First Nation Capital Investment Partnership and Enbridge collaborate to advance CO2 storage solutions

Enbridge's proposed world-scale open access carbon storage hub in the Wabamun area west of Edmonton, Alberta.

Lehigh Cement, a division of Lehigh Hanson Materials Limited (Lehigh), and Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) have agreed to collaborate on a carbon solution for Lehigh's cement manufacturing facility in Edmonton, Alberta.

At its Edmonton plant, Lehigh is developing North America's first full-scale carbon capture, utilization, and storage (CCUS) solution for the cement industry, with the goal of capturing approximately 780,000 tonnes of carbon dioxide (CO2) per year. Enbridge would transport captured emissions via pipeline and permanently sequester them. The project could be operational as early as 2025, depending on the award of carbon sequestration rights and regulatory approvals.

Enbridge will apply through the Government of Alberta's Request for Full Project Proposals process to develop an open access carbon hub in the Wabamun area, west of Edmonton, Alberta, with the support of Lehigh and Capital Power Corporation (Capital Power).

Capital Power and Lehigh's planned carbon capture projects represent a combined opportunity to avoid nearly 4 million tonnes of atmospheric CO2 emissions. Once completed, the Open Access Wabamun Carbon Hub will be one of the world's largest integrated CCUS projects.

"At Lehigh Hanson, we believe that carbon capture and storage technology will play a critical role in transforming the cement industry and paving the way for a more sustainable future,"

said Joerg Nixdorf, President of Lehigh Hanson's Canada Region.

"We are looking forward to the next steps in our ambitious journey to achieve carbon neutrality across the cement and concrete value chain."

"Having a carbon hub solution in place by 2025 is critical to the success of the CCUS project at our Edmonton cement plant,"

Nixdorf added.

"The pioneering CCUS project by Lehigh Cement is an exciting addition to our proposed Open Access Wabamun Carbon Hub, which is poised to support the decarbonization of multiple industries, including power generation, oil and gas, and now cement,"

said Colin Gruending, Enbridge Executive Vice President and President, Liquids Pipelines.

"Our focus on local, cost-effective, customer-focused carbon transportation and storage solutions that drive scale and competitiveness while minimizing infrastructure footprint to protect land, water, and the environment is demonstrated by this collaboration."

"With this full chain CCUS initiative, Lehigh and Enbridge are advancing plans for definitive climate action in Canada, and we are proud to be a part of the carbon capture development at Lehigh's Edmonton cement plant,"

said Mark Demchuk, National Director, Strategy & Stakeholder Relations at the International CCS Knowledge Centre.

"Collaborative CCUS solutions like this are a critical enabler of large-scale emissions reductions in a variety of industries, including cement production."

"The Cement Association of Canada (CAC) applauds the announcement of a Memorandum of Understanding (MOU) between Lehigh Hanson and Enbridge for Lehigh's Carbon Capture Utilization and Storage project in Edmonton, Alberta. This is another important step forward in the development of Lehigh Hanson's CCUS project, supporting an end-to-end solution for carbon capture and permanent storage,"

said CAC President/CEO Michael McSweeney.

"These types of collaborations on critical technologies like CCUS are how we will win the fight against climate change and show Canadians and the rest of the world how our hard-working industry will achieve its net-zero ambition. We are overjoyed that the CCUS project is moving forward."

Source: Enbridge news