income of R$883 million. The company aims to increase operational efficiency through technology and pursue strategic growth opportunities.
Corporate Presentation CPFL Energia - Janeiro 2016CPFL RI
This document provides an overview of CPFL Energia, the largest integrated private electricity company in Brazil. Some key points:
- CPFL Energia has a market capitalization of R$15 billion and operates in distribution, generation, trading, and services.
- In distribution, CPFL has 8 subsidiaries serving 7.7 million customers. In generation, CPFL has 3,129MW of installed capacity, 94% from renewable sources, making it the largest renewable energy portfolio in Brazil.
- Financially, CPFL reported R$4 billion in EBITDA and R$1.2 billion in net income for the last 12 months ending 3Q15. Key growth areas include renewable energy
EMA 2009 - 2012 & Beyond: Operating in a Carbon Constrained Environment -...fijigeorge
Presentation reviews potential legislative and regulatory issues that could impact operations of a natural gas company. Also, provides organizational response to upcoming carbon legislation/regulation
This document summarizes information from a presentation on carbon capture tax incentives. It discusses the Section 45Q tax credit, including how it works, qualifying criteria, and credit amounts. It was significantly expanded by the Inflation Reduction Act of 2022, which increased credit amounts and extended eligibility. Typical tax equity partnership structures that monetize the credits are described. The presentation also covers direct pay options, deal terms, and how the Low Carbon Fuel Standard program in California and other states creates additional monetization opportunities for carbon capture projects.
Summit Power Group is a developer of clean energy projects including carbon capture and storage (CCS) technologies. Sasha Mackler discussed Summit's focus on developing CCS projects to provide CO2 for enhanced oil recovery and produce low-carbon electricity. Mackler outlined two of Summit's major CCS projects - the Texas Clean Energy Project, a coal gasification facility that will capture 3 million tons of CO2 per year, and the Captain Clean Energy Project in the UK, which will capture over 3.8 million tons of CO2 per year from an integrated gasification combined cycle facility. Mackler noted that while CCS technologies are commercially viable, successful large-scale projects are still needed to demonstrate the business case for implementing C
FIRST WAVE OF INCENTIVE-DRIVEN CCS PROJECTS PERMITTED IN NORTH DAKOTA, U.S.iQHub
The document summarizes carbon capture and storage (CCS) projects in North Dakota that have received regulatory permits. It describes the adaptive management approach used to balance technical and financial risks during project development. It provides timelines and details of CCS projects like Red Trail Energy's ethanol plant capturing 3 million tons of CO2 and injecting it into the Broom Creek formation. It also outlines North Dakota's regulatory framework and incentives to support CCS deployment like the 45Q tax credit and how projects integrate different incentive programs and regulatory requirements.
The document discusses various bills passed in Texas between 2007-2009 to incentivize carbon capture and storage projects. It outlines incentives like grants, tax credits, exemptions, and clarified regulations to attract early clean energy projects. Key bills established a new technology grant program, franchise tax credits up to $100 million for three projects, and extended property and sales tax abatements for carbon storage facilities.
TGI is Colombia's largest natural gas transportation company with a network of 3,957 km of pipelines. It held a market share of 47.6% as of 3Q 2013. TGI is undertaking several expansion projects to increase capacity, such as the Cusiana-Apiay-San Fernando expansion and the La Sabana compression plant. TGI has a stable revenue stream under long-term contracts and a strong financial position. The regulatory framework for the natural gas sector in Colombia is undergoing changes aimed at developing a competitive market.
The Asia CCUS Network has been successfully launched on 22-23 June 2021 with initially 13 countries (all ASEAN member countries, the United States, Australia, and Japan) and more than 100 international organisations, companies, financial and research institutions that share the vision of CCUS development throughout the Asian region.
The Network members have expressed their intention to participate to share the vision of the Asia CCUS Network that aims to contribute to the decarbonisation of emissions in Asia through collaboration and cooperation on development and deployment of CCUS.
The Asia CCUS Network provides opportunities for countries in the region to work and collaborate on the low emission technology partnership that will eventually help to build countries’ capability to lower the cost of CCUS technology and its deployment through the collaboration of research and innovation.
At the 2nd Asia CCUS Network (ACN) Knowledge Sharing Conference, the Asia CCUS Network is very pleased to invite experts from the Department of Energy, United States of America (USDOE) to share their insights and experiences about CCUS development and policy to support the deployment of CCUS technology.
The ACN will be an active forum to bridge the knowledge gap on CCUS technologies, policy development to support the development and deployment of CCUS in Asia. Thus, this conference hosted in collaboration with IEA will help to bring in update knowledge, opportunity for investment in CCUS in Asia.
Regulatory Update: Introduction to Bill 135 and Environmental Policies Impact...Enercare Inc.
Enercare’s 3rd annual Thought Leadership event series, Energy Management: What’s New and What’s Next, explores energy conservation opportunities, the latest technologies and regulations shaping the multi-residential and commercial building management space.
Significant new regulations are moving to be implemented in Ontario, and each one may shape the way your property uses energy for years to come. The three major drivers of this change will be the Ontario's Climate Change Action Plan, Carbon Cap and Trade, and Energy Performance Disclosure regulations.
An explanation to: How will your day-to-day activities change? What preparation is needed to manage costs and risks to your business? How can you take advantage of upcoming opportunities?
Presented by: David Stevens, Partner, Aird & Berlis LLP
Introduction to the draft greenhouse gas emissions(director's report) regulat...CDSB
Please note that the contents of this presentation are outdated. For the most recent news, visit www.cdsb.net.
The Climate Disclosure Standards Board(CDSB) and the Carbon Disclosure Project(CDP) have hosted a webinar for the second time, to ensure your questions on the UK mandatory GHG emissions reporting legislation are answered. For further questions, please email us at info@cdsb.net.
xcel energy 3_19_2007MidwestInvMtgsSECMarch2007finance26
This document summarizes a presentation made by Xcel Energy to investors in March 2007. It outlines Xcel's strategy of sustainable growth through significant capital investments in regulated utility infrastructure and renewable energy. This will allow them to achieve earnings per share growth of 5-7% annually and dividend growth of 2-4% per year. Key capital investment opportunities include renewable projects, environmental initiatives, and transmission upgrades. Xcel has received constructive regulation allowing forward recovery for many major investments.
xcel energy 3_19_2007MidwestInvMtgsSECMarch2007finance26
This document summarizes a presentation made by Xcel Energy to investors in March 2007. It discusses Xcel's strategy of investing in regulated utility operations to drive sustainable earnings growth of 5-7% through initiatives like renewable energy, transmission expansion, and environmental upgrades. It also outlines Xcel's constructive regulatory relationships and cost recovery mechanisms across its eight-state service territory.
lo largo de estas jornadas, expertos nacionales e internacionales en el tema analizan la situación actual, tendencias futuras y principales retos que plantean los esquemas de reducción de emisiones y los mercados de carbono como herramientas en la lucha contra el calentamiento global, especialmente después de la cumbre de Copenhague. Anthony Hobley, Jefe de Cambio Climático y Finanzas de Carbono. Norton Rose LLP, participa con la ponencia "Regulación en los mercados de Carbono".
- The presentation discusses AEP's financial and regulatory performance in the first quarter of 2011, reaffirming earnings guidance for 2011 and 2012.
- It provides an overview of AEP's coal fleet and the potential capital costs to comply with proposed environmental rules from 2012-2020, estimating costs could range from $1.15 billion to $2.21 billion.
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4. Outline of Incentives
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales & Gross Receipts tax exemptions
3. Severance tax exemption for EOR using manmade CO2
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
5. HB 3732 (2007)(Rep. Hardcastle/Sen. Averitt)
HB 469 (2009)(Rep. King/Sen. Seliger) -
Two Categories of Clean Carbon Incentives:
“Advanced Clean Energy Projects (ACEPs)” and
“Clean Energy Projects (CEPs)”
“Advanced Clean Energy Projects (ACEPs)”
New sites and retrofits on existing sites (+slip streams)
Eligible Fuels: coal, petroleum coke, biomass, solid waste, or
fuel cells using hydrogen derived from such fuels
Capture & sequester 50% of the carbon dioxide emitted
from the facility (or the slip stream)
Eligible for all incentives except franchise tax credit
6. Two Categories of Clean Carbon
Incentives: “ACEPs” and “CEPs” (cont.)
“Clean Energy Projects (CEPs)”
Eligible for franchise tax credit
(Must be an ACEP to qualify for other incentives)
“Construction of new facility” required
Coal and petroleum coke projects only
200 Megawatt minimum capacity
Must capture & geologically sequester 70% of CO2
Must be capable of supplying the carbon dioxide
for an enhanced oil recovery (EOR) project
7. Two Categories of Clean Carbon
Incentives: “ACEPs” and “CEPs” (cont.)
Both categories of incentives are technology-neutral
Pre- and post-combustion technologies eligible
E.g., gasification, oxy-fuel, and post-combustion capture
Both categories must meet the following profile:
NOX—0.05 lb/MMbtu (0.034 lb/MMbtu for gasification)
SOX—99% control (0.04 lb/MMbtu for sub-bituminous coal)
Mercury—95% control
Particulate Matter—0.015 lb/MMBtu (references filterable
[“front-half] fraction)(not the condensable [“back-half”] fraction)
8. Periodic Review of Emissions Profile
• TCEQ to Issue Report to Legislature in 2010, 2012, & 2016 regarding
whether any element of the profile should be adjusted (up or down)
• If TCEQ determines that a commercially demonstrated electric generating
facility operating in the United States meets all the elements of the emissions
profile and is capturing and sequestering a greater percentage of CO2,
TCEQ is to recommend raising the CO2 capture requirement to that level.
• Factors to be considered include:
1. The technical and economic feasibility of meeting all of the elements of
the emissions profile in a commercially viable project and still use a
diverse range of fuels, including lignite; and
2. The adequacy of the incentives to continue to attract investment in and
federal funding for advanced clean energy projects in TX
• Adjustments to the profile do not apply to an application considered
administratively complete on or before the date the adjustment takes effect.
9. Outline of Incentives
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales & Gross Receipts tax exemptions
3. Severance tax exemption for EOR using manmade CO2
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
10. Local property tax abatements –
Tax Code Chapter 312
HB 3896 (Rep. Rene Oliveira/Sen. Kel Seliger)
Extends authority 10 years, to September 1, 2019
Would have expired this September
Clarifies eligibility of property on leased land
Clarifies that deferrals are available to better fit the
timelines of longer, more complex projects like
clean carbon facilities (similar to nuclear provisions)
11. Local property tax abatements –
Tax Code Ch. 313 value cap agreements
HB 3732 (2007) & HB 2994 (2007)
ACEPs and IGCC eligible for value cap agreements
HB 3676 (Rep. Joe Heflin/Sen. Kel Seliger)
Extends Texas Economic Development Act until
December 31, 2014
Clarifies eligibility of property on leased land
HB 469 & HB 3676
Adjusts time periods for ACEPs to better fit the timelines
of more complex projects like clean coal facilities
12. Pollution Control Property (PCP)
Property Tax Exemptions
TCEQ required to maintain a pre-determined equipment list (PEL) per
its “Prop. 2” process that will result in automatic exemption from local
property taxation for specified equipment (TCEQ decides what %)
TCEQ specifically instructed to include on the PEL methods of fuel
preparation, refining, and utilization previously not considered exempt
Examples of the 20+ items on the list:
fluidized bed combustion systems;
ultra-supercritical pulverized coal boilers;
syngas purification systems and gas-cleanup units;
fuel cells using hydrogen derived from coal and other feedstocks;
oxy-fuel combustion technology; and
coal cleaning or refining facilities.
13. Outline of Incentives
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales & Gross Receipts tax exemptions
3. Severance tax exemption for EOR using manmade CO2
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
14. Sales tax exemption for CCS equipment
Clarifies sales tax-exempt status of carbon capture,
transportation & injection equipment
Applies only to CO2 captured from man-made
“emission” source
Requires CO2 to be sequestered using “permanence”
standard of severance tax exemption
Implements recommendation in Governor’s
Competitiveness Council / Energy Report
15. Gross Receipts tax exemption
Sale of Electricity generated from ACEPs exempt from
gross receipts tax
This will effect around a 2% discount in the price of
power generated by these facilities
Texas utilities currently pay over $320 Million per year
in gross receipts tax
16. Outline of Incentives
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales & Gross Receipts tax exemptions
3. Severance tax exemption for EOR using manmade CO2
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
17. Severance Tax for oil recovered using CO2
captured from a manmade source
HB 3732 (2007) created a 75% tax exemption for oil recovered
using man-made CO2-EOR
HB 469 (2009) extends the term from 7 to 30 years for all projects
Will help spur early-mover CCS projects & establish
No Oil Revenue
transportation infrastructure projects or
Oil Revenue State Severance Tax
Economy Revenue
75% 25%
Manmade State
CO2 Recycled CO2 Treasury
Severance Tax
Exemption Revenue
Miscible Oil Oil
CO2 Zone Bank Recovery
Enhanced Oil Recovery (EOR) Stranded Oil (Needs EOR)
18. Outline of Incentives
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales & Gross Receipts tax exemptions
3. Severance tax exemption for EOR using manmade CO2
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
19. Franchise tax credits
Up to 3 projects get $100 million franchise tax credit
Credit may not exceed in any year the amount of
franchise tax attributable to the CEP that year
Railroad Commission certifies eligibility to comptroller
Bureau of Economic Geology (BEG) verifies
sequestration and must be paid fee for services
Interconnection agreement with the Electric Reliability
Council of Texas (ERCOT) required
20. Legislative objectives outline
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales tax exemption for Carbon (CO2 equipment)
3. Severance tax exemption for EOR
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
21. New Technology Grant Program
HB 1796 (Rep. Chisum/Sen. Watson)
As passed, contains “New Technology Grant Program”
initially proposed in SB 16 (Sen. Averitt/Rep. Cook)
Grant program funded by Texas Emission Reduction
Program (TERP)
Historically reserved for mobile sources
“Advanced Clean Energy Projects” specifically
referenced as eligible
In addition to energy storage and large emission reduction
projects involving at least $500 MM capital expense
22. Supplemental Appropriation Bill
(HB 4586 – Rep. Pitts)
“SECTION 79.
APPROPRIATIONS FOR ADVANCED CLEAN ENERGY PROJECT.
Amounts appropriated by Senate Bill 1, Acts of the 81st
Legislature, Regular Session, 2009 (the General
Appropriations Act), to the Trusteed Programs within the
Office of the Governor for transfer to the Texas Emerging
Technology Fund may be used for the two-year period
beginning on the effective date of this Act for
expenditures related to clean energy programs or
projects, as authorized by general law.”
23. Legislative objectives outline
A. TWO CATEGORIES OF CLEAN ENERGY PROJECTS
B. TAX INCENTIVES
1. Local property tax abatements
2. Sales tax exemption for Carbon (CO2 equipment)
3. Severance tax exemption for EOR
4. Franchise tax credits
C. GRANT PROGRAM
D. REGULATORY INCENTIVES & INITIATIVES
24. TCEQ Regulatory Incentives (HB 3732)
Time-Certain Permitting
• Technical Review is capped at 9 months
• Hearing process is capped at 9 months
• 3-month extension if TCEQ finds extraordinary burden on
docket from multiple applications
BACT/LAER Clarifications
• Emission levels achieved by ACEP are not considered
“achievable” for BACT or LAER review of other projects
• Technology need not be proven to be commercially
demonstrated for an applicant to pass BACT/LAER
25. RCT/TCEQ Jurisdiction over CCS –
SB 1387 (Sen. Seliger/Rep. Crownover)
Railroad Commission of Texas
Wells completed in reservoirs (1) initially or currently productive of
oil, gas, or geothermal resources or (2) completed in reservoirs
adjacent to same (conversion allowed)
Can charge fees & deposit in trust fund to pay for program
implementation, monitoring, inspection & enforcement
TCEQ Executive Director sign-off required
Texas Commission on Environmental Quality
Water Code reverts jurisdiction of all other injection wells back to
TCEQ (e.g., storage projects in brine/nonproductive reservoirs)
26. Ownership Clarification - SB 1387
Anthropogenic carbon dioxide stored in a geologic
storage facility is considered to be the property of the
storage operator
Alternative ownership can be designated by a contract,
bill of sale, deed, mortgage, deed of trust, or other
legally binding document
Absent a final judgment of willful abandonment
anthropogenic carbon dioxide stored in a geologic
storage facility is not considered owned by the surface or
mineral estate owner.
Key unresolved issues remain (pore space ownership,
liability protection, unitization, and regulatory jurisdiction)
27. SB 1387 Study Provisions
Joint study by RCT and TCEQ required so 82nd
Legislature can determine long-term division of
labor on carbon storage projects.
Study by GLO todevelop recommendations for
managing geologic storage of CO2 on state-owned
lands, including an assessment of storage capacity
and new legal and regulatory frameworks that
could be necessary
Joint study by GLO and BEG regarding the proper
regulation of geologic storage in saline formations
not productive of oil, gas or other geothermal
resources
28. Off-Shore Carbon Repository –
HB 1796 (Rep. Warren Chisum/Sen. Kirk Watson)
Map locating
CO2 storage
capacity in
brine reservoirs
beneath
State-owned
submerged
lands
Courtesy BEG
29. Off-Shore Carbon Repository –
HB 1796 (Rep. Warren Chisum/Sen. Kirk Watson)
Sets in motion an offshore carbon repository program
to be managed by the General Land Office (GLO)
BEG to work with GLO to fully characterize the
resource and establish protocols for injection
Once established, GLO allowed to charge fees for
injection (can be % of carbon sequestration credits)
State ownership addresses pore space ownership
and liability concerns that exist for other CCS projects
Will improve chances of major investment in CO2 capture facilities and
pipelines throughout Texas that can be tapped for enhanced oil recovery.
30. Texas Commission on
Environmental Quality
Procedures for issuing letters in conjunction with Class Rule Published: April 16, 2010
IIB well applications (SB 1387): Public Comment Until: May 17, 2010
Development of rules by which Executive Director may submit Public Hearing: May 12, 2010
letters to the RCT certifying that the proposed Class IIB well will To Be Adopted: August 25, 2010
not injure any freshwater strata and that the well will not be
injecting CO2 into any freshwater sands.
Amendment to Memorandum of Understanding Rule Published: April 16, 2010
Between TCEQ & RCT (SB 1387): Public Comment Until: May 17, 2010
Amendment of memorandum of understanding recorded at Public Hearing: None
16 TAC § 3.30, relating to the division of jurisdiction between To Be Adopted: September 2010
the two agencies over waste materials related to the
exploration, development, production, and refining of oil and
gas.
Revisions to Pollution Control Property Tax Abatement Advisory group Installed ( 4 meetings to date)
Program (HB 3206 / HB 3544): Public Comment: July 2, 2010 to August 2, 2010
Installation of a permanent advisory committee to provide Public Hearing: July 27, 2010
input into the PCP program. Final Rule: December 1, 2010 30
31. Texas Commission on
Environmental Quality cont…
Joint preliminary report (SB 1387): Inter-agency coordination ongoing
The TCEQ and RCT, in consultation with the BEG, must file a
report to the legislature recommending, among other things, a Deadline: Dec. 1, 2010
permitting process for and a division of jurisdiction over CO2
injection wells into saline formations that are not productive of
oil, gas, or geothermal resources.
New Technology Implementation Grant program (HB Stakeholder group meetings: February 24, 2010 and
1796): March 29, 2010
TCEQ must establish and administer the new technology
implementation grant program under Texas Health & Safety No statutory deadline but implementation language
Code ch. 391. This involves rulemakings for application review implies expedited schedule because emergency rule
and funding procedures. granted by statute.
Reporting requirement on “clean energy project” In process
emissions profile (HB 469):
TCEQ must submit a recommendation to the legislature on Reports due:
whether emissions profiles should be adjusted to increase or September 1, 2010, September 1, 2012, 31
decrease elements of the profile. September 1, 2016
32. Texas Commission on
Environmental Quality cont…
New technology research and development program Pending
(HB 1796):
TCEQ must make revisions to the new technology research and
development program under Texas Health & Safety Code ch.
387. TCEQ may contract with one or more nonprofit
organizations or institutions to administer this program.
Offshore carbon repository rules (HB 1796): Not yet docketed
TCEQ may by rule adopt standards for the (1) location; (2)
construction; (3) maintenance; (4) monitoring; and (5)
operation, of the offshore carbon repository. These rules must
be consistent with any regulations promulgated by EPA.
Measurement, monitoring, & verification standards (HB Not yet docketed
1796):
TCEQ may by rule establish measurement, monitoring, and
verification (MMV) standards for the Offshore Carbon 32
Repository.
33. Railroad Commission
of Texas
Regulations for injection of anthropogenic carbon Published: March 26, 2010
dioxide (SB 1387): Public Comment Ended: April 26, 2010
RCT is required to adopt rules to regulate the injection and
storage of “anthropogenic” carbon dioxide or the operation of Anticipated Completion Date: June/July, 2010
a carbon dioxide storage facility. These rules do not cover Class
II wells; these rules will cover Class IIB wells.
Amendment to Memorandum of Understanding Published: April 9, 2010
Between TCEQ & RCT (SB 1387): Public Comment Until: May 17, 2010
Amendment of memorandum of understanding recorded at 16 Public Hearing: May 11, 2010
TAC § 3.30, relating to the division of jurisdiction between the
two agencies over waste materials related to the exploration,
development, production, and refining of oil and gas.
Joint preliminary report (SB 1387): Inter-agency coordination ongoing
The TCEQ and RCT, in consultation with the BEG, must file a
report to the legislature recommending, among other things, a Deadline: Dec. 1, 2010
permitting process for and a division of jurisdiction over CO2
injection wells into saline formations that are not productive of 33
oil, gas, or geothermal resources.
34. Texas Comptroller
of Public Accounts
Revision to Texas Tax Code Chapter 313 (HB 469): Published: March 19, 2010
Comptroller must implement changes and revise the expiration date of Texas Public Comment Until: April 18, 2010
Tax Code Chapter 313.
Comptroller is planning to finalize the rule by June 15, 2010
Extension of severance tax exemption for oil recovered using Rule language under development
EOR (HB 469):
Comptroller and RCT certification program for EOR wells must be amended
to reflect the extension of the severance tax exemption for oil recovered
using EOR.
Establishment of program for certifying “clean energy projects” Not yet docketed
(HB 469):
Comptroller is charged with developing a program for issuing franchise tax Deadline: Dec. 31, 2010
credits to entities that operate clean energy projects.
Develop sales tax exemption for components of personal Rule language under development
property used to capture, transport, & store man-made CO2 (HB
469):
Comptroller must change its rules and regulations to reflect this statutory
change.
34
35. Texas General
Land Office
GLO report (SB 1387): Ongoing (may be joined with RCT/TCEQ report)
GLO is charged with developing a report on a Deadline: Dec. 1, 2010.
recommended framework for managing activities related
to geologic storage on state-owned land.
Development of site of Texas offshore carbon Not yet initiated
repository (HB 1796):
The BEG, by contract with the Land Commissioner, shall
conduct a study of state-owned offshore submerged
lands to determine where the Texas Offshore Carbon
Repository should be situated.
Fees for acceptance of carbon dioxide into the Not yet docketed
Offshore Carbon Repository (HB 1796):
The School Land Board is given the authority to establish
fees for acceptance of CO2 into the Offshore Carbon
Repository. 35
36. Other Key State Carbon Capture & Storage Legislation
State Bill No. Summary / Status
Kansas HB 2419 Substantive regulations and performance standards for CO2 injection.
(2007)
Louisiana HB 1117 & 1220 Suite of incentives for CCS; State Mineral Board regulates; Operator owns CO2 and liable during
(2008) operation; State assumes liability 10 years after CO2 injection is completed; Condemnation authority
provided for geologic sequestration (similar to natural gas storage program).
HB 661 & SB 1906
(2009)
Montana SB 498 Board of O&G Cons. Regulates with input from DEQ; Provides regulatory framework and
(2009) performance standards; Designates the surface owner as the owner of the pore space; Operator
owns CO2 and liable during operation; State assumes liability after 30 years.
North Dakota SB 2095 & 2139 Surface owner owns the pore space; Substantive regulations for injection of CO2 into geologic
(2009) formations; Operator owns CO2 and liable during operation; State assumes liability 10 years after CO2
injection is completed; Concept similar to forced unitization is provided for aggregating storage
areas
.
Oklahoma SB 492 Regulatory framework for CO-2 injection and CCS; CCN process created with right of condemnation;
(2009) Financial assurance addressed.
Wyoming SB1, HB 89-90 Pore space owned by surface owner and may be severed; Operator owns CO2 and liable during
(2008) operation (but not after); WDEQ regulates; Provides new legal procedure for the unitization of
geologic sequestration facilities; mining/drilling rights given priority; Permitting and performance
HB 57, 58 & 80 standards, fee program, state's immunity confirmed, requires bonding or other financial assurances,
(2009) provides penalties, provides for the release of financial assurances, and requires land owner notice
of geological sequestration sites.
HB 17
(2010)
37. DOE DOE and Summit Energy Dept. of Energy and UT-Dallas
Analysis of CO2 sorption at pore Texas Clean Energy Project Development of a commercial Membranes for CO2 and Hydrogen Gas
scales in coal seams $300,000 scale coal gasification plant with carbon capture for EOR Separation $225,000
$350 million
DOE and UTEP DOE DOE and Gasification Engineering Corp
Super-High Temperature Alloy Industrial CO2 sequestration and
Testing $386,500 Evaluation of a cyclone and hot gas filter system
EOR recovery training $298,000 Total investment $900,000
NETL/Southwest Regional Partnership DOE
on Carbon Sequestration
$563MM in Clean Carbon Training for advanced 3D seismic methods
for monitoring verification and accounting of
SACROC-EOR Sequestration Test $5.5 million Grants Comes to Texas CO2 storage $299,300
DOE and Pegasus Technologies •Richardson DOE, CEMEX USA and RTI
Mercury Specie and Multi-pollutant Control $15.56m •Port Dry sorbent CO2 capture technology
•Snyder
Arthur at a cement plant $1.137 million
•El Paso •The DOE; WA Parish Plant
•Odessa •Jewett
DOE and UT Austin Woodlands
•College
60 MW carbon capture demonstration
Determining which saline aquifers are facility $154 million
suitable for CO2 sequestration, $5.35 million Station •Houston Monitoring, verification and accounting
•Austin
DOE and URS Group Of CO2 storage $2.5 million
•San Antonio •Sweeny
Solid sorbents experiments for optimum DOE DOE & Texas A&M
CO2 capture, $2.684 million Industrial carbon capture and Adsorbents for treatment of ash and scrubber
Dept of Energy & URS Group sequestration project $3.014m bonds, total investment $200,000
Evaluation of MerCAP for power plants, $1.73 million DOE & Southwest Research Organization
Demonstrate membranes for hydrogen production $1.64 million
DOE
Full scale testing of mercury oxidation catalysts, $4.08 million DOE & Southwest Research Institute
Novel concepts for compressing CO2 $218,000
DOE DOE & Denbury Onshore
Testing of mercury oxidation catalysts/phase II, $1.93 million
Industrial carbon capture and sequestration project $961,500
DOE DOE DOE
Risk assessment of CO2 Monitoring, verification and accounting of CO2 37
Gulf of Mexico Miocene CO2 site characterization
storage, $2.63 million Site characterization mega transect, $5.99 million mega transect, $5.99 million