The Baker Hughes study estimated that 1.0 million mtpy CO2 can be sequestered in the saline formations located deep underground at or near the Aemetis Keyes ethanol plant site. The study also noted that up to 1.4 million mtpy of CO2 should be injectable at or near the Aemetis Riverbank site. Once complete, the Aemetis Carbon Capture CCS project is expected to capture and sequester more than 2 million mtpy of CO2 at the two Aemetis biofuels plant sites in Keyes and Riverbank, California. Each MT of CO2 is planned to generate approximately $200 per MT from the California Low Carbon Fuel Standard and $50 per MT of IRS 45Q tax credit. Legislation is pending in Congress to increase the federal tax credit to $80 per MT of CO2 and to provide billions of dollars of grants and loans to finance CCS projects in the U.S., according to the release. (Source: Aemetis, PR, 18 Aug, 2021) Contact: Aemetis, Eric McAfee, CEO, (408) 213-0940, firstname.lastname@example.org, www.aemetis.com
More Low-Carbon Energy News Aemetis, CCS, RNG,
The Aemetis Carbon Zero renewable jet and diesel project is designed to "hydrotreat" renewable oils with hydrogen from orchard and forest wood waste. By utilizing hydroelectric electricity and carbon sequestration along with negative carbon intensity hydrogen, the Aemetis plant is expected to produce among the lowest carbon intensity renewable jet and diesel fuel in the world.
Worley is providing engineering to implement Axens renewable jet and diesel technology at the Riverbank site. Axens's technology hydrotreats a wide range of lipids to produce low-density and high cetane renewable diesel and renewable sulphur-free jet fuel. The Axens technology produces renewable jet and renewable diesel in an integrated process.
(Source: Aemetis, Website PR, 16 June, 2020) Contact: Worley, www.worley.com;
Aemetis Biogas, Andy Foster, Pres., Aemetis, Eric McAfee, CEO, (408) 213-0940, email@example.com, www.aemetis.com; Axens, Patrick Sarrazin, Exec. VP, www.axens.com
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The Carbon Zero biorefinery is supported by $17 million of grant funding from the California Energy Commission and the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) and is slated to begin operations in 2023, then double production capacity by year 2025. (Source: Aemetis, Inc. , PR, 29 Apr., 2021)Contact: Aemetis, Eric McAfee, CEO, (408) 213-0940, firstname.lastname@example.org, www.aemetis.com
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Aemetis also notes
the COVID-19 pandemic has delayed project financing for a planned 12-million gpy cellulosic ethanol facility in Riverbank, California, construction of which is anticipated to take roughly 18 months to complete. (Source: Aemetis, OPIS, 21 Aug., 2020)Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, email@example.com, www.aemetis.com
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The Riverbank biorefinery project recently won a $12 million California state tax waiver and a $5 million California Energy Commission Notice of Proposed Award. Preliminary engineering for the project has been completed and construction is expected to get underway in mid-2019.
(Source: Aemetis, PR, 12 Feb., 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, firstname.lastname@example.org, www.aemetis.com
More Low-Carbon Energy News Riverbank , Aemetis, USDA, Cellulosic Ethanol,
Three EB-5 investors filed with the USCIS and funded $1.5 million to the Aemetis project in December 2018 to launch the $50 million EB-5 Phase II funding round. I-924 Exemplar Approval allows foreign investors to utilize project approval for faster EB-5 processing
The Aemetis Riverbank cellulosic biorefinery is designed to produce below zero carbon biofuels from agricultural waste that could otherwise be burned in the Central Valley. The USCIS I-924 Exemplar Approval is in addition to California state governmental support through the recent award of $12.7 million of sales and use tax waivers for equipment and other purchases for the construction of the Aemetis Riverbank plant. (Source: Aemet1s, PR, EIN, 24 Jan., 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, email@example.com, www.aemetis.com
More Low-Carbon Energy News Aemetis, Cellulosic Biofuel,