NextDecade eyes carbon-neutral Rio Grande LNG
US LNG export project developer, NextDecade is developing processes for its proposed Rio Grande LNG project to be carbon neutral.
The company said it has developed proprietary processes using proven technology to reduce carbon dioxide equivalent (CO2e) emissions at the facility by approximately 90 percent.
NextDecade said it is also exploring options to address the remaining emissions to enable Rio Grande LNG to achieve carbon-neutrality.
Throughout the course of NextDecade’s pre-FID development activities, it has evaluated multiple technical solutions to ascertain the commercial viability of dramatically reducing CO2e emissions at Rio Grande LNG.
Based on these evaluations, NextDecade has determined that carbon capture and storage (CCS) is the most feasible technical solution for Rio Grande LNG.
The company believes that the addition of CCS technology in conjunction with its proprietary processes could reduce the CO2e emissions of its Rio Grande LNG facility by approximately 90 percent.
While NextDecade advances its work in this area, the Company is also exploring options to address the remaining (approximately 10 percent) CO2e emissions.
NextDecade continues to work on remaining commercial agreements needed to achieve a final investment decision in 2021.