Prepared for: Edmonton Estate Planning Council Edmonton Alberta November 16, 2011
Edmonton, Alberta June 19, 2008
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Transcript of Edmonton, Alberta June 19, 2008
Edmonton, Alberta
June 19, 2008
Canadian Energy Update
Chuck SzmurloVice President, Alternative & Emerging TechnologyEnbridge Inc.
OCENSA
Bogotá
Covenas
Enbridge Inc. is a leader in energy transportation and distribution in North America and internationally:
• Owns and operates the world’s longest crude oil and products pipeline system
• Owns and operates Canada’s largest natural gas distribution company
• Interest in 80,000 km of pipelines
• Delivers 2 MM B/D of liquids
• Handles 5 BCF/D of gas
• Net wind power capacity of 215 MW
• Employs 5000 people
Spain Colombia
Enbridge Overview
CO2 Transportation Strategic Drivers
• The public increasingly sees global warming as the cause of calamities
– Pine beetles– Weather phenomena– Flooding and drought
• Industry (particularly energy) is perceived as– The largest cause of greenhouse gas emissions– Financially capable of a remedy as a consequence of high energy prices
• Legislation will likely mandate direct action– Dissatisfaction with overseas offsets– Potential for carbon tax– CO2 credit costs to exceed $15/tonne– CCS for new 2012 oil sands and coal facilities
• EOR and Sequestration not always proximate to major emissions
CO2 Sequestration Pilots
• Alberta Saline Aquifer Pilot (ASAP)
– Enbridge, EPCOR and PTAC launched November, 2007
– 29 participants– Government funding identified
• Project Aquistore-Saskatchewan– Petroleum Technology Research Centre
ASAP Project Description
Phase 1: 2008, $750,000 (Participants $20k/each, Federal & Provincial)
• Identify 3 specific saline aquifer locations• Design and cost (± 30%) a sequestration demonstration including
CO2 compression and transportation• Prepare preliminary application for saline lease/permit and approval
for demonstration pilot
Phase 2: 2009/12, $30 - $50MM (Technology Funds, Participants, Western Economic Dev., Federal & Provincial)
• Construct & operate demonstration pilot (1000 - 3000 tonnes/day)
Phase 3: 2013, $100 - $200MM (Operators for commercial return)
• Expand to commercial operation
CO2 Slurry Pipeline
5,500
Sequestration Site
98+% C02 Source
1. Deliver petcoke to SGAD operations and displace natural gas for steam operation
2. Petcoke to Ft. Saskatchewan to provide hydrogen for refineries and upgraders from coke gas-fires
3. Deliver petcoke/sulphur and limestone to rail junctions to access world markets
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Conclusions
• CO2 pipelines to EOR and sequestration a likely outcome
• Must integrate sequestration with EOR
• Saline aquifers best for large volume sequestration
• Useful work for CO2 could be key to offsetting CCS costs
• Slurry Pipelines delivering coke, limestone and sulphur could be a viable alternative for Ft. McMurray’s CO2 transportation