Managing Industrial CO2 Emissions with CCUS and 45Q Tax Credits

Recorded On: 05/14/2020

This presentation will cover the current status of carbon capture and storage technologies and provide an update on US and global projects of interest. Participants will learn about subsurface technical aspects of CO2 storage in saline formations, with some discussion of enhanced oil recovery. A primary focus will be on the SPE developed "Storage Resource Management System - SRMS", similar to the PRMS for petroleum and the financial mechanisms currently available in Section 45Q Federal tax credits for establishing financially viable projects in the near-term.

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Dr. Tip Meckel

Senior Research Scientist, Bureau of Economic Geology, The University of Texas at Austin

Dr. Tip Meckel is a senior research scientist investigating geologic carbon storage for the Bureau of Economic Geology at The University of Texas at Austin. During his 13 years with the Gulf Coast Carbon Center at the Bureau he has led research focusing on geologic characterization, structural geology, monitoring design, and pressure evolution for CO2 injections. He has been directly involved with many large-scale field demonstration projects funded through the DOE-NETL Regional Carbon Sequestration Partnerships. After early exposure during the FRIO tests east of Houston in 2006, he co-directed the research program for the SECARB CO2-EOR demonstration project in Cranfield Mississippi, and currently leads the research initiative to identify offshore sequestration potential in the Gulf of Mexico with focus on capacity assessment and high-resolution 3D marine seismic monitoring technologies. Dr. Meckel works closely with offshore CCS developments in Japan and the North Sea. Hewas a contributor to the NPC study on CCUS, and participated in the formation of SPE's Storage Resource Management System (SRMS). Since 2008 he has been PI or Co-PI on 16 CCS grants totaling over $70 million dollars. PhD - UT Austin, MS - Univ. MT

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05/14/2020 at 11:30 AM (EDT)   |  90 minutes
05/14/2020 at 11:30 AM (EDT)   |  90 minutes
20 Questions
0.15 CEU/1.5 PDH credits  |  Certificate available
0.15 CEU/1.5 PDH credits  |  Certificate available