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Can’t-miss Houston energy event: CCS/Decarbonization Project Development, Finance & Investment Summit

A two-day summit focused on decarbonization project development is in Houston this week. Photo via Getty Images

Calling all investors, emitters and developers in the decarbonization space.

When: Monday, July 24, from 8 am to 6:30 pm, and Tuesday, July 25, from 8 am to 3 pm

Where: Hilton Houston Post Oak by the Galleria (2001 Post Oak Blvd)

Price: $1,995 for full summit access

Who: Professionals within project development, emitters, providers of tax equity, development capital, and cash equity in the energy industry

Learn more and register.

Infocast’s CCS/Decarbonization Project Development, Finance & Investment Summit will bring together project developers, emitters, providers of tax equity, development capital and cash equity to explain the latest developments, showcase critical market information, and provide an “inside view” from the perspectives of all the players in these deals.

What to expect from the summit:

  • Learn how your project can take maximum advantage of ALL available federal and state programs and incentives – including those in the IRA And IIJA
  • Get detailed business case information on the latest Direct Air Capture and emissions capture decarbonization projects
  • Hear from emitters on their needs and what they are looking for in CCS/decarbonization projects
  • Understand the critical elements in structuring these projects to attract tax equity, development capital and cash equity financing
  • Receive a detailed briefing from tax equity, cash equity and development capital providers on how they will assess potential investments in this brand-new asset class

Trending News

A View From HETI

A new report estimates that more than 90 percent of data center-related carbon dioxide emissions could potentially be mitigated through carbon capture and storage. Photo via Unsplash

A new study out of Rice University points to carbon capture and storage methods as pivotal solutions to addressing emissions from AI-driven data centers.

The study was authored by Hon Chung Lau, an adjunct professor in the Department of Chemical and Biomolecular Engineering at Rice University and founder of Low Carbon Energies LLC, and Steve C. Tsai, an energy transition consultant at Low Carbon Energies LLC, and published in the journal Energy & Fuels.

According to the study, U.S. data center power capacity could more than quadruple in five years, growing from 40 gigawatts in 2025 to 169 gigawatts by 2030. Without proper regulation of emissions, the report estimates that carbon dioxide produced by fossil-fuel power plants supplying electricity to data centers could grow at the same scale, increasing from 90 million metric tons to more than 404 million metric tons over the same time period.

The researchers analyzed publicly available data on announced U.S. data centers, which included energy sources, locations, and projected power capacity before estimating data center-related carbon emissions based on each state’s electricity mix. From there, they examined whether those emissions could be captured and stored underground in saline aquifers.

The team estimates that 34 states have enough saline aquifer storage capacity to store more than 100 years of projected data center-related carbon dioxide emissions beyond 2030. Aquifers could store an estimated 59 million metric tons of data center-related carbon dioxide, or about 66 percent of the sector’s emissions in 2025. However, that calculation could grow to 299 million metric tons, or about 74 percent of projected data center-related emissions by 2030.

The researchers found that more than 90 percent of data center-related carbon dioxide emissions could potentially be mitigated through carbon capture and storage when out-of-state storage options are included, even though they note that carbon capture isn’t the only solution.

“It does show that the geology exists to make a meaningful impact, especially in states where data center growth is strongest,” Lau said in a news release.

Rapid growth in states including Texas, Virginia, Pennsylvania, Ohio, Arizona, Colorado, Utah and Illinois was considered in the study. According to the findings, Texas would need to add 25 gigawatts of power capacity by 2030 to meet projected data center demand, as data centers require reliable electricity 24/7.

“Data centers are becoming one of the defining energy challenges of the AI era,” Lau added in the news release. “The question is not only whether we can build enough computing infrastructure, but whether we can power it in a way that is reliable, affordable and compatible with decarbonization goals.”

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