North Dakota Carbon Capture Project in Limbo After Canada Group's Exit [Yahoo! Finance]
TC Energy Corporation (TRP)
Last tc energy corporation earnings: 5/1 07:30 am
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Source: Yahoo! Finance
Project Tundra, which aimed to capture carbon dioxide from flue gas from two coal-fired units at the 705-MW Milton R. Young Station near Center, North Dakota, is now in limbo just two months after securing more than $4 million in funding from the U.S. Dept. of Energy (DOE). TC Energy Corp., headquartered in Calgary, Alberta, reportedly said it will shift its focus to projects better aligned with the company's commercial interests. TC Energy is an energy infrastructure group that develops pipelines and is focused on natural gas and power. The exit comes as Minnkota Power Cooperative, the project lead, said it would not reach a final investment decision on Tundra by the end of the year, according to Politico's E&E News service. Project Tundra earlier this year received a $4.1 million award from the DOE's Office of Clean Energy Demonstrations. Minnkota officials had said the initiative was an important part of the state's climate change strategy. Reports said Minnkota has acknowledged th
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- 11/7/24 - Beat
TRP
Sec Filings
- 12/2/24 - Form 6-K
- 11/20/24 - Form 6-K
- 11/13/24 - Form SC
- TRP's page on the SEC website