CO2 Capture and Storage Cost Study

12/11/2003

Purpose/goal:
To identify cost effective means of capturing and storing carbon dioxide emissions that would otherwise go into the atmosphere. Goal of this $300,000 project is to provide reliable cost estimates for key capture and storage opportunities in western Canada and estimated volumes of CO2 that can be sequestered.

Study sponsors:
Led by Canadian Energy Research Institute, the study sponsors are: Western Economic Diversification Canada; Natural Resources Canada; Alberta Environment; British Columbia Energy & Mines; Saskatchewan Energy & Mines; BP Petroleum; Canadian Natural Resources Ltd., Gascan Resources; Inland Cement; Nexen Inc.; NOVA Chemicals; PanCanadian Petroleum; Shell Canada; Suncor Energy; TotalFinaElf; TransAlta Utilities; and TransCanada Pipelines.

Study team:
Larry Fisher, senior research director, Canadian Energy Research Institute, leads the team, with expertise and analysis from the Alberta Geological Survey, Adams Pearson Associates and SNC Lavalin.

Benefits:
Study findings on cost and contributions of CO2 capture and storage in the western Canada sedimentary basin will help Alberta's twin goals of reduced greenhouse gas emissions and maximized environmental energy advantage.