First Wave of Incentive-Driven CCS Projects in North Dakota
The North Dakota Industrial Commission has granted the first three geologic (carbon dioxide) CO2 storage facility permits through the state's Underground Injection Control (UIC) Class VI Primacy Program. Recent momentum in carbon capture and storage (CCS) activity in North Dakota builds on the solid foundation of regional characterization and field validation developed through the PCOR Partnership. The North Dakota Administrative Code integrated with the Class VI Primacy Program provides for regulatory certainty by formalizing the process for: 1) Establishing pore space ownership and rules. 2) Amalgamating storage reservoir pore space. 3) Determining financial responsibility. 4) Establishing long-term trust funds. 5) Facilitating postinjection title transfer and release of liability. Incentive programs such as the Internal Revenue Service (IRS) Section 45Q tax credits and Low Carbon Fuel Standard (LCFS) protocols are driving the acceleration of CCS investment in North Dakota. This initial wave of projects is informing investment in, and creating the opportunity for, innovation that will enable the next wave of incentive-based CCS projects.
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