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 first commercial scale production facility of carbon nanotubes (CNTs) at our Genesee Generating Station. GC3 will utilize emissions and power from the Genesee facility alongside C2CNT technology, a carbon conversion solution that transforms emissions into highly valuable carbon nanotubes. Once completed the GC3 will be capable of generating 7,500 tonnes of CNTs per year.
Lehigh Hanson (Lehigh), a subsidiary of HeidelbergCement A.G., a worldwide construction materials company, is currently conducting testing for the utilization of CNTs in concrete. We plan to start commercial scale production of CNTs at GC3 , assuming the CNTs in concrete testing and preliminary marketing of the product is successful. This would include expected approvals of required permits in early 2020, start of construction in the summer of 2020, and expected operations in the first half of 2021. The estimated capital cost is $20 million to $25 million for the GC3.
Transforming Carbon Emissions into Leading-Edge Carbon Nanotube Products with C2CNT
In Spring 2018, we acquired a 5% equity interest in C2CNT a technology company developing a proprietary solution to transform carbon into carbon nanotubes. In May 2019, we committed to increase our equity interest to 9% by March 2020 and intend to exercise our options to increase our interest to 40% by the end of 2020, assuming the C2CNT and Lehigh concrete project is successful. 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 is currently among five finalists competing in the natural gas track of the NRG COSIA Carbon XPRIZE competition. As part of the XPRIZE competition, C2CNT is testing their technology at demonstration scale at the Alberta Carbon Conversion Technology Centre located in Calgary at the Shepard Energy Centre (co-owned by Capital Power and ENMAX).
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. A conductive, high-value product, they 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 announces date for release of its first quarter 2020 financial results and analyst conference call
Capital Power will release its first quarter 2020 results before the markets open on May 4, 2020. Management will host a conference call with analysts on the same day at 9:00 a.m. MT (11:00 a.m. ET...
Capital Power completes acquisition of Buckthorn Wind and receives tax equity financing for Cardinal Point Wind
Capital Power announced today that it has successfully completed the acquisition of Buckthorn Wind from private investors. Buckthorn Wind is a 100.5 megawatt wind facility that is located in Erath ...
Message from Brian Vaasjo, CEO and President
Capital Power's Response to COVID-19: A Message from Brian Vaasjo, CEO and President