DOE ANNOUNCES LOAN CONDITIONAL COMMITMENT TOWARD $2.4B WABASH VALLEY RESOURCES PROJECT TO PRODUCE LOW-CARBON FERTILIZER AND REVITALIZE COAL COMMUNITY
WEST TERRE HAUTE, Ind., September 16, 2024 – In a groundbreaking move to bolster
American agriculture and improve air quality, the Department of Energy’s Loan Programs
Office has announced a conditional commitment of a $1.559 billion loan—toward a total
investment of $2.4 billion—to Wabash Valley Resources (WVR), a pioneer in low-carbon
anhydrous ammonia fertilizer production. This historic investment is one of the single largest
efforts to increase the supply of domestically produced fertilizer and displace imported
ammonia supply to the Eastern Corn Belt.
WVR’s innovative approach of utilizing industrial waste in combination with carbon capture
has the potential to be the United States’ first carbon-negative ammonia production process.
- Ammonia, CCS
- September 17, 2024
LPO Announces Conditional Commitment to Wabash Valley Resources to Repurpose Fossil Fuel Infrastructure to Produce Low-Carbon Ammonia for Midwest Farmers
As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) announced today a conditional commitment for a loan guarantee of up to $1.559 billion to Wabash Valley Resources, LLC (Wabash Valley Resources). The loan guarantee would help finance a commercial-scale waste-to-ammonia production facility using carbon capture and sequestration (CCS) technology in West Terre Haute, Indiana. The project will have the potential to be the world’s first, carbon-negative ammonia production facility—underscoring the Biden-Harris Administration’s continued commitment to ensuring the United States leads the world in clean energy manufacturing. The project would repurpose an industrial gasifier to utilize petroleum coke while permanently storing carbon dioxide to produce 500,000 metric tons of anhydrous ammonia annually. This project would play a critical role in securing domestic fertilizer supply for the region commonly known as the Corn Belt, contributing to both food security and climate goals. LPO’s conditional commitment of up to $1.559 billion would be part of a total investment of $2.4 billion that Wabash Valley Resources would secure for the project through private investment.
- US DOE
- September 16, 2024
Why Washington and Big Oil Are Investing Billions in Ammonia
Founded in 2016, Wabash uses a byproduct of oil refining to make ammonia and says it has an advantage over competitors because its facility is close to the farms where fertilizer will be used to grow corn. It expects to produce 500,000 metric tons of ammonia a year.
- Ammonia, CCS
- September 16, 2024
Baker Hughes Launches CarbonEdge™, a Digital End-to-End Solution to Mitigate Risk, Optimize Operations and Streamline Reporting for CCUS Projects
HOUSTON and LONDON, Sept. 12, 2024 — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday the launch of CarbonEdge™, powered by Cordant™, the first end-to-end, risk-based digital solution for CCUS operations that provides comprehensive support for regulatory reporting and operational risk management.
Wabash Valley Resources will leverage CarbonEdge for measurement, monitoring, and verification of CO2 and collaborate with Baker Hughes on the solution’s continued development
Wabash Valley Resources Selects Baker Hughes as Preferred Technology, Services Provider of Compression and Sequestration Solutions for Clean Ammonia Production Project
HOUSTON – July 16, 2024 – Baker Hughes, an energy technology company, has signed a long-term
agreement with Wabash Valley Resources (WVR), a leader in low-carbon ammonia fertilizer production,
to supply advanced technology services and solutions to support WVR’s ammonia production with
compression systems, injection well construction and perform testing and monitoring services for the
geological sequestration of carbon dioxide.
WABASH VALLEY RESOURCES STATEMENT ON EPA’S ANNOUNCEMENT OF DRAFT CARBON STORAGE PERMITS
On Friday, July 7, 2023, the U.S. Environmental Protection Agency (EPA) announced its intent
to issue two carbon storage injection well permits for a world-scale ammonia fertilizer
production facility in Indiana.
West Terre Haute carbon-capture project viewed as a forerunner
By the time it’s expected to come online in 2026, a West Terre Haute-based fertilizer plant will have the capacity to capture and store as much as 1.65 million tons of carbon dioxide annually, making it one of the largest carbon-sequestration projects in the country.
- Ammonia, CCS
- June 9, 2023
“We’ll be a part of the solution…” Wabash Valley Resources moves ahead with ammonia plant plans
Senate Bill 451, now known as Public Law 53, will allow a local hydrogen plant to move forward with its expansion.
- Ammonia, CCS
- May 23, 2023
Indiana carbon sequestration bill passes
On its third attempt through the Indiana General Assembly, Wabash Valley Resources has gained approval of state legislators to grant it the ability to inject carbon dioxide deep underground near West Terre Haute, as well as produce anhydrous ammonia.
Forbes: How An Old Power Plant Is Being Refitted For The Hydrogen Economy
Talk about changing times. An old gasification plant in West Terre Haute, Indiana is getting a new life.