ENCHANT ENERGY
A Full-Service Carbon Capture Partner to Industry and CommunitiesEnchant Energy Corporation is a New Mexico based carbon capture and storage (CCS) developer and energy provider in the Western United States.
We bring CCS as a service in order to mitigate climate change, produce reliable energy, preserve and create jobs, and catalyze sustainable development in the communities we serve. Through crucial R&D and world-class partnerships, we are providing a roadmap for the safe decarbonization of our environment.
The San Juan Generating Station
Enchant’s first project, the San Juan Generating Station (SJGS), will be the lowest emitting coal plant in the world. It is designed to reduce CO2 emissions by 95%, deliver competitively priced energy throughout New Mexico and the West; protect jobs as well as schools that primarily serve indigenous communities; and provide a roadmap for scaling CCS nationally and around the world.
At a 95% carbon capture rate, SJSG will be the lowest emitting coal plant in the world—and could become the largest CCS project in the world.
Milestones
Why partner with Enchant?
Decarbonized Electricity
With continued focus on decarbonizing electric power, Carbon Capture and Sequestration (CCS) will play a critical role in achieving goals
Critical to Meeting Climate Targets
Analysis by IPCC1, IEA2, and the U.S. EIA3 consistently indicate that deploying CCS at significant scale is critical to meeting long-term climate targets
Proven Technology
Amine technology is proven technology for CO2 removal and is now being applied to power plant stack emissions
Avoided Emissions
CCS will help avoid emissions from the vast fleet of existing fossil-fueled power plants through retrofits
Flexible Dispatchable Capacity
CCS enables “the growing need for system flexibility as the share of variable renewable energy technologies in generation and the need for dispatchable capacity”
Attractive Investment Opportunities
Declining cost of CO2 capture combined with strong tax and market incentives drive attractive investment opportunities with strong returns