We aim to be a leader in the energy transition by investing in new technologies and commercializing new products, such as one of the first 24x7 Carbon-Free Power solutions in Alberta, that meet low carbon energy and infrastructure needs of tomorrow. We are leveraging the base load of our franchise and asset footprint to create value with customers and suppliers and within our communities.
These projects include:
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TC Energy is launching a first-of-its-kind 24x7 Carbon-Free power product in the province of
Alberta, positioning customers to manage hourly power needs with cost certainty
AND achieve decarbonization goals by sourcing power from emissions-free assets.
The Alberta Carbon Grid (ACG) is a carbon transportation system reaching the province’s largest sources of industrial emissions.
Designed to be an open-access system, the ACG will serve as the backbone of Alberta’s emerging carbon capture utilization and storage (CCUS) industry, connecting the Fort McMurray region, the Alberta Industrial Heartland, and the Drayton Valley region to key sequestration locations and delivery points across the province, and serving multiple industries. When fully constructed, the system will be capable of transporting more than 20 million tonnes of carbon dioxide (CO2) annually.
In total, TC Energy manages, operates and markets close to 450 megawatts (MW) of electricity in the Alberta. TC Energy is directly involved in all facets of the Alberta power market with expertise in power marketing and trading, generation development, retail services (billing and load settlement) and regulatory issues.
TC Energy and Marathon Petroleum Corporation are exploring a clean energy project that includes the development of hydrogen and ammonia production plants.
TC Energy and Hyzon have executed an agreement to explore joint co-developing hydrogen hubs in the U.S. and Canada.
TC Energy and Nikola have executed a joint development to explore co-developing large-scale clean hydrogen hubs in the U.S. and Canada.
When it comes to hydrogen, our goal is to help customers achieve sustainability goals via diverse feedstocks and new technologies to produce hydrogen from renewable power (electrolysis), renewable natural gas derived from biomass (methane-sourced hydrogen), and natural gas coupled with carbon capture.
TC Energy purchased 150,000 tCO2e generated by Jenner 3 Wind Farm in Canada.
TC Energy invested $29.3 million investment in a renewable natural gas (RNG) production facility , owned by Lynchburg Renewable Fuels LLC, near the Jack Daniel Distillery in Lynchburg, Tenn. The project is being developed by 3 Rivers Energy Partners, LLC, also an owner in Lynchburg Renewable Fuels.
TC Energy, Cenovus Energy and Alberta Innovates are studying the feasibility of small modular nuclear reactor (SMR) technology in steam-assisted gravity drainage (SAGD) operations. The SMR Feasibility Study explores the benefits of SMRs in reducing emissions and improving efficiency.
Feel free to get in touch if you have questions or comments.
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