North West Redwater Partnership has developed a bitumen processing solution that maximizes the value of Alberta’s raw materials by producing ultra low sulphur fuels, while incorporating a CO2 solution with integrated carbon capture and storage (CCS).
The result is 1.2 million tonnes of CO2 that we will capture every year. It’s a figure equivalent to taking nearly 300,000 cars off our roads, per phase, or 900,000 cars when fully developed.
The captured CO2 is safely sequestered by injecting it into depleted geological formations deep beneath the earth’s surface. This strategy will also turn what is essentially a waste product into a valuable commodity, while still responsibly and safely sequestering the emissions. This will occur through a proven process known as enhanced oil recovery (EOR), and will be completed by a company called Enhance Energy Inc.