Six Prospective Facilities
Current Focus – the Mountain West Region Coal-fired plants of significant scale Plants with at least a decade of permitted life Target unit size of 750 MW or larger Targeting sites with oversized existing infrastructure (e.g. fuel supply, transmission) 1...A Model for Carbon Capture as a Service
The Carbon Capture as a Service Model provides for Enchant to create a Carbon Capture SPV that will decarbonize 100% of the emissions from the plant and be financed by a combination of Tax Equity, Sponsor Equity, and Project Debt. It may also include partial ownership...Strong Bipartisan Support for Carbon Capture
Fiscal Year 2021 Omnibus bill, and the Energy Act of 2020 (the Omnibus) Passed with strong bipartisan support, included the largest energy package to be enacted into law in ten years and clear support for carbon capture IRS Section 45Q Carbon Capture Tax Credits (45Q)...Technology & Tax Incentives = Reduced Cost and Risk
Declining cost of CO2 capture combined with strong tax and market incentives drive attractive investment opportunities with strong returns Mitsubishi Heavy Industries is a technology leader in CCS and a technology partner for Enchant Energy Cost of CO2 Capture has...
CCUS will play a critical role in the transition to net zero
According to the IEA, CCUS technology is essential to meet global net-zero goals CCUS will help “avoid emissions from the vast fleet of existing fossil-fueled power plants through retrofits” CCUS enables “the growing need for system flexibility as the share of...KSJE Radio – Scott Michlin Interview of Cindy Crane
Capito, Whitehouse, Barrasso, Cramer, Hoeven, Smith, Machin Introduce 45Q Legislation
WASHINGTON, D.C. – U.S. Senators Shelley Moore Capito (R-W.Va.), Sheldon Whitehouse (D-R.I.), John Barrasso (R-Wyo.), Kevin Cramer (R-N.D.), John Hoeven (R-N.D.), Tina Smith (D-Minn.), and Joe Manchin (D-W.Va.) yesterday introduced the 45Q Carbon Capture Utilization...
Enchant Energy says PNM sale to Avangrid will not stop proposed carbon capture project
Hannah Grover-Farmington Daily Times-October 21, 2020. AZTEC — A sale of Public Service Company of New Mexico’s parent company, PNM Resources, to a subsidiary of a Spanish firm will not have significant impacts on Enchant Energy’s proposal to retrofit the San...