Power Industry Webinar Production & Promotion
Incentive to Reality: Launching One of the First Privately Funded Commercial-Scale CCUS Projects
Despite existing incentives like Section 45Q, CCUS projects remain rare due to the high costs of current carbon capture technologies. This is set to change with the upcoming installation of one of the first privately funded commercial-scale CCUS project by CORMETECH Inc. and Ozona CCS LLC in late 2025. Located in Texas, the system will capture and sequester CO₂ from flue gas produced by natural gas engines driving compressors at a production facility. By leveraging the Section 45Q credit, the project aims to achieve positive cash flow, high returns, and decarbonized operations. Ozona and CORMETECH anticipate that this project will serve as a blueprint for the rapid adoption of CCUS, particularly in the growing engine-driven power generation segment at natural gas processing facilities, data centers, and other prime power sites with access to sequestration pore space.
This webinar will cover:
CORMETECH’s modular carbon capture technology
Ozona’s business model and choice of CORMETECH as a partner
Details of the planned project at a natural gas processing and storage facility
Assessing the business case for your facility