CALGARY, ALTA. — Up to $131 million in funding is being made available for projects that aim to implement carbon capture utilization and storage technology.
The money comes from Alberta’s Technology Innovation and Emissions Reduction (TIER) fund and is being invested into Alberta’s Industrial Energy Efficiency and Carbon Capture Utilization and Storage (IEE CCUS) program, which helps industries save money and cut emissions through technology and equipment upgrades.
“We are moving Alberta forward with climate policies that are creating jobs and actually reducing emissions,” said Premier Jason Kenney in a statement. “These investments will help create jobs, spur economic growth and continue the hard work that we are doing to protect our environment as a responsible and sustainable energy leader.”
Seven projects will receive more than $100 million in IEE CCUS program funding, which will support an estimated 2,200 jobs and cut about 2.9 million tonnes of emissions by 2030. Up to $31 million in IEE CCUS funding will also be allocated to support more projects in the near future.
Projects receiving funding include:
- Advantage Energy Ltd., which will construct and install a carbon capture and storage (CCS) project at its Glacier Gas Plant. IEE CCUS program funding will support Phase 1 of the project, which will cut about 46,800 tonnes of emissions each year and improve the plant’s emissions intensity by 22 per cent.
- Tidewater Midstream will build Alberta’s first fully integrated blue hydrogen plant at the Brazeau River Complex. The facility will use a CCS hydrogen production unit that converts methane to hydrogen, and the resulting emissions will be captured and stored underground. The plant will also introduce a 15-megawatt turbine with heat recovery steam generation. Excess stream will be used to offset natural gas consumption from the plant’s boilers. The overall project will cut about 31,000 tonnes of emissions each year.
- Imperial plans to install five additional units across the Kearl Oil Sands mine facility to recover waste heat. This heat would be reused in operations, resulting in less steam usage and fewer emissions. This will reduce heat loss by up to 50 per cent in the winter months, cut about 190,000 tonnes of emissions each year, and recover and reuse up to 700,000 cubic metres of condensed water per year.
Will the Province of Alberta also provide funding for Carbon Capture Utilization Systems without the sequestration?
Sequestration typically requires a lot of heat energy and electricity and a pipeline. The Sidel CCU System does not as this System was designed to “Save money and Make Money”