Summit Carbon Solutions

Summit Carbon Solutions is a privately held American infrastructure developer focused on carbon capture, utilization and storage (CCUS). The company is best known for proposing one of the largest carbon dioxide pipeline networks in the world, designed to gather CO2 captured at ethanol plants across the US Midwest — principally Iowa, Nebraska, Minnesota, South Dakota and North Dakota — and transport it to underground geologic storage sites in North Dakota. The project is a business-to-business infrastructure play rather than a consumer brand. Its customers would be ethanol producers seeking to lower the carbon intensity of their fuel, which can qualify them for low-carbon fuel markets and tax credits. Summit Carbon Solutions' network is anchored on the concept of a shared, multi-shipper trunk line, with the company earning revenue through transportation and sequestration services. The venture has been one of the most closely watched — and most contested — energy infrastructure projects in the region. It has faced sustained opposition from landowners over eminent domain and route concerns, and permitting has proceeded state by state, with outcomes differing across the Upper Midwest. The company has also pursued an underground storage permit in North Dakota. Summit Carbon Solutions is associated with the Summit Agricultural Group, an Iowa-based agribusiness founded by Bruce Rastetter, and its leadership has been publicly linked to that organization. Because the project is privately held and still in development, financial details and final route configurations remain subject to change.

Summit Carbon Solutions emerged from the Summit Agricultural Group, an Iowa-based agribusiness founded by Bruce Rastetter, which expanded from farming and ethanol interests into energy and infrastructure ventures. The company was formed to develop a carbon capture and sequestration pipeline network serving ethanol plants across the US Midwest. The core concept was a shared trunk line: rather than each ethanol plant building its own sequestration solution, Summit Carbon Solutions would gather CO2 from dozens of facilities in Iowa, Nebraska, Minnesota, South Dakota and North Dakota and move it by pipeline to underground storage in North Dakota. Capturing and permanently storing fermentation CO2 would allow participating ethanol producers to market lower-carbon fuel and access associated incentives. The project moved through state-level permitting in the early 2020s. It drew intense scrutiny from landowners and county officials concerned about route placement and the use of eminent domain, and its initial Iowa permit application was rejected by the Iowa Utilities Commission before being reconsidered. North Dakota regulators considered a underground storage permit for the sequestration site. The company also restructured its route and ownership arrangements over time, adding partners and adjusting the pipeline's footprint in response to regulatory feedback. Because the network is still being permitted and built, Summit Carbon Solutions remains a development-stage infrastructure company rather than an operating pipeline operator. Its trajectory depends on the pace of state approvals, federal tax-credit policy for carbon capture, and the willingness of ethanol producers to sign long-term transportation and storage agreements.

• Formed within the Summit Agricultural Group to develop a Midwest CO2 pipeline network for ethanol plants

• Pursued state-by-state permitting for the pipeline across Iowa, Nebraska, Minnesota, South Dakota and North Dakota

• Faced rejection and later reconsideration of its initial Iowa permit application

• Sought an underground CO2 storage permit in North Dakota

Developer of shared carbon-capture infrastructure for the Midwestern ethanol industry, positioning itself as an enabler of low-carbon fuel markets.

• CO2 pipeline transportation network

• Geologic carbon sequestration services

• Unconfirmed

  Texas supplier sues Summit Carbon Solutions over unpaid valve order[1]得克萨斯供应商因未付阀门订单起诉Summit Carbon Solutionsamazingmadison.com

  A Texas supplier filed a federal lawsuit in New York against Summit Carbon Solutions, the company behind the Midwest Carbon Pipeline, alleging Summit paused payments on specialized carbon capture valves after paying about $5 million, leaving more than $2 million unpaid. The report states this is the second lawsuit filed against Summit by a major pipeline industry vendor.

• 2022-01-10

  Summit Carbon Solutions appoints Ben Nelson as Director of Carbon Programs[2]Summit Carbon Solutions任命Ben Nelson为碳项目总监prnewswire.com

  Reported: 2022-01-10

  Summit Carbon Solutions announced that Ben Nelson joined the company as Director of Carbon Programs.

• 2022-01-10

  Summit Carbon Solutions and Northern Plains Nitrogen partner on carbon capture and storage[3]Summit Carbon Solutions与Northern Plains Nitrogen合作开展碳捕集与封存项目prnewswire.com

  Reported: 2022-01-10

  Summit Carbon Solutions announced a partnership with Northern Plains Nitrogen for carbon capture and storage. Northern Plains Nitrogen will capture 500,000 tons of carbon dioxide emissions per year, which Summit Carbon Solutions will transport and permanently store in central North Dakota.

• Unconfirmed

  Summit Carbon Solutions partners with biorefiners for project’s first phase[4]Summit Carbon Solutions与生物炼制厂合作推进项目首阶段pollutiononline.com

  Summit Carbon Solutions said it had partnered with biorefiners in Iowa, Minnesota, South Dakota and North Dakota to execute the first phase of its carbon-capture project.

• Unconfirmed

  Summit Carbon Solutions announces creation of carbon-capture platform[4]Summit Carbon Solutions与生物炼制厂合作推进项目首阶段pollutiononline.com

  Summit Agricultural Group announced the creation of Summit Carbon Solutions, a new business platform intended to develop a carbon capture and storage project in the U.S. Midwest. The project was described as expected to be operational in 2024.

1. 1得克萨斯供应商因未付阀门订单起诉Summit Carbon Solutionsamazingmadison.com
2. 2Summit Carbon Solutions任命Ben Nelson为碳项目总监prnewswire.com
3. 3Summit Carbon Solutions与Northern Plains Nitrogen合作开展碳捕集与封存项目prnewswire.com
4. 4Summit Carbon Solutions与生物炼制厂合作推进项目首阶段pollutiononline.com
5. 5Texas supplier sues Summit Carbon Solutions over unpaid ordersdakotanewsnow.com