Reliable electricity without the carbon footprint
We are pursuing an opportunity to develop a carbon-neutral power hub. Our long-term plan is to build reliable natural gas-fired electricity generation, while repurposing the Pincher Creek region’s depleted natural gas field to store the associated carbon emissions.
The opportunity for Pincher Creek
Capturing a second generation of value for the community from the historic Pincher Creek natural gas field.
Skilled jobs
Construction and operations bring new employment and skill development opportunities.
Income generation
New income streams for employees, suppliers, contractors and other businesses in the region.
Investment
Attraction of significant investments and new business growth on industrial land.
Tax revenue
Contributions to local and regional tax revenues through various channels.
Energy leadership
Reinforce the region as a global leader in reliable, clean energy.
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Why is this location special?
The Pincher Creek region has many advantages, including:
- An opportunity for 24/7 carbon-neutral power generation
- A world-class reservoir for permanent carbon storage
- Adjacent to high-voltage transmission lines with capacity
- Existing natural gas supply
Why Captus matters to Alberta
Captus will demonstrate the economic viability of Alberta’s world-leading carbon sequestration potential.
Captus will also accelerate real environmental change. The rapid growth of renewable energy in Alberta has caused grid instability and required expensive fixes such as battery back-up systems and micro-generation projects, increasing the cost of power. Captus Generation aligns the need for clean, reliable power with the need for action on climate change.
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24/7 clean power production
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Fully reliable thermal power generation can alleviate grid instability problems
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Utilizes Alberta’s vast natural gas resources
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Significantly cost advantaged carbon capture & sequestration business model
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Material investment in Southwest Alberta
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Significant revitalization of existing Alberta infrastructure & industry
What is Carbon Capture & Sequestration (CCS)?
CCS captures the carbon out of a hydrocarbon (natural gas in this case) and puts that carbon back where it came from. Carbon dioxide (CO2) that would otherwise be emitted into the atmosphere and contribute to climate change is instead injected into a depleted oil or gas reservoir deep underground.
The technologies required for carbon capture are not new. Alberta has been doing this for more than 50 years.
Emissions Capture
natural gas plants currently operating in Alberta that remove CO2 from gas streams
Gas Compression
natural gas compressors in operation across Alberta today
Gas Injection
megatonnes of CO2 injection, utilizing 100+ wells for enhanced oil recovery or carbon sequestration in Alberta since 1989
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