(Photo: The Canadian Press)

By Troy Gillard

$10 MILLION

Alberta invests in three emissions reduction projects

Aug 6, 2020 | 8:09 AM

Alberta’s government is investing in projects it says will help industry reduce emissions, cut costs and create much-needed jobs.

The province is investing $10 million into three projects through the Technology Innovation and Emissions Reduction (TIER) system which came into effect on Jan. 1, 2020.

This includes allocating $3 million to the Sundre Petroleum Operators Group (SPOG) to test the viability of methane emissions reduction technology. Improvements could enhance the accuracy of finding methane emission leaks at a lower cost.

The province is also supporting the Alberta Machine Intelligence Institute (Amii) with a $5-million grant to develop artificial intelligence capabilities that could help companies identify emission reductions opportunities.

They are also contributing $2 million to the Petroleum Technology Alliance of Canada (PTAC) to conduct applied research that could improve oil and gas sector methane emission management and control, while also reducing costs to industry. Alberta’s methane reduction target is to reduce methane emissions from upstream oil and gas operations by 45 per cent (relative to 2014 levels) by 2025.

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These programs will help industry identify, track, measure and ultimately reduce emissions. They will also ensure we maintain our competitive edge while creating jobs and economic growth for Alberta,” says Jason Nixon, Minister of Environment and Parks.

(With file from media release)