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
-
Airbus And MTU Plan A New Company
Inside This Issue ⚡ Airbus and MTU Aero Engines to Create a Joint Venture to Develop a Fully Electric Hydrogen Fuel Cell Engine 🌳 Something Weird Is Going on with the 66 Billion Trees China Plante...
-
California’s New Hydrogen Law Just Rewrote the Clean Energy Playbook
Inside This Issue ⚡ SB 1350: California Makes Hydrogen Power Count as Clean 🏭 Europe's Carbon Capture Push Shifts From Ambition To Delivery At CCSA EU Conference 2026 🍁 Canada and Alberta Tie New ...
-
Why Exxon Just Gave Up 160 Gulf Leases
Inside This Issue 🛢️ ExxonMobil Relinquishes 850,000 Acres of Gulf Federal CCS Leases as Interior Rulemaking Stalls 🌱 Climate Action Reserve Adopts Revised Permanence Approach 🧪 Mitsubishi Gas Che...
Company Announcements
-
Carbon Capture Project Gains Support
Deep Sky seeks to build on Alberta success as it pitches province on ‘economic opportunity for Manitoba on a global scale’ WINNIPEG — A direct air carbon capture facility proposed for southwestern...
-
GrainCorp Pushes for Australia Biofuel Mandates After Iran War
Australia should adopt national biofuel mandates to bolster its energy security, according to GrainCorp Ltd., after months of uncertainty from the Iran war which sent shockwaves through the country...
-
Aemetis Sells $18 Million of Section 45Z Clean Fuel Production Tax Credits
Aemetis, Inc. (NASDAQ: AMTX), a diversified renewable natural gas and biofuels company, today announced that its ethanol and renewable natural gas subsidiaries have received funds from the sales of...
-
Modular, transportable design simplifies deployment and cuts cost and complexity Mantel, a leading provider of energy-efficient and cost-effective carbon capture, today announced a Strategic Suppl...