Absolute Energy in Saint Ansgar, Iowa is the latest ethanol plant to partner with Summit Carbon Solutions in its carbon capture and storage project.
Absolute Energy, which commenced operations in 2008 and produces approximately 130 million gallons per year of ethanol, joins a growing network of ethanol plants as partners in the project, which upon completion will sequester up to 18 million metric tons of carbon dioxide each year. The project, extending through Minnesota, Iowa, Nebraska, South Dakota, and North Dakota, significantly reduces the carbon footprint of participating ethanol plants and opens new market opportunities.
“It fills us with a sense of purpose and satisfaction to team up with Summit on this critical mission of carbon capture and storage,” said Rick Schwarck, CEO of Absolute Energy. “The strategic placement of our Absolute Energy facility in Saint Ansgar, Iowa, coupled with our earnest endeavor to curtail greenhouse gas emissions, finds a parallel mission with Summit Carbon Solutions. We eagerly anticipate joining forces with Summit to meet our environmental sustainability goals.”
Summit’s partnership with Absolute Energy will result in the removal and permanent storage of 370,000 metric tons of CO2 per year and builds on recent momentum, including a new partnership with NuGen Energy, a South Dakota producer, and having successfully acquired 70 percent of its pipeline route through voluntary easements with nearly 2,500 landowners. These achievements underline Summit’s strong community support and shared vision for sustainable agriculture and energy production.