FORT MCMURRAY, ALTA.—Pembina Pipeline Corporation and TC Energy Corporation have announced plans to develop a carbon transportation and sequestration system.
They anticipate the facility will be capable of transporting more than 20 million tonnes of CO2 each year.
“By leveraging existing pipelines and a newly developed sequestration hub, the Alberta Carbon Grid (ACG) represents the infrastructure platform needed for Alberta-based industries to effectively manage their emissions and contribute positively to Alberta’s lower-carbon economy and create sustainable long-term value for Pembina and TC Energy stakeholders,” the groups said in a press release.
The facility will be designed as an open-access system.
The groups called the facility the future “backbone of Alberta’s emerging carbon capture utilization and storage (CCUS) industry” as it will connect the Fort McMurray region, the Alberta Industrial Heartland and the Drayton Valley region to key sequestration locations and delivery points across the province.
The groups noted for Canada to achieve its enhanced climate targets, including a 40 to 45 per cent reduction in greenhouse gas emissions below 2005 levels by 2030, CCUS technology and infrastructure will need to play a vital role.
“Pembina and TC Energy are uniquely positioned to take a leadership role in the transportation of CO2 given their collective skills and extensive network of pipeline infrastructure,” stated the groups. “As a hub-based infrastructure solution accessible to Alberta’s largest industrial emitters across industries, ACG will pave the way for Canada to successfully meet its emissions reduction objectives and provides a tangible example of Pembina and TC Energy’s commitment to energy diversification, industry collaboration and a lower carbon future.”