Summit Carbon Solutions asks for time on South Dakota permit, sets route update timeline

PIERRE, S.D. — Summit Carbon Options, the corporate behind what it calls the world’s largest carbon seize mission, has requested for extension to the allowing course of in South Dakota.

In a letter

filed with the South Dakota Public Utilities Fee on Could 9, Summit up to date a timeline for the allowing course of, together with a date of Oct. 13 to file an up to date utility and route.

The request pushes a listening to on the pipeline till after the 2023 South Dakota legislative session and units a choice date for the PUC at Could 16, 2023, and a remaining order by June 15, 2023.

Summit initially filed for a allow in South Dakota on Feb. 9, 2022. State statute spells out a one-year timeframe for appearing on the allow however candidates can ask for extra time.

On Tuesday, Could 10, the PUC authorised including extra events to the checklist of intervenors within the case.

Ought to the pipeline route change considerably, Summit can be required to inform anybody inside a half-mile of the route. Whereas the deadline for submitting to turn out to be an intervenor has handed, the PUC can contemplate late-filed purposes if the route adjustments.

“I actually really feel now we have to err towards the facet of the residents and make sure that everybody’s included that will have an curiosity,” Fee Gary Hanson mentioned in the course of the Could 10 assembly.

The mission has drawn an unprecedented variety of intervenors in a South Dakota PUC case.

The $4.5 billion pipeline is meant to hook up with 32 ethanol crops in 5 states: Iowa, Minnesota, Nebraska, North Dakota and South Dakota, sending liquid carbon dioxide from the crops to be saved underground in North Dakota.

Summit says it’ll assist cut back greenhouse gasoline emissions and assist ethanol crops stay as viable companies.

The pipeline issues some farmers who’ve worries about harm to farmland and drain tile, the doable use of eminent area to realize right-of-way for the pipeline, the protection of the hazardous supplies pipeline and different points.

In different developments on the pipeline:

Extra traders: Iowa-based Summit Carbon Options has introduced it has raised greater than $1 billion from traders.

Together with greater than $600 million already raised from prior traders, together with oil firm

Continental Sources Inc

. and Tiger Infrastructure Companions, Summit says it has a $300 million funding from

TPG Rise Local weather

.

The

Sovereign Wealth Fund Institute experiences that SK E&S Co.,

the pure gasoline enterprise unit of South Korea’s SK Group, is investing $110 million within the mission.

Eminent area objections: The Burleigh, North Dakota, County Fee has joined the variety of

North Dakota counties passing a decision

towards using eminent area to realize pipeline right-of-way. The vote got here at a Could 2 assembly.

The principle trunk of the pipe would move by means of Burleigh County, which incorporates the state capital of Bismarck, on its technique to the sequestration website.

Summit has but to file for a pipeline allow in North Dakota.