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ARTICLE · 10 MARCH 2022

Alberta Releases Second RFP For Carbon Sequestration Hubs Across Entire Province

McCarthy Tétrault
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On March 3, 2022, Alberta Energy released a second Request for Full Project Proposals for Carbon Sequestration Tenure Management (RFPP 2) seeking carbon sequestration solutions across Alberta.

CanadaEnergy and Natural Resources
Canadian Energy Perspectives
Canadian Energy Perspectives
Kerri Howard
Kerri Howard
Kimberly Howard
Kimberly Howard
Arsalan Ahmed
Arsalan Ahmed
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On March 3, 2022, Alberta Energy released a second Request for Full Project Proposals for Carbon Sequestration Tenure Management (RFPP 2) seeking carbon sequestration solutions across Alberta.

RFPP 2 is highly relevant to companies interested in building, owning, and operating a carbon sequestration hub in Alberta. A carbon sequestration hub is an area of pore space overseen by a company that can effectively plan and enable carbon sequestration of captured carbon dioxide from various emissions sources as a service to industrial clients.

Carbon sequestration, specifically, the permanent disposal of carbon dioxide in dedicated geologic formations, presents a strategic opportunity for both the Government of Alberta and industry to achieve economic and environmental objectives. Well-managed carbon capture is critical for a clean hydrogen economy, petrochemical development, and enhancing environmental performance in the oil sands.

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