Proposed $2.6B Grande Prairie area methanol project inks deal to add carbon capture ability
CALGARY – A partner in an Alberta carbon capture and storage project that recently celebrated storing its one millionth tonne of CO2 says it has an agreement with a Grande Prairie area chemical plant developer that could result in building a second large-scale system.
Privately held Enhance Energy Inc. says it has agreed with Nauticol Energy Ltd. to work together on the capture and sequestration of up to one million tonnes of CO2 per year from Nauticol’s $2.6-billion proposed methanol facility to be built south of Grande Prairie, near the International Paper and Weyerhaeuser mills.
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Currently, Enhance takes emissions captured by partner Wolf Midstream from two industrial plants northeast of Edmonton and transports them south on the 240-kilometre Alberta Carbon Trunk Line system to be injected underground in an oilfield for enhanced oil recovery and permanent storage.