EDMONTON, April 2 /CNW/ - EPCOR Utilities Inc. and Enbridge Inc. are
jointly submitting two projects that each have the potential to meet nearly
one-quarter of the provincial government's carbon dioxide (CO(2)) reduction
target. Full project proposals are being submitted for funding from the
Alberta Government's $2 billion carbon capture and storage (CCS) program under
the climate change action plan.
"The CCS Fund has kick-started industry to work together to find
technological solutions to provide a cleaner energy future," said EPCOR
Executive Vice-President Brian Vaasjo. "We have been working with our partners
and we believe our proposals can deliver on the goals the province has
"In 2008, the Alberta government committed to reducing CO(2) emissions by
200 megatonnes by 2050," said Enbridge Senior Vice President, New Ventures,
Jim Schultz. "Through projects like ours, we can thoroughly test our
technology, share our knowledge with the industry, and help the Alberta
government meet its target."
The two projects are designed to provide cleaner electricity from both
existing and new electricity plants, with captured CO(2) piped offsite and
used for enhanced oil recovery (EOR) or stored underground in saline aquifers.
The proposals include North America's first project combining an
Integrated Gasification Combined Cycle (IGCC) commercial-scale
near-zero-emission thermal power plant with carbon capture, compression and
storage (CCS). The Genesee IGCC CCS project has the potential to capture more
than 3,300 tonnes per day or 1.2 million tonnes of carbon dioxide emissions a
The other proposal is for a post-combustion facility designed to capture
CO(2) emissions on conventional power plants. The Genesee Amine CCS project
would use an amine scrubbing process to remove CO(2) emissions from the flue
gas of the facility. This project would be designed to capture 3,000 tonnes of
CO(2) per day, or nearly one million tonnes a year.
Enbridge and the Alberta Saline Aquifer Project (ASAP) would be
responsible for transporting captured CO(2) from the Genesee site for use in
enhanced oil recovery or permanent storage in deep saline aquifers.
The province will review the proposals and is expected to release their
funding decisions in the next three months.
About EPCOR Utilities
EPCOR builds, owns and operates power plants, electrical transmission and
distribution networks, water and wastewater treatment facilities and
infrastructure in Canada and the United States. EPCOR, headquartered in
Edmonton, Alberta, has been named one of Canada's Top 100 Employers for nine
consecutive years and was selected as one of Canada's 10 Most Earth-Friendly
Employers. EPCOR's web-site is www.epcor.ca.
Enbridge Inc., a Canadian company, is a leader in energy transportation
and distribution in North America and internationally. As a transporter of
energy, Enbridge operates, in Canada and the U.S., the world's longest crude
oil and liquids transportation system. The Company also has a growing
involvement in the natural gas transmission and midstream businesses. As a
distributor of energy, Enbridge owns and operates Canada's largest natural gas
distribution company, and provides distribution services in Ontario, Quebec,
New Brunswick and New York State. Enbridge employs approximately 6,000 people,
primarily in Canada and the U.S. Enbridge's common shares trade on the Toronto
Stock Exchange in Canada and on the New York Stock Exchange in the U.S. under
the symbol ENB. Information about Enbridge is available on the Company's web
site at www.enbridge.com.
ASAP is an industry initiative being led by Enbridge Inc. to identify
deep saline aquifers in Alberta that could be used in a carbon sequestration
pilot project. A true collaborative effort, 38 organizations have been
participating in the first phase of the project. For more information about
ASAP, please visit www.albertaasap.com.
Certain information in this news release is forward looking and related
to anticipated financial performance, events and strategies. When used in this
context, words such as "will", "anticipate", "believe", "plan", "intend",
"target" and "expect" or similar words suggest future outcomes. By their
nature, such statements are subject to significant risks and uncertainties,
which could cause EPCOR's, Enbridge's or ASAP's actual results and experience
to be materially different than the anticipated results. Such risks and
uncertainties include, but are not limited to, operating performance,
commodity prices and volumes, load settlement, regulatory and government
decisions including changes to environmental and tax legislation, weather and
economic conditions, competitive pressures, construction risks, availability
and cost of financing, foreign exchange risks, availability of labour and
management resources and the performance of partners, contractors and
Readers are cautioned not to place undue reliance on forward-looking
statements as actual results could differ materially from the plans,
expectations, estimates or intentions expressed in the forward-looking
statements. Except as required by law, EPCOR, Enbridge and ASAP disclaim any
intention and assume no obligation to update any forward-looking statement
even if new information becomes available, as a result of future events or for
any other reason.
For further information:
For further information: EPCOR: Steve Buick, (780) 412-8877, (780)
913-7122, Email: email@example.com; ENBRIDGE: MaryAnn Kenney, (403) 508-6563,
1-888-992-0997, Email: firstname.lastname@example.org