The Illinois Carbon Dioxide Storage Lease is a legal agreement that allows operators to store carbon dioxide (CO2) underground in specific areas in the state of Illinois. This lease is designed to facilitate the process of carbon capture and storage (CCS) initiatives, which aim to reduce greenhouse gas emissions and mitigate climate change. Under the Illinois Carbon Dioxide Storage Lease, operators are granted the right to access and use underground formations in Illinois for storing CO2. These formations typically include deep saline aquifers and depleted oil and gas reservoirs that have the adequate capacity to store large volumes of CO2 safely and securely. One type of Illinois Carbon Dioxide Storage Lease is related to saline aquifers. Saline aquifers are underground rock formations consisting of porous rocks filled with salty water. These aquifers provide suitable storage sites as the captured CO2 is injected into the porous rock formations, displacing the saline water and remaining trapped deep underground. The lease agreement for saline aquifer storage typically involves long-term commitments and strict monitoring protocols to ensure the integrity of the storage site and prevent any potential leakage. Another type of Illinois Carbon Dioxide Storage Lease is associated with depleted oil and gas reservoirs. These reservoirs have been previously exploited for hydrocarbon extraction but are no longer economically productive. Such reservoirs often possess the necessary characteristics for CO2 storage due to their physical properties, including good sealing rocks and suitable traps. The CO2 injected into these reservoirs get trapped within the reservoir space, preventing its release into the atmosphere. The lease for depleted oil and gas reservoir storage can involve additional considerations, such as understanding the reservoir's history and potential interaction with remaining hydrocarbons. To establish an Illinois Carbon Dioxide Storage Lease, interested parties, such as industrial facilities or power plants, need to enter into negotiations with the appropriate regulatory authorities. These negotiations involve detailed assessments of potential storage sites, modeling studies, and the development of monitoring and verification methodologies. Once an agreement is reached, operators can proceed with the necessary permits, injection procedures, and ongoing monitoring to ensure the safe and efficient storage of CO2. The Illinois Carbon Dioxide Storage Lease plays a crucial role in advancing carbon capture and storage technologies and promoting sustainable practices in Illinois. By providing a legal framework for CO2 storage, it encourages industries to reduce their carbon emissions, supports climate change mitigation efforts, and promotes the development of a low-carbon economy for the state and the nation as a whole.
Illinois Carbon Dioxide Storage Lease
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CO2 is transported, stored and handled in liquid form, either at ambient temperature (in cylinders or non-insulated storage tanks at a pressure of 45-65 bar) or refrigerated (in insulated tankers and storage tanks) at temperatures between -35 °C and -15 °C and pressures of 12 to 25 bar.
In the event of a carbon pipeline rupture or leak, an explosive plume of CO2 gas can emerge, odorless and colorless, an asphyxiant that can suffocate all living beings, and prevent combustion vehicles like cars from starting to enable an escape to safety.
The analysis suggests coal-sourced CO2 emissions can be stored in this region at a cost of $52?$60 ton?1, whereas the cost to store emission from natural-gas-fired plants ranges from approximately $80 to $90. Storing emissions offshore increases the lowest total costs of CCS to over $60 per ton of CO2 for coal.
Under Navigator's plan, Illinois would store carbon dioxide collected from 5 states. Industrial sites in Minnesota, Nebraska, South Dakota and Iowa would all send carbon dioxide through Navigator's pipeline to be sequestered in geologic formations in central Illinois.
In order to transport the carbon dioxide via pipeline, it must be liquified under pressure 3 times the rate of natural gas. CO2 pipelines can, and do, rupture or leak. When this occurs, an explosive plume of CO2 gas can emerge that can travel a mile or more.
Under Navigator's plan, Illinois would store carbon dioxide collected from 5 states. Industrial sites in Minnesota, Nebraska, South Dakota and Iowa would all send carbon dioxide through Navigator's pipeline to be sequestered in geologic formations in central Illinois.
Underground CO2 Storage Has operated Safely for decades We can now capture carbon emissions instead of releasing them into the atmosphere. Pipelines are needed to deliver those emissions from where they're captured to their permanent underground storage area hundreds or potentially thousands of miles away.
Creates the Carbon Dioxide Geologic Storage Act. Provides that the Act applies to carbon dioxide injections that commence on or after January 1, 2021. Provides that a storage operator may not operate a storage facility without a reservoir permit issued by the Department of Natural Resources.