On April 3, 2024, the Alberta Government released additional details on the Alberta Carbon Capture Incentive Program ACCIP, which will support and accelerate the development of new carbon capture, utilization and storage infrastructure in Alberta. It is now open for industry and carbon sequestration hub operators to apply for ACCIP pre-approval, and the ACCIP rollout now includes more detail around the ACCIP s key features, eligibility criteria, eligible costs and the application process.
The concept of deploying nuclear reactors as a carbon-free source of energy is gaining momentum in Alberta and elsewhere in Canada. This article explores recent promising developments in this space and discusses some of the challenges that lay ahead for those seeking to develop small modular reactors SMRs in Canada.
As demand for Carbon Capture Utilization Storage CCUS technology increases, energy producers across Canada can capitalize on emerging opportunities. Bennett Jones had the privilege of being named the Official Legal Sponsor of the 24th World Petroleum Congress: a platform we leveraged to showcase our 101 years of expertise across the spectrum of the energy industry. Bennett Jones was also the Calgary Chamber Feature Member in the lead-up to the event including an insightful interview with Managing Partner Pat Maguire.