1Q23 Earnings and Operations Update
Increasing CCUS Scale With IRA and Technology
• New technologies and enhanced §45Q
levels ($35 $50 to $60 / $85 per tonne) bring
post-combustion emissions into economic
capture window
• Emerging technologies driving down the
cost of CO2 capture by up to 40%
-
-
Membrane-based technologies offer lower cost of
capture for lower volume levels
Industry Capture Cost per Metric Ton
$ per tonne
90
Current §45Q
80
70
60
Previous §45Q
- Liquid technologies (solvent-based) offer lower
cost of capture at higher volumes; benefit from
economies of scale
50
40
•
DEN equity investments / partnerships with
two CO2 capture technology companies
Insights into capture technology innovation
- Increases potential transportation and
storage opportunities
Denbury Inc.
30
20
20
10
0
Original §45Q
Compression / dehydration
Membrane-based solutions
Amine / solvent solutions
Source: Great Plains Institute, Transport Infrastructure for Carbon Capture and Storage
17View entire presentation