Green Plains Announces 100% of Rights of Way Acquired on ‘Advantage Nebraska’ Carbon Capture Project with Lateral Construction Underway
Green Plains Inc. (NASDAQ:GPRE) has announced significant progress in its 'Advantage Nebraska' carbon capture strategy, confirming it remains on schedule for operation in H2 2025. Tallgrass has secured all rights of way for connecting Nebraska plants and obtained Class VI sequestration well permits. Construction of compression infrastructure will begin in February, with equipment delivery expected in Q2.
The project aims to permanently sequester 800,000 tons of biogenic carbon dioxide annually from Central City, Wood River, and York facilities, with potential scaling to 1.2 million tons per year. The recently released 45Z GREET model indicates U.S. corn ethanol can reduce its CI score by approximately 32 points with carbon capture. The Central City facility's CI score would decrease from 51 to 19 with carbon capture implementation.
This initiative positions Green Plains to benefit from Federal tax credits, state low carbon fuel markets, private carbon credit markets, and future opportunities in the sustainable aviation fuel market.
Green Plains Inc. (NASDAQ:GPRE) ha annunciato notevoli progressi nella sua strategia di cattura del carbonio 'Advantage Nebraska', confermando che rimane in linea con il programma per l'entrata in operazione nella seconda metà del 2025. Tallgrass ha acquisito tutti i diritti di passaggio per collegare gli impianti del Nebraska e ha ottenuto i permessi per pozzi di sequestro di Classe VI. La costruzione delle infrastrutture di compressione inizierà a febbraio, con la consegna delle attrezzature prevista nel secondo trimestre.
Il progetto mira a sequestrare permanentemente 800.000 tonnellate di biossido di carbonio biogenico all'anno dai siti di Central City, Wood River e York, con potenziale ampliamento a 1,2 milioni di tonnellate all'anno. Il modello 45Z GREET recentemente rilasciato indica che l'etanolo di mais degli Stati Uniti può ridurre il proprio punteggio CI di circa 32 punti con la cattura del carbonio. Il punteggio CI dell'impianto di Central City scenderebbe da 51 a 19 con l'attuazione della cattura del carbonio.
Questa iniziativa posiziona Green Plains per beneficiare di crediti d'imposta federali, mercati statali di carburanti a basse emissioni di carbonio, mercati privati di crediti di carbonio e future opportunità nel mercato dei carburanti per aviazione sostenibili.
Green Plains Inc. (NASDAQ:GPRE) ha anunciado avances significativos en su estrategia de captura de carbono 'Advantage Nebraska', confirmando que sigue en schedule para entrar en operación en la segunda mitad de 2025. Tallgrass ha asegurado todos los derechos de paso para conectar las plantas de Nebraska y ha obtenido los permisos de pozo de secuestro de Clase VI. La construcción de infraestructura de compresión comenzará en febrero, con la entrega de equipos esperada para el segundo trimestre.
El proyecto tiene como objetivo sequestrar permanentemente 800,000 toneladas de dióxido de carbono biogénico anualmente de las instalaciones de Central City, Wood River y York, con la posibilidad de escalar a 1.2 millones de toneladas por año. El modelo 45Z GREET recientemente publicado indica que el etanol de maíz de EE.UU. puede reducir su puntuación CI en aproximadamente 32 puntos con la captura de carbono. La puntuación CI de la instalación de Central City disminuiría de 51 a 19 con la implementación de la captura de carbono.
Esta iniciativa posiciona a Green Plains para beneficiarse de créditos fiscales federales, mercados estatales de combustibles de baja emisión de carbono, mercados privados de créditos de carbono y futuras oportunidades en el mercado de combustibles sostenibles para aviación.
그린 플레인스 인크. (NASDAQ:GPRE)는 '어드바티지 네브래스카' 탄소 포집 전략에서 중요한 진전을 발표하며 2025년 하반기 운영을 위한 일정에 맞춰 진행되고 있음을 확인했습니다. 탈그라스는 네브래스카 공장 연결을 위한 모든 통행 권리를 확보하고 클래스 VI 격리 우물 허가를 취득했습니다. 압축 인프라 구축는 2월에 시작되며, 장비 배송은 2분기에 예상됩니다.
이 프로젝트는 중앙 도시, 우드 리버 및 요크 시설에서 연간 800,000톤의 생물유래 이산화탄소를 영구적으로 격리하는 것을 목표로 하며, 연간 1.2백만톤으로의 확장 가능성을 가지고 있습니다. 최근 발표된 45Z GREET 모델에 따르면 미국 옥수수 에탄올은 탄소 포집을 통해 CI 점수를 약 32점 줄일 수 있습니다. 중앙 도시 시설의 CI 점수는 탄소 포집 구현 시 51에서 19로 감소할 것입니다.
이 이니셔티브는 그린 플레인스가 연방 세금 공제, 주 저탄소 연료 시장, 민간 탄소 크레딧 시장 및 지속 가능한 항공 연료 시장에서의 향후 기회를 활용할 수 있는 위치에 놓이게 합니다.
Green Plains Inc. (NASDAQ:GPRE) a annoncé des progrès significatifs dans sa stratégie de capture du carbone 'Advantage Nebraska', confirmant qu'elle reste dans les délais pour une mise en service au second semestre 2025. Tallgrass a obtenu tous les droits de passage pour connecter les usines du Nebraska et a obtenu des permis de puits de séquestration de catégorie VI. La construction de l'infrastructure de compression commencera en février, avec une livraison d'équipement prévue au deuxième trimestre.
Le projet vise à séquestrer de manière permanente 800 000 tonnes de dioxyde de carbone biogénique par an des installations de Central City, Wood River et York, avec un potentiel d'extension à 1,2 million de tonnes par an. Le modèle 45Z GREET récemment publié indique que l'éthanol de maïs américain peut réduire son score CI d'environ 32 points grâce à la capture du carbone. Le score CI de l'installation de Central City passerait de 51 à 19 avec la mise en œuvre de la capture du carbone.
Cette initiative positionne Green Plains pour bénéficier de crédits d'impôt fédéraux, de marchés de carburants à faibles émissions de carbone des États, de marchés privés de crédits carbone et d'opportunités futures sur le marché des carburants d'aviation durables.
Green Plains Inc. (NASDAQ:GPRE) hat bedeutende Fortschritte in seiner Kohlenstoffabscheidungsstrategie 'Advantage Nebraska' bekannt gegeben und bestätigt, dass der Zeitplan für den Betrieb in der zweiten Hälfte von 2025 eingehalten wird. Tallgrass hat alle Wegerechte zur Verbindung der Anlagen in Nebraska gesichert und Genehmigungen für Klasse VI Sequestrierungsbohrungen erhalten. Der Bau der Kompressionsinfrastruktur beginnt im Februar, die Lieferung der Ausrüstung wird im zweiten Quartal erwartet.
Das Projekt zielt darauf ab, jährlich 800.000 Tonnen biogenen Kohlendioxids von den Anlagen in Central City, Wood River und York dauerhaft zu sequestrieren, mit einer potenziellen Skalierung auf 1,2 Millionen Tonnen pro Jahr. Das kürzlich veröffentlichte 45Z GREET-Modell zeigt, dass US-Maisethanol seinen CI-Wert durch Kohlenstoffabscheidung um etwa 32 Punkte senken kann. Der CI-Wert der Anlage in Central City würde sich mit der Umsetzung der Kohlenstoffabscheidung von 51 auf 19 reduzieren.
Diese Initiative positioniert Green Plains, um von federalen Steuergutschriften, staatlichen Märkten für kohlenstoffarme Kraftstoffe, privaten Märkten für Kohlenstoffgutschriften und zukünftigen Möglichkeiten im Markt für nachhaltige Flugkraftstoffe zu profitieren.
- Secured all rights of way and Class VI sequestration permits
- Project on track for H2 2025 operation
- Potential to sequester up to 1.2 million tons of CO2 annually
- CI score reduction from 51 to 19 at Central City facility
- Multiple revenue opportunities through tax credits and carbon markets
- None.
Insights
The 'Advantage Nebraska' project represents a significant technological milestone in carbon capture implementation. The planned 800,000-ton annual CO2 sequestration capacity, scalable to 1.2 million tons, positions Green Plains at the forefront of industrial-scale carbon capture in the ethanol industry. The secured Class VI sequestration well permits and completed rights of way acquisitions substantially de-risk the project's execution phase.
The compression infrastructure's design demonstrates forward-thinking engineering, allowing for both increased production and post-combustion capture expansion. The 32-point CI score reduction through CCS implementation is particularly impressive, as it could effectively reduce the Central City facility's CI score from 51 to 19 - placing it among the lowest carbon intensity fuel producers globally.
For the average investor: Think of this like installing a giant vacuum cleaner that sucks up greenhouse gases and stores them underground permanently, making the fuel production much cleaner and more valuable in today's environmentally conscious markets.
The timing of this project aligns strategically with the new 45Z Clean Fuel Production Credit framework, positioning Green Plains to be among the first major beneficiaries of these federal incentives. The updated GREET model's modifications, particularly the reduced ILUC penalties and the restrictions on imported UCO, create a competitive advantage for domestic producers like Green Plains.
The regulatory landscape is increasingly favorable for this project, with multiple value capture opportunities through federal tax credits, state low-carbon fuel markets and private carbon credit markets. The potential 25-point CI advantage for renewable diesel produced from corn oil versus soybean oil feedstock further strengthens the company's market position.
In simple terms: The government is rewarding clean fuel producers with financial incentives and Green Plains is positioning itself to collect these rewards while producing some of the cleanest fuel in the market.
This project represents a significant value creation opportunity that appears underappreciated in the current stock price. The combination of secured infrastructure, regulatory tailwinds and multiple revenue streams (federal credits, state markets and private carbon markets) creates a compelling business case. With 287 million gallons of annual production capacity across Nebraska facilities, the potential earnings impact could be substantial.
The project's strategic timing with the 45Z credit implementation and the company's positioning for the emerging SAF market demonstrates strong forward-looking management. The investment in scalable compression infrastructure also provides valuable operational flexibility and future growth options.
For retail investors: This project could significantly boost Green Plains' profitability through government incentives and premium pricing for low-carbon fuels, while the current stock price doesn't seem to fully reflect this potential upside.
“We are very pleased with the progress that Tallgrass has made on the Trailblazer CCS project,” said Todd Becker, president and chief executive officer at Green Plains. “Tallgrass has secured all the rights of way for the laterals to connect our
The recently released 45Z GREET model allows
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Indirect Land Use Change (ILUC) penalties for corn were further reduced, resulting in a lower starting CI for
U.S. corn ethanol relative to prior GREET models - A transportation penalty is assessed on imported Used Cooking Oil (UCO) relative to domestic UCO, and imported UCO is prohibited from claiming the 45Z credit if used to make on-road fuels such as biodiesel or renewable diesel
- Using Renewable Corn Oil (DCO) as a feedstock to produce renewable diesel would result in an approximately 25 point CI advantage for the finished fuel relative to using soybean oil as the feedstock
“Our carbon capture strategy continues to gain momentum, and we are now even closer to being operational across our 287 million gallon
“Based on the most recent GREET model, our
About Green Plains Inc.
Green Plains Inc. (NASDAQ:GPRE) is a leading biorefining company focused on the development and utilization of fermentation, agricultural and biological technologies in the processing of annually renewable crops into sustainable value-added ingredients. This includes the production of cleaner low carbon biofuels and renewable feedstocks for advanced biofuels. Green Plains is an innovative producer of Sequence™ and novel ingredients for animal and aquaculture diets to help satisfy a growing global appetite for sustainable protein. For more information, visit www.gpreinc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250116289268/en/
Green Plains Inc. Contacts
Investors and Media: Devin Mogler | Senior Vice President, Investor Relations | 402.884.8700 | devin.mogler@gpreinc.com
Source: Green Plains Inc.
FAQ
What is the expected completion date for Green Plains' Advantage Nebraska carbon capture project?
How much carbon dioxide will GPRE's Advantage Nebraska project sequester annually?
Which Green Plains facilities are included in the Advantage Nebraska carbon capture project?
What CI score reduction will GPRE's Central City facility achieve with carbon capture?
When will construction begin on GPRE's compression infrastructure?
