Minnkota Power Cooperative made a major announcement in June that TC Energy, Mitsubishi Heavy Industries and Kiewit are joining the Project Tundra team. On July 20, the cooperative had a chance to update area landowners on the new joint development effort and recap other milestones as the project nears a final investment decision in early 2024.
“It takes a lot of people working together to make Project Tundra possible,” said Minnkota CEO Mac McLennan, who opened the meeting at Square Butte Creek Golf Course near Center, N.D. “Our landowner group is at the top of this list. We remain appreciative of your commitment to helping us find solutions that ensure the Milton R. Young Station can operate in a carbon-managed future.”
Minnkota secured the largest fully permitted carbon dioxide(CO2) storage facility in the United States in 2022 near the Young Station – the site for Project Tundra. More than 95% of landowners have voluntarily consented to allowing the storage of CO2 in the pore space approximately one mile underground.
A second CO2 storage facility southwest of Center is being pursued and will provide Project Tundra with redundancy and future opportunities. A public permit hearing was held on June 30 for that facility, which currently has more than 80% voluntary landowner consent.
To date, more than $2 million has been paid to landowners who have signed leases to store CO2 in the pore space approximately one mile underground. Combined, the two CO2 storage facilities are able to store 222 million metric tons of CO2 over 20 years.
Minnkota has held several Project Tundra landowner meetings each year since 2020 to provide an opportunity for two-way communication between the landowners and project leaders. Minnkota presenters at the meeting included McLennan; Craig Bleth, Vice President of Project Development; Shannon Mikula, Environmental Manager; and Andrew Sorbo, Vice President of Strategic Initiatives.
Minnkota Power Cooperative made a major announcement in June that TC Energy, Mitsubishi Heavy Industries and Kiewit are joining the Project Tundra team. On July 20, the cooperative had a chance to update area landowners on the new joint development effort and recap other milestones as the project nears a final investment decision in early 2024.
“It takes a lot of people working together to make Project Tundra possible,” said Minnkota CEO Mac McLennan, who opened the meeting at Square Butte Creek Golf Course near Center, N.D. “Our landowner group is at the top of this list. We remain appreciative of your commitment to helping us find solutions that ensure the Milton R. Young Station can operate in a carbon-managed future.”
Minnkota secured the largest fully permitted carbon dioxide(CO2) storage facility in the United States in 2022 near the Young Station – the site for Project Tundra. More than 95% of landowners have voluntarily consented to allowing the storage of CO2 in the pore space approximately one mile underground.
A second CO2 storage facility southwest of Center is being pursued and will provide Project Tundra with redundancy and future opportunities. A public permit hearing was held on June 30 for that facility, which currently has more than 80% voluntary landowner consent.
To date, more than $2 million has been paid to landowners who have signed leases to store CO2 in the pore space approximately one mile underground. Combined, the two CO2 storage facilities are able to store 222 million metric tons of CO2 over 20 years.
Minnkota has held several Project Tundra landowner meetings each year since 2020 to provide an opportunity for two-way communication between the landowners and project leaders. Minnkota presenters at the meeting included McLennan; Craig Bleth, Vice President of Project Development; Shannon Mikula, Environmental Manager; and Andrew Sorbo, Vice President of Strategic Initiatives.
