On May 25, InnoTech Alberta, an applied research subsidiary of Alberta Innovates, announced the official opening of the Alberta Carbon Conversion Technology Centre (ACCTC).
The creation of the ACCTC was aided by up to $20 million from the Alberta and federal governments and by seven members of Canada’s Oil Sands Innovation Alliance (COSIA), who were actively engaged in its design and construction. This includes ConocoPhillips Canada (CPC), the COSIA project lead and prime construction manager. When the ACCTC was completed, CPC handed it over on behalf of COSIA to InnoTech, who now owns and operates the centre.
Users of the ACCTC will test and advance carbon dioxide (CO2) capture and conversion technologies that assist in greenhouse gas (GHG) emission reductions, by enabling the conversion of CO2 into commercially viable, value-added products.
The first ACCTC tenants are the five finalists in the natural gas track of the NRG COSIA Carbon XPRIZE. ConocoPhillips is proud to be the COSIA lead for the Carbon XPRIZE, and for our role in building the centre.
“This project is truly the culmination of many years of work and a collective desire to play a role in the CO2 capture and conversion solution space,” says Ian Ramshaw, ConocoPhillips Canada’s manager, Surmont Asset Integration, and CPC’s lead on the ACCTC and NRG COSIA Carbon XPRIZE joint industry projects.
“The technologies being tested at this centre could contribute to a lower carbon, yet energy abundant future.”
Read more about how the oil sands and the NRG COSIA Carbon XPRIZE could turn the CO2 challenge into an investment opportunity here.