January 29, 2023
By Todd Neeley - DTN Staff Reporter
Poet to
Add 17 Plants to CO2 Pipeline
LINCOLN, Neb. (DTN) --
Poet LLC agreed to connect all its ethanol plants in Iowa and South
Dakota to Summit Carbon Solutions' proposed carbon pipeline as Summit
continues to work through regulatory hurdles to build what would be a
1,250-mile pipeline across five states.
The announcement comes just days after the grand opening of what is
believed to be the world's first sustainable aviation fuel plant in
Soperton, Georgia. Just last week, Iowa agriculture and biofuels
officials called for widespread adoption of carbon capture and
sequestration among Iowa ethanol plants to make the industry more
attractive to SAF production.
If the pipeline is built, Poet and Summit said in a news release on
Monday, the Poet plants will be able to sequester about 4.7 million
metric tons (mmt) of carbon dioxide annually.
The Summit project has faced several regulatory challenges in the past
year or so.
"The timeline for the addition of these plants is strategically
planned," according to the news release.
"The plants in South Dakota will be included in the upcoming state
application, ensuring a streamlined integration into Summit's existing
project framework. Meanwhile, for the plants in Iowa, separate
applications will be filed, acknowledging the unique requirements and
opportunities in each state. This structured approach allows Summit to
efficiently expand our project scope while adhering to local
regulations and needs."
On Aug. 4, 2023, the North Dakota Public Service Commission
unanimously denied a siting permit for the project that would traverse
through Iowa, Minnesota, Nebraska, South Dakota and North Dakota.
Poet LLC has struck an agreement with Summit
Carbon Solutions to add many of Poet's ethanol plants to the Midwest
Carbon Express, a pipeline under development. The Summit project
continues to face regulatory hurdles. (DTN file photo)
In rejecting a site
permit, the NDPSC cited a U.S. Geological Survey that found 14 areas
of potential geological instability within the project corridor.
Similar permit requests
were rejected in South Dakota last year, and as of last fall, Summit
continued to negotiate with hundreds of property owners in Iowa to
acquire land for the project. The Iowa Utilities Board is now
reviewing Summit's permit applications in that state after months of
hearings on the project, though there is no deadline for the Iowa
board to make that decision.
The addition of the Poet
plants to the pipeline would increase the number of plants connected
to a future pipeline from about 30 to nearly 50.
After Navigator CO2
Ventures canceled a planned carbon pipeline in October 2023, Summit
announced it was delaying its project by two years to 2026. Poet
originally planned to connect 18 ethanol plants to the Navigator
pipeline.
"Poet is excited to
partner with Summit Carbon Solutions on this historic project," said
Jeff Broin, Poet founder and CEO.
"As the world seeks
low-carbon energy solutions, carbon capture ensures that ag-based
biofuels will remain competitive for decades to come. This is a
tremendous opportunity to bring value to farmers, bioethanol producers
and rural communities and counties in participating states, and I
believe it will unleash even more opportunities for ag and
bioprocessing in the future."
Bruce Rastetter, founder
and executive chairman of Summit Agricultural Group, said in a news
statement the agreement was "historic" and would lead to more economic
opportunity for farmers.
"Poet is the largest
bioethanol producer in the world, and their partnership with Summit
Carbon Solutions ensures that decarbonizing bioethanol will lead to
exciting new market opportunities for producers, rural economies and
American energy security," Rastetter said in the statement.
"I have known Jeff Broin
for two decades, and there is no question about his passion,
leadership, and influence. It's an honor to work with him again to
help revolutionize biofuels and agriculture for decades to come."
Read more on DTN: "Carbon
Pipeline Hearings in Iowa," "Navigator Cancels Carbon Pipeline Plans,"
"Capturing SAF Promise in Rural America," Todd Neeley can be reached
at Follow him on X, formerly known as Twitter, @DTNeeley
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