CHP Partners with Carbon Capture to Unlock Millions in Low Carbon Ethanol Value

This poster presentation seeks to overview the economic benefits and opportunities Low Carbon Ethanol producers may realize by utilizing available 45Z tax credits and implementing new utility generation and carbon capture technologies. DTE Vantage is currently developing a carbon capture and sequestration (CCS) project in combination with a combined heat and power (CHP) project to serve a major Midwest ethanol production facility. This combined project captures CO2 directly from the ethanol fermentation process and compresses and sequesters it onsite via compression and an injection well. A CHP facility has been added to provide the additional power required to run CCS compression as well as generate steam to be used in the ethanol production process. This additional CHP plant has driven overall carbon intensity (CI) down several points. With 45Z tax credits allowing for up to $0.10 per gallon per CI point below 50, a large ethanol plant can generate tens of millions of dollars annually in tax credits through the addition of a CHP plant. 

Keywords: Carbon monitoring and accounting


Matt Iadipaolo

matt.iadipaolo@dteenergy.com

DTE Vantage

Matt Iadipaolo is an energy industry leader with more than 20 years of experience in electric power, thermal generation, and distributed energy systems. He has served a diverse range of clients—including utilities, municipalities, healthcare institutions, higher education campuses, and industrial sectors such as chemical, food and beverage, pulp and paper, manufacturing, and steel—providing strategic leadership in planning, engineering, project management, and development. In his role as Project Developer at DTE Vantage, Matt focuses on new business opportunities, evaluates technical and economic feasibility, and leads proposal development for prospective clients. He guides projects through the complete development lifecycle, including assessing customer energy requirements, developing conceptual designs, coordinating internal project teams, managing external consultants, shaping legal, financial, and operational structures, building project schedules, and overseeing initial administration to ensure a smooth and efficient transition from concept to execution. Before joining DTE Vantage, Matt served as Associate Director of Business Development at Commonwealth Associates, where he led business development and strategic initiatives for the Power Generation Business Unit. Earlier in his career, he held Senior Project Manager and Business Development roles at HDR, Cummins & Barnard, and Black & Veatch, delivering design and consulting engineering services across complex energy and infrastructure projects. Matt earned his BSME from Michigan Technological University and is a licensed Professional Engineer in both Michigan and South Carolina.

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