A Pennsylvania major carbon capture initiative has received a financial boost. The Oil and Gas Climate Initiative (OGCI) Climate Investments fund announced this week it will take part in the KeyState Natural Gas Synthesis project in Clinton County, PA.
The natural gas project will be equipped with carbon capture and storage installation. “Geological storage of CO2 is part of Pennsylvania’s next energy revolution,” said KeyState’s CEO Perry Babb.
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Apart from natural gas extraction and production, the project is also planned to manufacture hydrogen, ammonia and urea. The CO2 storage capacity of the site is estimated to be up to 300,000 tons/year.
“The entire project, from gas supply through methane reforming and manufacturing and through geological CO2 storage, takes place on this site and is, therefore, a closed system,” added Mr Babb.
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According to OGCI, the KeyState project has the potential to enable carbon capture and storage in Pennsylvania, and serve as an example of the circular lower-carbon economy. Thanks to the emissions reductions it delivers compared to typical natural gas projects, it can play a role as a catalyst for other carbon capture and storage hub development in the area.
Carbon capture installations could also be spread through other natural gas and industrial production plants in the region and throughout the state as a result.