Total CO2 storage potential in the western Canadian sedimentary basin is estimated to exceed 600,000 MT, much of which is located in Alberta. In 2022 total Alberta CO2 emissions were 270 MT, demonstrating that there is huge potential for Alberta based industries to use CCS technology to reach Net Zero goals.

Across the world industrial CO2 emitters are working together in geographic clusters referred to as “Hubs” to realize the cost benefits of shared infrastructure. Alberta has already put in place the regulatory framework required for developing CO2 storage Hubs in a safe, environmentally responsible manner. In the fall of 2021 the government began a process for granting CO2 sequestration agreements to facilitate the development of Hubs within the province.

Explore details of Alberta’s Carbon Sequestration Tenure Management System here, together with the progress of the Alberta government’s request for project proposals process (“RFPP”) which is currently underway.

During 2022 the Alberta government selected 25 proposals from the RFPP to proceed. Parties with successful proposals enter into evaluation agreements with the province to drill wells and further explore the suitability of proposed CO2 storage sites. At the end of this process applicants will execute sequestration agreements, after first obtaining regulatory approvals from both the Alberta Energy Regulator and Alberta Environment and Parks.

Below is information concerning some of the more significant Hub proposals: