Major coal CCS project hits delays, cost spikes
06/25/2024
The lead developer of one of the world’s largest carbon capture proposals is delaying a final decision on construction, citing challenges such as “uncertainty” created by EPA’s final power plant rule.
Developers of Project Tundra — which envisions capturing up to 4 million metric tons of carbon dioxide annually from the coal-fired Milton R. Young Station in North Dakota — told POLITICO’s E&E News this month that they are aiming to reach a final investment decision (FID) by the end of the year, instead of mid-2024.
