Development Activity
Vault 44.01 submits drilling permit for ‘Maple’ - CCS project with Poet’s Leipsic plant in Ohio
ExxonMobil to develop methane pyrolysis unit with BASF in Baytown
ExxonMobil and BASF are co-developing methane pyrolysis technology to produce low-emission hydrogen and solid carbon rather than gaseous CO2; leveraging existing natural gas infrastructure and provides a pathway where carbon storage may be less practical.
A demonstration plant is planned at ExxonMobil’s Baytown, Texas complex with output of up to 2,000 tons of hydrogen and 6,000 tons of solid carbon per year.
The process requires ~5x less electricity than water electrolysis and does not require water, increasing viability in water-constrained regions.
It leverages existing natural gas infrastructure and provides a lower-carbon hydrogen pathway where carbon capture and storage may be less practical.
In September, ExxonMobil announced its intent to acquire Superior Graphite’s U.S. assets, technology, and select international offices to enter the synthetic graphite market, aiming to scale production of high-performance graphite for EV batteries
Similarly, Graphitic Energy (formerly C-Zero) has launched a methane-pyrolysis pilot plant in San Antonio, TX, producing several hundred kilograms of hydrogen and up to 1,000 kg of solid graphitic carbon per day that is currently operational; Monolith operates the Olive Creek facility (OC1 and expansions) in Nebraska; the company secured a conditional ~$1.04B DOE loan guarantee to expand the site (later cancelled)
Net Power partners with Entropy and progresses Northern MISO Project
Net Power signed a letter of intent with Entropy to exclusively deploy Entropy’s PCC technology for power generation in the United States and to jointly develop projects
Project Permian
Net Power is progressing its first clean firm power hub at its Project Permian site in West Texas
Phase I of the project will utilize readily available gas turbines paired with Entropy’s proven post-combustion capture technology; Net Power has secured 60MW of gas turbines with 2028 delivery.
Net Power is finalizing definitive documents for Occidental to purchase 30MW of the power and 100% of the captured CO2 for sequestration
Final investment decision (FID) for Phase I is expected in the first half of 2026 with targeted commercial operations in 2028
Northern MISO Project
Net Power continues to advance its clean firm power hub in northern MISO, where the Company has site control and a 300MW interconnect request through the DPP-2023 interconnection queue process.
Reviewing DPP-2023 projects and Class VI applications, CarbonStorage.io estimates that the CO2 service provider is likely Core Energy in Manistee, Michigan.
Net Power’s sequestration partner continues to advance its Class VI permit applications and both the interconnect and sequestration facilities are expected to be completed by 2028/2029.
Net Power is designing Phase I of the project to utilize gas turbines paired with Entropy PCC, targeting FID in 2027 with commercial operations as soon as 2029.
SLB Capturi and CO280 successfully completes carbon capture pilot at a Louisiana Pulp and Paper Mill
SLB Capturi and CO280 completed a successful field pilot capturing biogenic CO₂ from Packaging Corporation of America's Deridder Mill
SLB’s Mobile Test Unit (MTU) was installed on site in Q3 2024 and ran for >4,000 hours, demonstrating sustained operation; achieving a 95% capture efficiency and met key KPIs for energy use, solvent durability, and absorber emissions
The MTU has a rated design capacity of 3 tonnes CO₂ per day, validating technology at pilot scale
The program also validated a flue-gas pretreatment system to condition recovery-boiler emissions before capture — removing a major deployment hurdle.
Heidelberg pauses Swedish flagship ‘Slite CCS’ amid funding cuts
Heidelberg Materials has paused its Slite CCS project in Sweden, after losing state co-financing support.
The planned CCS facility was to capture up to 1,800,000 mt per year
Heidelberg argues the economic case no longer holds without public funding, citing unfavorable deployment conditions.
The Slite plant currently supplies about 75% of Sweden’s cement, raising concerns about future domestic supply and lifecycle emissions.
The company points to successful CCS projects in other countries to highlight what’s possible when government and industry align
Heidelberg, to date, has been granted over € 400,000,000 in grant funding for various carbon capture projects in Europe
Kawasaki Heavy Industries completes 200 tpy Direct Air Capture project at Kobe facility
Verso Energy Awards FEED Contract to Rely for the DEZiR Project
Braskem to integrate synthetic chemicals into products with norsk e-fuel
