The Government of Alberta’s $43-billion 2014-2015 budget passed on April 23, 2014 with an ongoing investment in carbon capture and storage (CCS).
To demonstrates its commitment to reducing greenhouse gas emissions, the budget includes $144 million in CCS projects, plus $1.3 billion over 15 years for two large-scale, oil sands CCS projects: the Alberta Carbon Trunk Line and Quest projects.
“The Quest project will be the first commercial-scale CCS project in the world for an oil sands operation,” said John Rhind, Oil Sands VP from Shell Canada, in a statement in advance of the budget. “The Albertan and Canadian governments have been strong supporters of CCS; their leadership is an example for future projects worldwide,” he added.
The Quest project aims to reduce carbon emissions by more than one million tonnes a year by capturing carbon dioxide (CO2) from its Scotford upgrader and permanently storing it more than two kilometres underground. The project also creates value for Alberta by developing technology expertise and employing some 900 for construction. The project is also using an Edmonton module fabrication yard to construct modules for the CCS facilities.
The Alberta Carbon Trunk Line project will use a 240-kilometre pipeline to gather, compress and store up to 14.6 million tonnes of CO2 per year at full capacity.
These projects will start up in 2015 and store 2.76 million tonnes of carbon dioxide per year, the equivalent of taking 550,000 cars off the road each year.
“The Alberta government is committed to carbon capture projects,” said Diana McQueen, Alberta’s Minister of Energy in a statement about the budget. “With them we are showing the world we take the responsible development of our resources seriously and we’re becoming a world leader in CCS technology,” she added.