| ENVIRONMENT: Alberta Research Council and Arc Energy to undertake CO2 capture and storage project |
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(AlbertaIndex, April 23, Wednesday) – The Alberta Research Council Inc and ARC Energy Trust of Calgary have teamed up to undertake a carbon capture and storage (CSS) project just outside Fort Saskatchewan as a solution to combating greenhouse gas emissions.
The two organizations have teamed up to create the Heartland Area Redwater Project (HARP), an advanced initiative to capture and store emissions from the province’s industrial heartland in what is likely to be an ideal underground formation nearby. The project will evaluate the potential for the Redwater Leduc Reef complex to store as much as 1,000 megatonnes of CO2. This could accommodate more than 20 years worth of CO2 emissions from the large emitting facilities existing and planned for the industrial heartland area. “We’ve looked at the geology across the province, and we feel this area has ideal attributes for a CO2 capture and storage project,” says Dr. William Gunter, the Alberta Research Council’s principal scientist for CCS. “Reducing emissions related to Alberta’s oil sands production is a top priority. This reef is directly underneath Alberta’s Industrial Heartland, which translates into less transportation infrastructure and the least-cost method of carbon storage for industries in that area.” Advanced Education and Technology Minister Doug Horner said: “Carbon capture and storage is a key component of Alberta’s climate change strategy and as a government, we’re pleased to be the major funder of this project. This project is an important step in ensuring that we can explore new energy development practices while reducing emissions.” John Dielwart, President and CEO of ARC Resources Ltd, said: “This project brings together government, industry and research scientists to work collaboratively on proving that the Redwater Reef complex can provide a long-term solution for greenhouse gas emissions from Alberta’s Industrial Heartland. “Knowledge gained from this project will be beneficial to our CO2 enhanced oil recovery pilot at Redwater and vice-versa.” Neil Shelly, executive director of the Alberta Industrial Heartland Association, said: “We are very supportive of this initiative and we view this as being strategically important to attracting and maintaining investment in the area. Managing greenhouse gas emissions related to industrial growth is pivotal, so this project looks promising and beneficial for both our community and our industry.” The project will be implemented in three phases, starting with the detailed evaluation of the size and suitability of the site for CO2 capture and storage. Phase two will involve the drilling of a well to collect more detailed data, while phase three is planned to demonstrate actual CO2 injection and storage. The $1.8 million first phase is being funded by ARC Energy Trust, the Alberta Energy Research Institute (AERI) and Natural Resources Canada (NRCan). Phase one is scheduled to be completed in spring 2009. ARC Energy Trust is one of Canada's largest conventional oil and gas royalty trusts with an enterprise value of approximately $6.4 billion. The Alberta Research Council develops and helps partners deploy leading edge technology in the province, across the country and around the world. The returns on its projects contribute to building a prosperous province, securing a sustainable future and maintaining a high quality of life for Albertans. |
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