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Westlake Area: Entergy, Crescent Midstream collaborating on large carbon capture project

Posted on 9/24/24 at 8:23 am
Posted by ragincajun03
Member since Nov 2007
27152 posts
Posted on 9/24/24 at 8:23 am
quote:

Westlake, La. (KPLC) - One of the largest carbon capture projects in the country is planned for the Westlake area. A company called Crescent Midstream has been selected by Entergy to develop a carbon capture solution for Entergy’s natural gas power plant off Houston River Road.

Jerry Ashcroft, CEO of Crescent Midstream, said the project would involve a carbon capture facility and pipeline capable of capturing and transporting 3 million metric tons of CO2 per year.

“Entergy Louisiana has the power plant there in Lake Charles. What Crescent will be doing with the help of Honeywell and Samsung engineering is to take the post-combustion or the CO2 from that power plant and then capture it and store it about thirty miles away underground,” Ashcroft said.

Officials said the project would capture commercial carbon dioxide, or CO2 emissions equal to 600,000 motor vehicles. Ashcroft said the carbon dioxide will be permanently stored underground.

“We’re lucky enough to build right on the property of Entergy, so we’re basically going to be next door to them,” Ashcroft said. “What we’re really building are absorbers to absorb the CO2 and then the ability to compress that CO2 to a liquid form to then ship it to underground storage.”

Ashcroft said they have not chosen the storage site yet but are looking at several different locations where companies have Class 6 permits with the Louisiana Department of Energy and Natural Resources for deep well injection.

Ashcroft said he is confident Crescent Midstream will be able to provide a safe and reliable service. He said they will study it over the next year and expect construction to start in 2026.

There is still a lot more to be done concerning final engineering, permitting, and hearing from the public, according to Ashcroft. However, he said Crescent Midstream and Entergy are working exclusively with each other. The project is expected to cost over a billion dollars.

A spokesperson for Entergy says if the efforts of Crescent Midstream demonstrate the project is feasible, beneficial, and cost-effective for customers, they will present it for consideration and final approval by the Public Service Commission.


LINK

Any of you SWLA baws possibly working on this project? Possibly $1 Billion+ to be spent here.
Posted by notsince98
KC, MO
Member since Oct 2012
21251 posts
Posted on 9/24/24 at 8:24 am to
why do they hate plants? Do they want all land based life forms to die off?
Posted by stout
Porte du Lafitte
Member since Sep 2006
178980 posts
Posted on 9/24/24 at 8:25 am to
Carbon capture is a wealth transfer through tax incentives
Posted by lsu777
Lake Charles
Member since Jan 2004
36431 posts
Posted on 9/24/24 at 8:36 am to
quote:

Carbon capture is a wealth transfer through tax incentives


that is all this bullshite is
Posted by LSUfanNkaty
LC, Louisiana
Member since Jan 2015
11926 posts
Posted on 9/24/24 at 8:42 am to
quote:

Carbon capture is a wealth transfer through tax incentives



Bingo Fuggggit
Posted by redstick13
Lower Saxony
Member since Feb 2007
40392 posts
Posted on 9/24/24 at 8:44 am to
That will be one long arse exhaust pipe.
Posted by ragincajun03
Member since Nov 2007
27152 posts
Posted on 9/24/24 at 8:48 am to
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 9/24/24 at 8:51 am to
quote:

3 million metric tons of CO2 per year.


Multiply 3,000,000 per year times $85 and that is the potential federal tax credit for this project. Crescent Midstream will be the CO2 pipeline operator and will get about 20-30% of that (depending on how well they negotiate) and the emitter (like Entergy) will get the rest.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
128680 posts
Posted on 9/24/24 at 8:52 am to
Carbon capture is bullshite
Posted by ragincajun03
Member since Nov 2007
27152 posts
Posted on 9/24/24 at 8:56 am to
And if Entergy is the sole surface owner without the geographical boundaries of the storage complex, no per ton fee or royalty percentage needed to be paid out to a surface owner, unless Entergy wants one for purposes of financial book keeping.

I just can't imagine $85/ton 45Q can keep getting funded once we have these projects all over the Gulf Coast and Midwest.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 9/24/24 at 8:59 am to
quote:

hat will be one long arse exhaust pipe.


It literally come out of the exhaust of the power plant.

Complete combustion is 55% CO2 and 45% H20. The compression cycle is usually 4 stages that brings the CO2 stream up to 750 psig while dropping out water in each stage through condensation via cooling. After the 4th state the stream is processed through a triethylene glycol absorber (looks and operates like a distillation tower), then goes through a 5th compression stage just before the CO2 critical point and drops out more water via cooling where the CO2 passes its critical point (about 1060 psig and 88 degrees F). From there the CO2 is pumped as high as necessary to transport and inject down hole as a liquid or supercritical fluid.
Posted by oilmanNO
Member since Oct 2009
2873 posts
Posted on 9/24/24 at 9:00 am to
What company are you a landman for?
Posted by ragincajun03
Member since Nov 2007
27152 posts
Posted on 9/24/24 at 9:01 am to
Longtime self employed with some governmental/regulatory stuff mixed in. Been all over. Courthouse, agency buildings, homes, ranches and sites in FRCs, facilities, etc.

Not a fan of this carbon capture stuff, but still find the evolution and use of oilfield technology to now build and carry out such projects quite fascinating.
This post was edited on 9/24/24 at 9:04 am
Posted by loogaroo
Welsh
Member since Dec 2005
39153 posts
Posted on 9/24/24 at 9:03 am to
What a huge fricking scam.

I wish I could get paid to just inject air into the ground.
This post was edited on 9/24/24 at 9:04 am
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 9/24/24 at 9:06 am to
quote:

Carbon capture is bullshite


Big oil bamboozled the climate change people.

Oil well owners need a home for there natural gas production.

Burning natural gas to make electricity is a huge market for oil & gas well owners.

The break even point for most gas fired electricity generation plants is 8 years. (Nuclear is 15-18 years).

The break even point gets reduced by 2 or 3 years if these plants can get sufficient tax credits to sequester their CO2 exhaust.

Natural gas fired electricity plants become more popular because they attract more investment capital.

This makes O&G well owners happy because their market grows.

The climate change nuts are happy because they think they are saving the environment.

Now you know.
Posted by loogaroo
Welsh
Member since Dec 2005
39153 posts
Posted on 9/24/24 at 9:10 am to
quote:


Longtime self employed with some governmental/regulatory stuff mixed in. Been all over. Courthouse, agency buildings, homes, ranches and sites in FRCs, facilities, etc.


I bet we know each other.

quote:

Not a fan of this carbon capture stuff, but still find the evolution and use of oilfield technology to now build and carry out such projects quite fascinating.


It pays the bills even though it's bullshite.
Posted by ragincajun03
Member since Nov 2007
27152 posts
Posted on 9/24/24 at 9:13 am to
quote:

It pays the bills even though it's bullshite.


I've done very little associated with CCSU; however, always good to learn as much as possible in the O&G/Petrochem/Energy sectors. Doing so makes one able to transition when needed to keep working and getting paid.

Hell...I've even done ag leases for biofeuls crops. Talk about boondoggles.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 9/24/24 at 9:16 am to
quote:

It pays the bills even though it's bullshite.


Makes me feel kind of dirty at a 50,000 foot level but the science and engineering is very interesting and challenging at a granular level.
Posted by ragincajun03
Member since Nov 2007
27152 posts
Posted on 9/24/24 at 9:16 am to
quote:

The climate change nuts are happy because they think they are saving the environment.


It's been my experience that the true Church of Climate Change Scientology actually hates carbon capture, because they view it as extending the life of the fossil fuel and petrochemical industries. It's quite interesting to see the far left enviro commies and red blooded conservatives be on the same side in fighting projects like Air Products over in Maurepas.
Posted by el Gaucho
He/They
Member since Dec 2010
58329 posts
Posted on 9/24/24 at 9:17 am to
quote:

The break even point for most gas fired electricity generation plants is 8 years. (Nuclear is 15-18 years). The break even point gets reduced by 2 or 3 years if these plants can get sufficient tax credits to sequester their CO2 exhaust.

I would rather them put the co2 in the ground than it be in the air. I’ve heard of people running generators in their house and dying of co2 poisoning and gas plants are basically just a big generator
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