ATCO EnPower, Shell Move Forward with Atlas Carbon Storage Hub Project
Published by Todd Bush on July 4, 2024
CALGARY – ATCO EnPower has announced that together with Shell Canada Limited, a final investment decision (FID) has been made to move forward with the Atlas Carbon Storage Hub, located east of Edmonton.
>> In Other News: Decarbonizing the Arctic: Santos' Innovative Approach to Lowering Carbon Emissions in Alaska
ATCO EnPower and Shell are 50/50 partners in the Atlas Carbon Storage Hub, a release said, and the first phase of the project is planned to be operational by 2028 anchored by CO2 volumes from Shell’s Polaris carbon capture project.
“Carbon capture and storage is a critical component of our successful energy future. ATCO EnPower is actively working across all aspects of the energy transition value chain, and collaborative efforts with government, our partners and local communities have been instrumental in advancing this initiative,” ATCO EnPower COO Bob Myles said in a statement.
Future development of Atlas, subject to a future investment decision, will be aimed at meeting both ATCO EnPower and Shell’s carbon storage needs with remaining capacity available for third-party emitters through open access, the release said.
“The Atlas Hub will leverage the lessons learned from Quest CCS, which was built and is operated by Shell. Quest has safely stored over nine million tonnes of CO2 since it began operations in 2015,” the release added.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
North America’s Carbon Removal Year in Review: Winners, Losers, Surprises
Inside This Issue 🌎 North America's Carbon Removal Year in Review: The Deals, Policies, and Milestones That Shaped 2025 🚢 Hapag-Lloyd And North Sea Container Line Win ZEMBA Second E-Fuel Tender 🪨 ...
-
CCS Just Got Cheaper Than Anyone Expected
Inside This Issue 🧪 Shrinking the CCS Energy Penalty: A Molten Borate Breakthrough Promises Viability for Hard-to-Abate Canadian Oil & Gas 👤 Syntholene Energy Corp Appoints Former CEO of Carbo...
-
The CO₂ Pipeline Everyone Said Couldn’t Happen
Inside This Issue 🛠️ Tallgrass Found the CO2 Pipeline Formula Others Missed 🚂 HyOrc & Zeltech Advance Practical Locomotive Retrofit Pathway as U.S. Rail Emissions Face Growing Scrutiny 💰 Secre...
Company Announcements
-
Gevo, Inc. (NASDAQ: GEVO) announced that BeZero Carbon Ltd., a global carbon rating agency, has upgraded its rating for the Gevo North Dakota (GND) facility, which has carbon capture and storage, t...
-
Electric Hydrogen Selected By Synergen Green Energy For 240MW U.S. Green Ammonia Project
Electric Hydrogen, U.S. manufacturer of advanced electrolyzer plants, announced it has been selected by Synergen Green Energy Inc., a leading commercial-scale developer of green hydrogen and ammoni...
-
Neste and the Cathay Group have agreed on the supply of Neste MY Sustainable Aviation Fuel™ for the group’s aviation operations across three major aviation regions: Europe, the United States, and A...
-
Wicomico County Selects Waga Energy To Upgrade Landfill Gas To RNG In Maryland
Wicomico County has selected Waga Energy to build, own, operate, and maintain an RNG production unit at the Newland Park Landfill in Salisbury, Maryland. When in operation, the plant will provide m...