Natural gas offers a cleaner and more efficient option than burning other traditional fuels, producing less pollution and fewer greenhouse gases than its counterparts. Due to these factors, natural gas-fired systems, such as reciprocating engines and turbines, are used extensively in a range of energy-intensive industries, including natural gas processing plants, data centers, and prime power applications.
As industries aim for net zero, natural gas must continue to decarbonize, making carbon capture utilization and storage (CCUS) essential for future power generation. Section 45Q of the Inflation Reduction Act (IRA) provides a tax credit for captured carbon dioxide (CO₂) that is stored or reused, encouraging investment in carbon capture and sequestration (CCS) technologies.
Business Case for Commercial-Scale CCUS
Despite existing incentives like Section 45Q, CCUS projects remain rare due to the high costs of current carbon capture technologies. This is set to change with the upcoming installation of the first privately funded commercial-scale CCUS project by CORMETECH Inc. and Ozona CCS LLC in late 2025. Located in Texas, the system will capture and sequester CO₂ from flue gas produced by natural gas engines driving compressors at a production facility. By leveraging the Section 45Q credit, the project aims to achieve positive cash flow, high returns, and decarbonized operations. Ozona and CORMETECH anticipate that this project will serve as a blueprint for the rapid adoption of CCUS, particularly in the growing engine-driven power generation segment at natural gas processing facilities, data centers, and other prime power sites with access to sequestration pore space.
- CORMETECH’s modular carbon capture technology
- Ozona’s business model and choice of CORMETECH as a partner
- Details of the planned project at a natural gas processing and storage facility
- Assessing the business case for your facility
- Those with access to sequestration pore space interested in carbon capture (Texas, Louisiana, New Mexico, etc.)
- Owners of natural gas production and compression facilities looking to reduce their carbon footprint or address electrification.
- Individuals involved in decarbonizing industrial processes, including natural gas production, refineries, chemical plants, and gas-fired power generation.
- Developers and owners of prime power solutions and data centers seeking affordable, low-carbon intensity options.
- Natural gas engine OEMs, distributors, O&M providers, and SCR system suppliers.
- Architects, engineers, and carbon storage consultants.
Register today to secure your spot in this free webinar! Attendees are encouraged to ask questions during the Q&A session of the webinar.
Presenters
Nick Pollack | Vice President of Emerging Business | CORMETECH
Nick Pollack has extensive work experience in various roles within the environmental sector with ExxonMobil, Calgon Carbon Corporation, and CoaLogix. Currently, he is the Vice President of Emerging Business at CORMETECH, driving new sales opportunities and leads strategic planning efforts for their carbon capture technologies. Nick Pollack has Bachelor of Science (BS), Master of Science (MS) and Doctor of Philosophy (PhD) degree in Chemical Engineering University of Pittsburgh.
Doug McClure | Vice President | Ozona
Doug McClure is Vice President at Ozona CCS LLC, where he leads business development for cost-effective CO2 recovery solutions in the Permian Basin, Eagle Ford, and Corpus Christi areas. Ozona specializes in capturing, transporting, and sequestering CO2 from industrial sources. Previously, Doug was VP of Business Development at EPIC Pipeline Company. He holds an MBA in Finance from the University of Houston and a BS in Chemical Engineering from the University of Oklahoma.
