Ranking for 2015: 38
Industry Sector: Other
Specific Sector: Carbon Capture
Range: $1 billion - $5 billion
Project Value: $1,350,000,000
Federal: $120 million
Provincial: $745 million
Government Funds Involved: The Alberta government invested $745 million in Quest from a $2-billion fund to support CCS, and the Government of Canada invested $120 million through its Clean Energy Fund. The remaining funding is from Shell and its Athabasca Oil Sands Project partners, Chevron Canada and Marathon Oil Canada.
Funding Source: Public-Private
Location: Scotford, Alberta
Estimated End Date of Substantial Completion: 2015
This project will capture more than one million tonnes per year of CO2 from the Scotford Upgrader located near Edmonton and transport it up by an 80-km underground pipeline to a storage site north of the Scotford site. Here, it will inject it more than 2 km underground into a porous rock formation called the Basal Cambrian Sands, which is located beneath layers of impermeable rock. Sophisticated monitoring technologies will ensure the CO2 is permanently stored.
The project received regulatory approval in July 2012, and Shell began construction in September 2012. Once operational in late 2015, it will join a handful of commercial-scale carbon capture and storage projects in operation worldwide.