Building a Low-carbon Energy Future through Carbon Conversion
We are committed to doing our part in the transition to a low-carbon energy future. That’s why we’re proud to support and advance the deployment of carbon conversion technology.
We recognize carbon conversion, including carbon capture, utilization and storage (CCUS), as being an integral part of the long-term solution for achieving climate policy objectives in North America and globally – we are engaged on several fronts to advance its development and deployment. The commercial application of carbon conversion technologies could enable zero or near-zero emissions from natural gas generation. Combined with the integration of renewables, carbon conversion will deliver affordable, reliable, and clean power systems, as well as reduce emissions from the many industrial processes that will continue to rely on natural gas. By converting carbon into a range of useful and valuable products, these technologies will also create new jobs and employment opportunities in multiple sectors.
To support our efforts to advance the development and commercialization of carbon conversion technology, we’re participating in the Carbon Capture Coalition – a nonpartisan coalition supporting the deployment and adoption of carbon capture technology. Learn more about our partnership.
Genesee Carbon Conversion Centre (GC3)
Capital Power is proceeding with plans to build the world’s largest commercial scale production facility of carbon nanotubes (CNTs) at our Genesee Generating Station. The design phase of GC3 is underway with commercial operations expected in the first half of 2022. GC3 will have an initial production capacity of 2,500 tonnes of CNTs per year and once completed will be capable of producing up to 7,500 tonnes annually. The estimated capital cost for this project is $20 million to $25 million.
GC3 will utilize emissions from the Genesee facility alongside C2CNT technology – a carbon conversion solution that transforms emissions into high quality carbon nanotubes. CNTs have many industrial applications and Lehigh Hanson (Lehigh), a subsidiary of HeidelbergCement A.G., is currently testing the utilization of CNTs in concrete production.
Capital Power submitted its regulatory application to the Alberta Utilities Commission (AUC) in April 9, 2021 and received approval on June 18, 2021. For more information, read our project information package below.
Transforming Carbon Emissions into Leading-Edge Carbon Nanotube Products with C2CNT
In December 2020, we increased our equity interest in C2CNT, a technology company developing a proprietary solution to transform carbon into carbon nanotubes, from 25% to 40% for $13 million (US$10 million), with additional investment expected to occur during the first quarter of 2021. Our investment in C2CNT supports our pursuit of innovative and leading-edge technologies to reduce greenhouse gases from our operations.
C2CNT, led by Dr. Stuart Licht, also a professor of chemistry at George Washington University, has developed and is now applying at scale an innovative technology that captures carbon dioxide (CO2) from industrial process streams and competitively transforms it into carbon nanotubes at a significantly reduced cost compared to current industry production processes. This technology has the potential to be a game-changer in the treatment and management of CO2 from energy and industrial operations.
C2CNT competed in the prestigious NRG COSIA Carbon XPRIZE and was one of five finalists in the natural gas track of the competition. C2CNT successfully tested their technology at demonstration scale during the competition hosted at the Alberta Carbon Conversion Technology Centre located at the Shepard Energy Centre (co-owned by Capital Power and ENMAX) in Calgary, Alberta. C2CNT were one of two finalists recognized with the X-Factor award, given out in addition to the grand prize, for achieving “excellent products and compelling demonstration”.
To learn more about C2CNT and its impacts on CO2 mitigation, read C2CNT Corp.’s latest press release.
What are Carbon Nanotubes?
Carbon nanotubes are stronger than steel and lighter than aluminum. This conductive, high-value product, can be used as an additive to substantially increase the strength of materials such as concrete, steel, and aluminum.
Using nanotubes avoids carbon dioxide emissions in two ways:
- It captures emissions at the source (e.g. natural gas power generation) and transforms the carbon emissions into carbon nanotubes.
- By using carbon nanotubes as an additive in industrial processes (e.g. manufacturing concrete or steel) it reduces the amount of carbon-intensive materials needed to deliver the product.
Capital Power demonstrates commitment to net carbon neutrality by 2050 with closing of $1 billion Sustainability-Linked Credit facilities
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