Energy Infrastructure & Transition Overview slide image

Energy Infrastructure & Transition Overview

Carbon Capture Utilization & Storage (CCUS) Positioned to leverage our existing expertise & capabilities to provide CCUS services in the future Our experience & current operations cover the CCUS value chain Design, manufacture, install & operate equipment needed for CO₂ separation Operate >1,300 miles of CO2 pipeline - more than any company in the U.S. with total system capacity of >3 bcfd Secure geologic storage of CO2 via CO2 enhanced oil recovery (EOR) Participate with other organizations to advance CCUS policy & technology Future opportunity to participate in CCUS Transportation of very large volumes of CO2 will be required in order to meet CCUS goals Converting other types of pipelines to long haul CO2 is rarely feasible Manufacture & installation of primarily new capture equipment necessary for 45Q eligibility EOR is widely viewed to be the best disposition for captured CO2, but the best EOR potential is distant from most major sources of CO2 KINDER MORGAN CURRENT ESTIMATED U.S. CARBON CAPTURE COST $/tonne $300 $250 $200 $150 $100 $50 וויי $0 ethanol production facility natural gas ammonia processing & production treating facility facilities cement production facility hydrogen coal fired natural gas production power plant fired power facility plant Given 45Q credits, CCUS is economic for some ethanol production, natural gas processing, and natural gas treating facilities Additional technological advancements & government policy could advance CCUS economics for other facilities Source: KM analysis, National Energy Technology Laboratory. Note: Estimated costs are based on 20% BFIT IRR at capture unit tailgate, no tax credits, and at pressure ready for pipeline. 20 20
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