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Energy Policy and Innovation Center (EPICenter)

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Carbon Capture, Utilization, and Storage in the Southeastern U.S.: Cost Competitive?

2022-11-05 , Simmons, Richard A. , Murphy, Sharon

Achieving net zero carbon emissions will require a combination of renewable energy technologies and carbon capture. Indeed, a great deal of investment has been devoted to the source side of the ledger, such as replacing fossil fuels with renewables, making combustion processes more efficient, and leveraging nuclear energy. Considerably less funding has flowed toward solving the problem of accumulating emissions in the atmosphere, for instance by capturing carbon at the point of electricity generation, or extracting carbon prior to combustion. Nonetheless, a variety of studies have shown that the lowest societal cost means of achieving net zero emissions, as well as ensuring a resilient grid, must include carbon capture. This whitepaper discusses the role of the southeast in this broader nation carbon capture landscape, particularly focusing on the question “What will be the role of Southeast region in this broader national carbon capture effort in the United States?”

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Industrial Data and Regional Economic Development Phase 1 Study and Findings

2018-02 , Clark, Jennifer , Lodato, Thomas James , Sudharsan, Supraja

The digitalization of industries is leading to new services and opportunities for firms, regions and economies. The ability to monitor and diagnose equipment conditions and operations in real-time, respond to changes in equipment performance, and share this data across stakeholders and regulators is expected to improve business profitability, innovation, job growth, and regulatory compliance. The goal of this study is to evaluate the nature of these changes as they relate to the production and use of industrial data. Simultaneously, the study identifies and assesses the factors that influence regional economic development.