Carbon Capture and Storage inAlberta – Projects and Outreach November 10, 2011 Sandra Locke Executive Director, CCS Development Alberta Energy
Alberta’s Reduction Commitments Conservation & Energy Efficiency 24Mt Carbon Capture & Storage 139Mt Greening Energy Production 37Mt Total Reductions 200Mt 200Mt • 2050 -- 200Mt reduction or 50% below projected business as usual and 14% below 2005 levels Net Emissions * Modified slightly from: Alberta’s Climate Change Strategy 2008Source: Alberta 2008 Climate Change Strategy 2
Objectives of Alberta’s CCS Program• Demonstration at a large scale• Build confidence.• Contribute to the global effort.• Reduce Alberta’s carbon emissions.• Develop a world class regulatory framework .
CCS Funding Program• $2 billion (CDN) announced in July 2008• Purpose is to sequester 5Mt annually from 3-5 commercial scale projects starting in 2015.• 3 of 4 agreements signed to date
Alberta Carbon Trunk Line• Enhance Energy, Northwest Upgrading• 1.6 Mt, EOR• Funding • $495 M – Alberta Gov’t • $63.3 M – Federal Gov’t
Quest• Shell Canada, Chevron, Marathon• 1.2 Mt, Deep saline formation (potential for future EOR)• Funding • $745 M – Alberta Gov’t • $120 M – Federal Gov’t
Swan Hills Synfuels• Swan Hills Synfuels• 1.3 Mt, EOR• Funding • $285 M - Alberta
Pioneer• TransAlta, Capital Power, Enbridge• 1.0 Mt, Deep saline formations and EOR• Funding • $436 M - Alberta • $343 M - Federal
Regulatory Framework Assessment (RFA) - Objectives• To develop a world-class regulatory framework for CCS that meets the needs of large scale CCS projects: – Review the regulatory regime in Alberta and existing CCS frameworks in other jurisdictions. – Develop recommendations to refine and guide legislation, regulations and regulatory processes.• Ensure that the regulatory process is efficient, transparent and comprehensive.
Regulatory Framework Assessment - Scope• The RFA is looking at a number of issues relating to CCS in Alberta, including: o Closure criteria. o Methodology and rate for the Post Closure Stewardship Fund. o Clear roles and responsibilities for Alberta regulators. o How stakeholder engagement will take place.• A number of recommendations go to the Alberta Government in late-2012.
Regulatory Framework Assessment – Organizational Structure Minister of EnergyAlberta Energy: Expert Panel RFA Section Steering Committee Working Regulatory MMV Geo/Tech Environmental Groups
Outreach Campaign - Objectives• Increase Albertans’ knowledge about CCS and why we are pursuing this technology• Foster confidence that CCS projects are being managed in a safe and responsible way
Consultation on the Regulatory Framework Assessment• Objectives: Dialogue • Stakeholder groups: and Educate – Municipalities• Overall Plan: – Academics – Targeted stakeholder – NGO’s groups – Surface rights groups – Community meetings – Industry associations – Web based – First Nations questionnaire – Polling
Knowledge Transfer Objectives• Advance CCS technologies,• Bring down CCS costs, and• Support step changes in efficiencies, integration and public assurance
Principles of Knowledge Sharing• Mandatory• Standard reporting• Standard template• Widely disseminated
Thank you Sandra LockeExecutive Director, CCS Development Alberta Energy