Clean fuels specialist Infinium has teamed up with US energy firm Denbury to develop ultra-low carbon fuels in the US state of Texas.
Oil drilling. CC0
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Infinium electrofuels facilities, currently under development in Brazoria County, Texas, will convert renewable power into green hydrogen. This will then be combined with industrially-sourced CO2 to produce ultra-low carbon fuels using Infinium technology.
"The transportation industry is responsible for a significant portion of global carbon emissions, and Infinium's ultra-low carbon electrofuels solutions are a powerful tool to combatting climate change," said Robert Schuetzle, CEO of Infinium.
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"Infinium fuels are instant replacements for traditional jet and diesel fuel that may be used directly in planes, ships and truck fleets without changes in infrastructure or engine design. We are thrilled to enter into this strategic alliance with Denbury and to have the opportunity to reuse industrial CO2 waste for clean fuel production."
For its part in the partnership, Denbury will source and transport CO2 to the Infinium facilities, which are planned to be located near Denbury’s existing and planned CO2 pipeline infrastructure. Denbury has estimated that the necessary pipeline infrastructure will be ready by 2025.
It is anticipated the facilities will use utilise 1.5 million tonnes of CO2 per year that would otherwise have entered into the atmosphere.
"Our agreement with Infinium is another exciting opportunity for Denbury to partner with a company that is aligned with our strategy to develop world-leading carbon solutions, and we welcome the opportunity to potentially invest alongside Infinium in these projects," said Chris Kendall, Denbury’s President and Chief Executive Officer.
"This innovative and highly scalable utilisation of industrial-sourced CO2 will be an important element in the spectrum of solutions that Denbury can offer to industrial CO2 emitters. Infinium’s ultra-low carbon intensity electrofuels produced using industrial-sourced CO2 will provide a powerful tool to reduce the carbon intensity of transportation in our country and the world."
"Reducing the emissions profile of the Gulf Coast, and around the world, is a tremendous opportunity and the right thing to do for our economy and environment," added Schuetzle.
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The partnership announcement came less than a month after Infinium revealed a similar partnership in Dunkirk, France.
The company is teaming up there with Italian energy giant Engie on a project to convert hundreds of thousands of tonnes of CO2 emissions per year from an ArcelorMittal steel plant into electrofuels for aviation and shipping.
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