The project would reduce Alberta s CO2 emissions by more than two million tonnes per year, they said. That s actually one of the joys of this is that by combining the potential demand on the natural gas system with demand that we have for our refinery in Edmonton, we can actually build at world-scale, said Suncor CEO Mark Little. At 300,000 tonnes a year of hydrogen, this is a world-scale project . I do think ultimately Canada s actually going to be a big player in clean hydrogen globally and I think this is the first big step forward.
There s no capital cost estimate yet for the project but Atco chair and CEO Nancy Southern said in the joint interview with Little it will certainly be a multibillion-dollar facility.
Suncor and Atco to pursue world-class hydrogen project bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A Suncor logo is shown at the company s annual meeting in Calgary, Thursday, May 2, 2019.THE CANADIAN PRESS/Jeff McIntosh
CALGARY – Oilsands producer Suncor Energy Inc. is partnering with utility Atco Ltd. on a “multibillion-dollar” project to produce more than 300,000 tonnes per year of hydrogen.
The Calgary-based companies say the project will help Canada reach its 2050 target of net-zero greenhouse gas emissions – and aid their own GHG reduction goals – by capturing and storing more than 90 per cent of the carbon dioxide produced from energy required to make the hydrogen.
The project would reduce Alberta’s CO2 emissions by more than two million tonnes per year, they said.
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Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.
US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for renewable energies such as wind and solar over carbon-based sources like natural gas.
The plan is big on promises and appears to benefit many sectors, but details are scant on how the country will source the metals needed for repairing and replacing traditional “blacktop” infrastructure, and minerals that will feed a brand new “mine to battery” supply chain.