Denbury, an independent energy company, has announced that its subsidiary, Denbury Carbon Solutions, has executed a CO2 services agreement with clean hydrogen chain developer, Clean Hydrogen Works.
Denbury will transport and sequester CO2 captured from Clean Hydrogen’s planned hydrogen-ammonia complex in Ascension Parish, Louisiana, US, which is anticipated to be built less than two miles from Denbury’s existing CO2 pipeline network.
The planned clean hydrogen-ammonia complex, Ascension Clean Energy (ACE), is expected to include two world-scale ammonia blocks with estimated ammonia production totalling 6.5 million tonnes of ammonia per year.
Chris Kendall, CEO of Denbury says: ‘We are excited to work with Clean Hydrogen Works and the State of Louisiana on this important clean energy project that aligns with our mission to sustainably deliver energy that the world needs. Our existing CO2 pipeline infrastructure along the Gulf Coast, […] is perfectly situated to handle the CO2 emissions from this massive project and to ensure that the carbon captured is safely transported and secured in underground storage.’
Mitch Silver, SVP and COO of Clean Hydrogen Works, adds: ‘We look forward to working with industry leader Denbury to develop the ACE project, using innovation to meet global demand for clean and affordable energy.’
The proposed facilities are to be constructed on a 1,700-acre site on the west bank of the Mississippi River in Donaldsonville, Louisiana. The two ammonia blocks are currently projected to start up in a staged approach, with Block 1 production anticipated to commence in 2027. A final investment decision on the project is anticipated in 2024.
