Alberta aiming to help industry reduce emissions and create jobs

“Alberta is a place of industry visionaries eager to bring their amazing emissions-reduction ideas to life, and this funding shows just how aligned our innovation system is when it comes to advancing transformative technologies that lead to future materials and markets,” Rebecca Schulz, minister of environment and protected areas, said.

“Alberta is proud to support these projects, which will help our province maintain a reliable electricity system and create demand for Alberta bitumen,” Schulz added in a news release.

The government says this investment is part of Alberta’s Emissions Reduction and Energy Development Plan and Alberta’s work to reduce emissions while growing the economy.

If successful, officials say the nine projects are estimated to reduce emissions by 280,000 tonnes each year, create more than 780 jobs and inject $272 million into Alberta’s gross domestic product by 2025.

Officials say funding recipients will be required to report on project outcomes, achievements, and lessons learned including emissions reductions, job creation, and other environmental, economic, and social benefits.

“It takes more than good ideas to commercialize and deploy new technologies that reduce emissions and grow the economy,” said Justin Riemer, chief executive officer of Emissions Reduction Alberta.

“Emissions Reduction Alberta is pleased to support game-changing technologies that will lead to future materials, energy systems and markets with funding from the Government of Alberta, and in collaboration with our partners in the innovation system.”

“The Carbon Fibre Grand Challenge is creating long-term value from Alberta’s bitumen and demonstrates considerable innovation in the energy sector,” said Laura Kilcrease, chief executive officer of Alberta Innovates.

“Alberta Innovates’ drive to add value, along with our partners, is critical to the province’s future. This work will lead to significant economic benefits for all Albertans and industry.”

According to the government, four of the projects will help improve Alberta’s electricity system by integrating new low-carbon technologies and innovations, including energy storage, to lower prices and reduce emissions in the years ahead.

Among the projects, PIP Lethbridge is expected to add thermal energy storage at its food processing facility, and TransAlta will install a new battery system near Cochrane, creating the largest battery energy storage system in Alberta.

The funding is also expected to support Solartility’s trial solar array for agricultural use, and a special on-site oil extraction and upgrading process led by NanosTech that will reduce process costs and emissions.

“The Government of Alberta’s funding through Emissions Reduction Alberta is critical to demonstrating our new thermal innovation that is applicable across many industries,” said Christine Lewington, chief executive officer, PIP Lethbridge Inc.

“By supporting our decarbonization project, we will demonstrate a first-of-its-kind technology in Alberta and Canada. With ERA’s funding and partners, together, we will unlock thermal decarbonization options that are desperately needed to reach our GHG reduction goals.”

“Our ISUT™ project, powered by ‘green chemistry,’ is tangible evidence that collaboration between government, private industry and NanosTech can meet our 2030 climate goals today,” states Myles McGovern, president and chief executive officer, NanosTech. “The Government of Alberta is putting its words into action. Technological innovation is going to enable Canada’s energy sector to compete on a global scale.”

The government says the remaining five projects will turn bitumen into carbon fibre, further supporting the creation of value-added industries and the Bitumen Beyond Combustion initiative of Alberta Innovates to demonstrate that Alberta’s oil and gas sector can reduce emissions while strengthening the economy.

Funding to the University of British Columbia, Thread Innovations, CarboMat, Enlighten Innovations and NORAM Engineering and Constructors Ltd. Is hoped to support various projects turning Alberta’s bitumen into carbon fibres. Alberta bitumen is described by the province as a preferred feedstock for carbon fibre production because of its chemical properties and the ability to reduce the cost of producing carbon fibre compared to the current feedstock and methods.

Transforming the heavy portion of a barrel of bitumen into advanced materials, such as carbon fibre, is expected to be an Alberta technology and innovation story. Diverting bitumen away from the combustion cycle could increase the value of Alberta bitumen resources over 100 per cent from about $60 a barrel to $180 a barrel, say provincial officials.

Alberta Innovates estimates that bitumen beyond combustion products could generate up to $60 billion annually by 2050, contributing to Alberta’s low-carbon economy and low-carbon materials.

by rdnewsNOW staff

Alberta aiming to help industry reduce emissions and create jobs

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