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Preliminary Evaluation of Community-Oriented Risk Analysis of Carbon Capture, Transport, and Storage in the United States 7/15/24

Preliminary Evaluation of Community-Oriented Risk Analysis of Carbon Capture, Transport, and Storage in the United States

Mines Civil and Environmental Engineering PhD student researcher Nicolas G. Perticari Pesci writes the second in a series of papers on the use of Carbon Capture and Storage (CCS). CCS projects are slated to be multi-billion-dollar infrastructure projects comprised of carbon dioxide pipelines, capture sites, and injection wells for the sub-surface.  While the technical feasibility of carbon capture projects is explained systematically, for example as part of the permitting application for Class VI wells for geological storage, the social implications of projects are equally important and must also be evaluated to better understand risks and holistic mitigation of liability for all involved parties.  July 15, 2024.

La Niña is coming. Here’s how it could change the weather. 7/11/24

La Niña is coming. Here’s how it could change the weather.

Payne Institute Faculty Fellow Nathan Lenssen contributes to this article about how the planet is officially on alert for La Niña, the foil to the El Niño climate pattern, scientists declared Thursday. It could have a cooling effect on the ongoing stretch of record global heat, and is likely to help trigger a flurry of intense Atlantic hurricanes this fall. July 11, 2024.

Why steel prices have been sagging all year

Why steel prices have been sagging all year

Payne Institute Faculty Fellow Ian Lange is featured on this podcast about how there are two reasons steel prices have dropped? Slowed construction spending and flat-ish manufacturing activity.  In China, because their economy is faltering so significantly, yet they’re still producing a lot of steel, they’re exporting their steel market weakness to the rest of the world, and it could be a while before the market picks up.  July 9, 2024.

Assessment of Peer-to-Peer Trading Benefits 7/10/2024

Assessment of Peer-to-Peer Trading Benefits

Emon Chatterji and Payne Institute Director Morgan Bazilian write about how a Peer-to-peer (P2P) electricity trading model can enable customers to support each other with potentially significant economic benefits, yields technical benefits to reduce losses/congestion, and presents a greater opportunity to maximize variable renewable development. This study uses a two-stage optimization model to generate supply curves for individual customers, followed by an optimization by the P2P operator to maximize the savings. July 10, 2024.

U.S. researchers build 16%-efficient mini perovskite solar module resistant to UV light-induced degradation 7/10/24

U.S. researchers build 16%-efficient mini perovskite solar module resistant to UV light-induced degradation

Payne Institute Faculty Fellow Allan Sellinger contributes to this article about how a U.S. research team has built a 15 cm2 perovskite solar module with improved stability and efficiency thanks to a polymer hole transport layer that reportedly improves the panel stability and efficiency. July 10, 2024.

Mineral Supply Chains and Space Assets 7/9/2024

Mineral Supply Chains and Space Assets

Payne Institute Fellow Gregory Wischer, Gregory Autry, and Director Morgan Bazilian write about how both the United States and China seek to build and deploy significant numbers of space assets, most of which are mineral intensive.  The mineral compositions of three important space assets—satellites, direct-ascent antisatellite weapons, and rocket bodies—require the United States to import minerals, particularly from China, for their construction.  Consequently, the US space industry, and thus the US government, faces the associated risks of supply chain disruptions that can restrict mineral availability and cause price volatility, negatively impacting space asset production. This article proposes three policies to mitigate such risks to the mineral supply chains. July 9, 2024.  

GEOLOGICAL STORAGE: RISKS AND OPERATIONAL RISK MITIGATION 7/8/2024

GEOLOGICAL STORAGE: RISKS AND OPERATIONAL RISK MITIGATION

Payne Institute Sustainable Finance Lab Program Manager Brad Handler, Payne Institute CCS Program Manager Anna Littlefield, and student researcher Felix Ayaburi write the first in a series of papers on the use of Carbon Capture and Storage (CCS) as a climate mitigation tool envisions the permanent underground storage of CO2. The prospects for large scale adoption of geological storage has raised concerns regarding the risks — of property damage, environmental degradation, and to human health— if stored CO2 were to leak to the surface or into shallow water resources.  July 8, 2024.

INTRODUCTION: RISK MITIGATION IN GEOLOGICAL STORAGE OF CO2 7/8/2024

INTRODUCTION: RISK MITIGATION IN GEOLOGICAL STORAGE OF CO2

The Payne Institute Sustainable Finance Lab writes the introduction to a series of papers that looks at Carbon Capture and Storage (CCS).  CCS is an integral activity in the effort to limit global warming and its harmful effects.  That contribution requires a significant scaling of CCS operations, and initiatives for new CCS projects are indeed proliferating.  July 8, 2024.

A tell-tale sign that China could be preparing for war 7/4/24

A Tell-tale Sign that China Could Be Preparing For War

Payne Institute Fellow Gregory Wischer’s ‘Statement for the Record’ was highlighted in an article discussing how a telling similarity has been noticed between what Germany was doing before it invaded Poland in September 1939 and what China is doing now – stockpiling resources and raw materials. July 4, 2024.

UNITED STATES FOSSIL FUELS AND PROVIDING ENERGY TO OTHER COUNTRIES IN BALANCE WITH CLIMATE CHANGE

UNITED STATES FOSSIL FUELS AND PROVIDING ENERGY TO OTHER COUNTRIES IN BALANCE WITH CLIMATE CHANGE

Payne Institute Director Morgan Bazilian is on the Aaron Harber Show discussing the trade off between the dependency of the United States on fossil fuels and providing energy to other countries in balance with climate change.  Also, the balance between energy security, energy independence, and the environment.  July 3, 2024.  

Elevate Quantum awarded $40.5M to expand quantum ecosystem in Colorado, Mountain West 7/2/2024

Elevate Quantum awarded $40.5M to expand quantum ecosystem in Colorado, Mountain West

Payne Institute Faculty Fellow Eliot Kapit is featured in this article about how Mines is part of regional consortium receiving federal funding to support efforts to strengthen the quantum workforce over the next decade.  The federal funding, alongside Colorado’s recently passed $74 million Quantum Tax Credit and New Mexico’s substantial quantum investments, will enable Elevate Quantum to deliver on its key objectives, such as launching 50+ quantum startups, upskilling 30,000 workers, and establishing a world-leading quantum lab to provide state-of-the-art hardware and expertise to startups.  July 2, 2024.

Mines-developed molecule improves performance of perovskite solar cells 7/1/2024

Mines-developed molecule improves performance of perovskite solar cells

Payne Institute Faculty Fellow Alan Sellinger is featured in this article about how a new molecule, called EtCz3EPA, was designed, and synthesized by his research group.  The molecule, which forms stronger bonds within the solar cells, enhancing the connection between different parts of the cells. In doing so, the molecule increases the cell’s stability and efficiency – even when exposed to UV radiation and tested outdoors.  July 1, 2024.

Why Is China Stockpiling Key Resources? 6/28/24

Why Is China Stockpiling Key Resources?

Payne Institute Fellow Gregory Wischer is highlighted in an article about a question that prompted a hearing this month by the U.S.-China Economic and Security Review Commission, a government-funded organization that follows the relationship between the United States and China.  Is China preparing to invade Taiwan, or just flexing its muscles to attract attention? “The Chinese central government stockpiling minerals is one potential indicator that it may be preparing to invade Taiwan,”  ​Gregory Wischer of Dei Gratia Minerals told the Commission in a prepared statement. June 28, 2024.

US Stockpiles of the Rare Earth Minerals 6/27/2024

US Stockpiles of the Rare Earth Minerals

Payne Institute Fellow Gregory Wischer contributes to an article about how he suspects national stockpile levels are well below where they should be given the available information.  Rare earth minerals are needed to make all sorts of things, from F-35 stealth fighters and night-vision goggles to internet fiber-optic cables and MRI machines and suspects national stockpile levels are well below where they should be given the available information. June 27, 2024.

Statistical Review of World Energy 6/26/2024

Statistical Review of World Energy

The Payne Institute Earth Observation Group provided the data for global gas flaring based on our satellite data algorithms for the Energy Institute Statistical Review of World Energy.  The Energy Institute Statistical Review of World Energy analyses data on world energy markets from the prior year. Previously produced by bp, the Review has been providing timely, comprehensive and objective data to the energy community since 1952.  June 26, 2024.

Comparable to Germany before World War II? China’s strategic metal reserves have attracted attention, especially copper and cobalt 6/20/2024

Comparable to Germany before World War II? China’s strategic metal reserves have attracted attention, especially copper and cobalt

Payne Institute Communications Associate Greg Wischer contributes to this article about how China’s control and reserves of key mineral resources such as rare earths, lithium, copper (Copper) and cobalt (Cobalt) have increasingly attracted the attention of the United States and the West. In addition to worries about being too dependent on China for key minerals, China’s control and reserves of key minerals also make the United States and the West worried that China is preparing for a potential war.  June 20, 2024.

Fostering Effective Energy Transition Report 2024 6/19/2024

Fostering Effective Energy Transition Report

Payne Institute Director Morgan Bazilian and Advisory Board Member David Victor contribute to the report which looks at the Energy Transition Index (ETI), which benchmarks 120 countries on their current energy system performance and on the readiness of their enabling environment, finds that while there has been notable progress in energy efficiency and a marked increase in the adoption of clean energy sources, energy transition momentum has been held back by setbacks in energy equity, driven by rising energy prices in recent years. Energy security also continues to be tested by geopolitical risks.  June 19, 2024.

The Payne Institute experts are regional, national, and international leaders in applied research in natural resources, energy, and the environment. Our team is involved in a wide variety of research projects in these fields, and are committed to sharing these results with academic and professional audiences.

DISCLAIMER: The opinions, beliefs, and viewpoints expressed are those of the author alone and do not reflect the opinions, beliefs, viewpoints, or official policies of the Payne Institute or Colorado School of Mines.