Lapis Carbon Solutions and Big River Resources Apply for Class VI CCS Permit in Illinois
Lapis Carbon Solutions and Big River Resources have submitted a Class VI permit application for a carbon capture and storage project in Galva, Illinois. The project aims to sequester over 725,000 tons of CO2 annually for 12 years, reducing the carbon intensity of ethanol production. A stratigraphic test well confirmed favorable conditions for CO2 storage. The initiative supports the decarbonization of ethanol supply chains and may qualify for federal tax credits, enhancing commercial viability.
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Lapis Carbon Solutions and Big River Resources have filed a Class VI permit application for a carbon capture and storage project near Big River's ethanol facility in Galva, Illinois. The project is designed to sequester over 725,000 tons of CO2 per year over a 12-year period, aiming to reduce the carbon intensity of the site's ethanol production.
A prior stratigraphic test well confirmed suitable subsurface conditions for CO2 storage. This project is a significant step for commercial-scale CCS deployment in the US Midwest, where ethanol producers face pressure to decarbonize.
The captured CO2 may qualify for federal tax credits under Section 45Q, improving the project's financial viability. The initiative represents an opportunity for ethanol plants to enhance their competitive position in low-carbon fuel markets.
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