Carbon TerraVault IV — CTV IV

Overview

Status

Announced

Region

North America

Geography

USA

State

California

Equity Owner

Carbon TerraVault (California Resources Corporation, Brookfield Renewable)

Proponent

Carbon TerraVault (California Resources Corporation, Brookfield Renewable)

Output

Carbon sequestration

Type of electricty

Capacity

34 million metric tons

Financing

Technology

Technical Advisors

Advisors

Project Contact

Mac McFarland, CRC’s President and Chief Executive Officer

Lawyers

Project Cost

Offtaker

Commercial Operations Date

Decommission Date

FID

Description

In May 2023, California Resources Corporation (CRC) applied for a Class VI permit for 34 million metric tons (MMT) of permanent carbon dioxide (CO2) storage for Carbon TerraVault (CTV) IV, bringing CTV’s total potential permitted storage to date to 174 MMT.us

May 3, 2023

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