Navigator CO2 Ventures LLC (“Navigator”) has just received the go-ahead to work on its proposed carbon capture pipeline system known as Heartland Greenway. The announcement came after the company had obtained the required board approvals as a result of receiving commitments during the binding open season.
Furthermore, the project has enjoyed such great market reception that Navigator is currently looking into ways to expand its available capacity.
And now with the initial approval in hand, Navigator CO2 has already launched the process of obtaining all the necessary permits to begin construction of the Heartland Greenway pipeline system.
As described by Navigator CEO Matt Vining, the Heartland Greenway project is the “first fully integrated CO2 handling system to reach a full investment decision”, and it is also the first commercially viable carbon capture and sequestration (CCS) project of such scale to be developed in the United States.
The project features a CCS system that seeks to provide a cost-effective and long-term means for industrial customers to reduce their carbon footprint.
It is set to reach customers in five Midwest states: South Dakota, Nebraska, Iowa, Illinois and Minnesota and is planned to become operational in late 2024 or early 2025. At full capacity, the Heartland Greenway will be capable of capturing and storing up to 15 million metric tons of CO2 per year. More information about the project can be found on its official website here.
And in addition to the initial project build out, the company is actively working on allowing its customers make the most of their commercial participation by developing an affiliated marketing company to help track emissions. Thus, Navigator’s customers will be able to take advantage of the Heartland Greenway’s analytics and centralized scale.
The proposed system’s present and future customers are largely rural value-added agriculture processors, predominantly from the fertilizer and ethanol industries.