News

November 14, 2023 – The U.S. Department of Energy (DOE) selected the River Parish Sequestration (RPS) project in Louisiana for $25.6 million in funding to support site characterization activities at the carbon dioxide (CO₂) storage hub located in the Louisiana Chemical Corridor between Baton Rouge and New Orleans. The grant award will help RPS advance and de-risk project development to enable commercialization and commercial operations, which could start as early as 2026. RPS’s business model is to provide Louisiana Chemical Corridor emitters with a large-scale, safe, and reliable CO₂ transportation and storage service solution.

The DOE grant funding will be used to (i) conduct an aerial magnetic survey, (ii) drill a second test well and collect additional rock core, (iii) engineer and design certain segments of the RPS pipeline system, and (iv) implement a Community Benefits Plan.

Louisiana State University (LSU) is a subrecipient on the grant award and will assist RPS with implementation of the Community Benefits Plan.

Blue Sky’s Co-Presidents Michael Manteris and Oliver Tuckerman announced, “We are excited the DOE selected the RPS Project for a Phase III CarbonSAFE grant. This grant allows us to accelerate the characterization of the project’s storage site, finalize pipeline system plans, and ensure compatibility of CO₂ sources.  As part of our grant work, we look forward to completing a suite of Community Benefits Plans along with our grant partner LSU and with community partners like the River Parishes Community College and other community stakeholders in the project area.”