ALBERTA FUNDS CCS KNOWLEDGE SHARING HUB, ADVANCING CARBON CAPTURE AND STORAGE PROJECTS

KUALA LUMPUR, April 28 (Bernama) -- International CCS Knowledge Centre (Knowledge Centre) with foundational support from the Government of Alberta, will establish the world’s first open-source repository of knowledge and information on the development of carbon capture and storage (CCS/CCUS) projects.

As a key action item included in Alberta’s Emissions Reduction and Energy Development Plan released April 19, the Government of Alberta is providing support for the creation of a national CCS knowledge sharing hub that will be an important tool for Canada to meet its ambitious targets for reducing greenhouse gas emissions.

“Bringing large-scale CCS projects to life at the speed and scale that is required to reach net-zero emissions by 2050 requires unprecedented collaboration between industry, government, academia and other partners.

“We are very grateful to the Government of Alberta for stepping up with this critical support, allowing us to launch the CCS knowledge sharing hub and ensure lessons learned from dozens of CCS projects planned across Canada are documented and made available to anyone who can benefit from them.

“I would be remiss in not singling out the strong leadership of Environment and Protected Areas Minister Sonya Savage in helping to ensure this initiative moves forward,” said International CCS Knowledge Centre president and chief executive officer, James Millar in a statement.

The mandate of the CCS knowledge sharing hub will be to collect and curate best practices and lessons learned from Canadian CCS projects past, present and future to enhance the success of CCS projects and promote continuous learning and improvement in CCS technology.

Expansion of CCS is also a crucial step for creating and maintaining vital jobs in all heavy emitting sectors provincially and nationally in such areas as cement, iron and steel, power generation, petrochemicals, fertiliser, as well as oil and gas.

The CCS knowledge sharing hub will be developed and operated by the International CCS Knowledge Centre to assess and identify best practices and frameworks to get CCS projects to final investment decision.

Key to the initiative’s long-term success will be coordination and proactive promotion of the sharing of knowledge on CCS gathered from companies large and small to ensure the timely and efficient transfer of CCS best practices across Alberta, Canada and the globe, outcomes where industry and government jointly benefit.

Sharing critical information on the development of projects from study stage into operation will greatly increase the transfer of crucial learnings, leading to better outcomes and inevitably a greater level of carbon dioxide (CO2) emission reductions in Canada.

-- BERNAMA