Summit Carbon Solutions (Summit) and Infinium, a leading electrofuels (eFuels) producer, have entered an arrangement for the supply of up to 670,000 metric tons of carbon dioxide (CO2) annually at a proposed eFuels facility in North Dakota or South Dakota.
By leveraging Summit's pipeline network, Infinium would have access to a consistent supply of CO2 — important to the production of ultra-low carbon eFuels. These fuels, made by combining captured CO2 with renewable power-derived green hydrogen, are used in the aviation, shipping, and heavy transport sectors, increasing domestic energy production and the supply of high demand eFuels to US and international markets.
"This partnership demonstrates how CO2 infrastructure drives energy independence and enables new markets for ethanol producers, farmers, and rural communities," said Lee Blank, CEO of Summit Carbon Solutions. "CO2 is a commodity with growing value, and Infinium's eFuels technology is an important piece of the puzzle. By providing a reliable CO2 supply, we're helping unlock opportunities that support domestic energy production and economic growth."
Construction and operation of an Infinium eFuels facility in the Midwestern US would promote significant investment in state and local economies, create high-paying, skilled jobs, and support hundreds of additional positions. At the same time, it would open additional market opportunities for US ethanol producers and farmers in Americas Heartland.
"As demand for eFuels continues to rise, it is essential to secure reliable and scalable CO2 sources," said Robert Schuetzle, CEO of Infinium. "Summit's infrastructure would supply the CO2 needed to scale production and advance eFuels as a key part of America's energy future."
