Canada’s Alter secures site for syngas plant

16 September 2008 19:05  [Source: ICIS news]

TORONTO (ICIS news)--Alter NRG has completed the purchase of a site for its planned syngas-power project near Edmonton in Canada’s Alberta province, the Canadian energy company said on Tuesday.


A first Canadian dollars (C$)130m ($121m) phase of the project, described as Canada’s first integrated gasification combined cycle (IGCC) power facility, was due to become operational in 2010 with a capacity of 120 megawatts (MW) of electric power, Alter said.


The project would run on a blend of natural gas and synthesis gas produced using Alter NRG's proprietary plasma gasification technology, the company said.


It included 600,000 tonnes/year of carbon capture and storage (CCS) which would be injected into nearby geological formations or used at oilfields in enhanced oil recovery (EOR) projects in Alberta, it said.


The Alberta provincial government recently set up a C$2bn fund for CCS and EOR projects for which Alter had submitted a funding proposal, the company added. The Alberta fund is part of the province's climate change initiatives to significantly reduce greenhouse gas emissions.  


In July, Calgary-based Alter NRG announced plans to build Canada’s first coal-to-liquids plant near its coal reserves in Alberta.


($1 = C$1.07).


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