SIOUX FALLS, S.D. (KELO) — POET, the world’s largest producer of biofuels, has partnered with Summit Carbon Solutions on Summit’s carbon capture and storage project, POET announced today.
The partnership will include 12 facilities in Iowa and five in South Dakota. This addition will facilitate the capture, transportation, and permanent storage of 4.7 million metric tons of carbon dioxide (CO2) annually from the 17 POET bioprocessing plants. POET is based in Sioux Falls.
CO2 easement bill headed for SD House Commerce, Energy
The project will capture CO2 from POET’s 12 facilities in Iowa and five facilities in South Dakota into the Summit project.
Summit will be re-applying for a permit from the South Dakota Public Utilities Commission (PUC) to install more than 400 miles of CO2 pipeline in the state. The PUC rejected a permit application in September of 2023.
The proposed CO2 project will be about 2,000 miles across five states with burial of CO2 in North Dakota.