Building a Low-carbon Energy Future through Decarbonization Technology
We’re 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 commercialization of carbon capture, utilization and sequestration (CCUS) technology and plan to integrate direct air capture (DAC) into our portfolio of decarbonization technologies to further reduce emissions.
We recognize CCUS as an integral part of the long-term solution to tackle climate change globally and enable zero or near-zero emissions from natural gas generation. When combined with the integration of renewables, CCUS will ensure the ongoing affordability and reliability of our power systems while critically reducing emissions. The addition of DAC technology further supports our decarbonization goals by offering the potential to physically offset emissions from our portfolio that are not technically or economically feasible to eliminate at source.
To support our efforts to advance the development and commercialization of CCUS technology, we’re participating in the Carbon Capture Coalition and Canadian Carbon Capture Collaborative.
Genesee CCS Project
As part of our approach to decarbonization, we’re prioritizing physical emissions reductions from our facilities to support our long-term resiliency. As a result, we’re developing plans to apply CCS technology at Genesee 1 and 2. This project is anticipated to start capturing carbon as early as late 2026 – delivering upwards of 3 million tonnes of annual CO2 reductions.
Direct Air Capture
We believe a combination of technologies will be necessary to achieve our goal of being net carbon neutral by 2050. DAC is a promising technology that will support our decarbonization efforts by physically reducing emissions across our portfolio. DAC complements the other technologies in our portfolio and offers the potential to reduce emissions from our facilities that may otherwise have limited opportunities for decarbonization due to technical or economic limitations.
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 project received Alberta Utilities Commission approval on June 18, 2021. The design phase of GC3 is underway. The project 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.
GC3 will deploy C2CNT technology – a carbon utilization solution that transforms emissions into high quality carbon nanotubes. Capital Power is a 40% equity owner in C2CNT LLC. For more information on GC3 and CNTs, read our project information package below.