June 30, 2009
Government moves forward on carbon capture projects
Edmonton… The Alberta government has completed its evaluation of projects applying for $2 billion in funding for carbon capture and storage (CCS) projects.
As a result, government officials will pursue letters of intent with proponents of the three following projects:
Enhance / Northwest for The Alberta Carbon Trunk Line, to incorporate gasification, CO2 capture, transportation, enhanced oil recovery and storage in the Alberta Industrial Heartland and central Alberta. It will capture CO2 from the Agrium fertilizer plant and the Northwest upgrader.
EPCOR/Enbridge for an integrated gasification combined-cycle carbon capture power generation facility adjacent to EPCOR’S existing Genesee power plant, west of Edmonton.
Shell Canada Energy/ Chevron Canada Ltd./ Marathon Oil Sands L.P. for a fully integrated carbon capture and storage project at the Scotford Upgrader in the Alberta Industrial Heartland.
Government will work to have the letters of intent signed by the end of July. If discussions with these proponents are not successful, government will evaluate its options and may proceed to discussions with other proponents. Government has budgeted up to $100 million in the current fiscal year for engineering and design work on the successful projects.
The first round of commercial scale projects is expected to achieve annual carbon dioxide reductions by 2015 equivalent to taking approximately one-million vehicles, or about a third of all registered vehicles in the province, off of the road.