Pembina and TC Energy announced plans to jointly develop a world-scale carbon transportation and sequestration system which will be capable of transporting more than 20 million tonnes of CO2 annually.
The project will leverage existing infrastructure, including those in Alberta’s Industrial Heartland, and develop a new sequestration hub, dubbed the Alberta Carbon Grid (ACG). Designed to be an open-access system, the ACG will serve as the backbone of Alberta’s emerging carbon capture utilization and storage connecting the Fort McMurray region, the Alberta’s Industrial Heartland region, and the Drayton Valley region to key sequestration locations and delivery points across the province, and serving multiple industries.
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.
“This partnership is a living example of Alberta-based companies leveraging our region’s existing competitive advantages to develop long-term solutions that are critical to advancing Canada’s energy transition,” says Mark Plamondon, Executive Director of AIHA.