Editing Petra Nova (section)

== History ==
Development of the Petra Nova concept was reported to have begun in 2009, with construction starting in 2014 and completion targeted for late 2016.<ref name="Paulson2015">url=https://www.paulsoninstitute.org/wp-content/uploads/2015/10/CS-Petra-Nova-EN.pdf</ref><ref>name="MHI2014" </ref> The U.S. Department of Energy (DOE) supported the project under the Clean Coal Power Initiative (CCPI) Round 3, with DOE describing up to $190 million in total cost share across multiple awards/tranches.<ref>name="DOEProjectPage"</ref>

Petra Nova entered commercial operation in January 2017 and was, at the time, the world’s largest post-combustion carbon capture system applied to a coal-fired power plant slipstream.<ref> name="DOE2017CommOp" </ref><ref>name="EIA2017"</ref> In May 2020, the project was placed into reserve shutdown, with reporting attributing the decision primarily to weak oil prices during COVID-19 related demand collapse and the resulting deterioration of the CO<sub>2</sub>-EOR revenue model.<ref>name="ReutersRestart2023" </ref><ref name="ReutersProblems2020">url=https://www.reuters.com/article/business/environment/problems-plagued-us-co2-capture-project-before-shutdown-document-idUSKCN2523K7/</ref>

In September 2022, Reuters reported that Eneos Holdings (via its unit JX Nippon Oil & Gas Exploration) would acquire the remaining 50% stake from NRG Energy for $3.6 million, taking full ownership of the project entity.<ref name="ReutersDeal2022">url=https://www.reuters.com/markets/deals/japans-eneos-buy-out-operator-us-co2-capture-project-petra-nova-2022-09-14/</ref> In September 2023, JX Nippon announced that the capture facility restarted operations on September 5, 2023.<ref name="JXNipponRestart2023" />