The province – through Emissions Reduction Alberta, a Crown agency – will spend $30-million on research and development that can help clear some of the engineering and design hurdles facing sectors that haven’t yet deployed the technology.
Carbon capture, utilization and storage, or CCUS, traps carbon-dioxide emissions and stores them deep under the ground.
Steve MacDonald, the executive director of ERA, said in a statement that the funding will also encourage collaboration between industries on CCUS technology development, and help build the case for investment.
That’s particularly true when it comes to enhanced oil recovery, in which captured carbon is injected into mature oil wells to bolster production.