Pembina and TC Energy join to create world-scale carbon transportation

Pembina Pipeline Corporation and TC Energy Corporation TRP have announced a plan to develop a world-scale carbon transportation and sequestration system together. The system, when fully constructed, will be capable of transporting more than 20 million tonnes of CO2 annually.

For Canada to achieve its enhanced climate targets, including a 40-45 percent reduction in greenhouse gas emissions below 2005 levels by 2030, CCUS technology and infrastructure will need to play a vital role. Pembina and TC Energy are uniquely positioned to take a leadership role in the transportation of CO2 given their collective skills and extensive network of pipeline infrastructure. 

Designed to be an open-access system, the ACG will serve as the backbone of Alberta’s emerging carbon capture utilisation and storage industry, connecting the Fort McMurray region, the Alberta Industrial Heartland, and the Drayton Valley region to key locations and delivery points across the province.

In leveraging current pipelines and a newly developed sequestration hub, the Alberta Carbon Grid represents the infrastructure platform needed for Alberta-based industries to effectively manage their emissions and contribute positively to Alberta’s lower-carbon economy and create sustainable long-term value for Pembina and TC Energy stakeholders.

ACG will pave the way for Canada to successfully meet its emissions reduction objectives and provides a tangible example of Pembina and TC Energy’s commitment to energy diversification, industry collaboration and a lower carbon future.

For more information visit www.pembina.com

21st June 2021