BC to help fund gas facility electrification
SUMMARY
North River Midstream, ARC Resources, Tourmaline among funding recipients.
By Dale LunanPOSTED IN:
The Canadian province of British Columbia, through its CleanBC Industry Fund, said January 31 it had made investments totalling C$70mn (US$55mn) in 25 emission-reduction projects, with industry and other partners adding another C$97mn.
Funded projects support a range of clean technologies, including electrification of oil and gas facilities and pulp and paper plants using renewable energy and gas capture systems at oil and gas production sites.
“These projects demonstrate our government’s commitment to working with industry to invest in cleaner technologies and to reduce emissions across all sectors,” said Bruce Ralston, BC’s minister of energy, mines and low carbon innovation. “We’re building new opportunities in a low-carbon economy that works for people and communities across BC.”
This is the third funding round for the CleanBC Industry Fund, which together will generate total emissions reductions of about 6mn metric tons of CO2e (mtCO2e) between now and 2031.
Among oil and gas sector investments, North River Midstream will receive C$18.5mn to install carbon and acid gas compression and injection facilities at its McMahon gas plant, connect its Dawson Creek processing facility to the BC Hydro power grid and install a waste heat recovery system at its Highway processing facility. Together, the three projects are expected to generate emissions reductions of about 1.8mn mtCO2e through 2031.
ARC Resources will receive C$13.66mn to support the connection of its Dawson Creek processing plant to the provincial power grid, replacing four on-site natural gas turbine generators. The project is expected to reduce emissions by 1mn mtCO2e over the next nine years.
Canadian Natural Resources will receive C$2.07mn to replace 254 wellsite pneumatic methanol pumps with solar-powered electric pumps, reducing emissions by nearly 300,000 mtCO2e over the next nine years.
And Tourmaline Oil will receive C$2.54mn to install vented gas capture units on 35 compressors and replace 222 pneumatic drive actuators with electric drive equivalents. Together, the two projects will reduce emissions by about 197,000 mtCO2e through 2031.
Other oil and gas funding recipients include Storm Resources, Petronas Energy Canada, Crew Energy, ConocoPhillips Canada, and Canlin Energy.
