Momentum grows for Enbridge's proposed
world-scale open access carbon storage hub
in the Wabamun area, west of
Edmonton, Alberta
CALGARY, AB, Jan. 26, 2022 /CNW/ - Lehigh Cement, a division
of Lehigh Hanson Materials Limited (Lehigh) and Enbridge Inc.
(Enbridge) (TSX: ENB) (NYSE: ENB) are pleased to announce a
memorandum of understanding to collaborate on a carbon solution for
Lehigh's cement manufacturing facility in Edmonton, Alberta.
Lehigh is developing North
America's first full-scale carbon capture, utilization and
storage (CCUS) solution for the cement industry at its Edmonton plant, with the goal of capturing
approximately 780,000 tonnes of carbon dioxide (CO2)
annually. Captured emissions would be transported via pipeline and
permanently sequestered by Enbridge. Subject to the award of carbon
sequestration rights and regulatory approvals, the project could be
in service as early as 2025.
With the support of Lehigh and Capital Power Corporation
(Capital Power) with their local facilities, Enbridge will be
applying to develop an open access carbon hub in
the Wabamun area, west of Edmonton, Alberta, through the Government
of Alberta's Request for Full Project Proposals
process.
Combined, the emissions from Capital Power and Lehigh's planned
carbon capture projects represent an opportunity to avoid nearly 4
million tonnes of atmospheric CO2 emissions. Once built,
the Open Access Wabamun Carbon Hub will be among the largest
integrated CCUS projects in the world.
"At Lehigh Hanson, we believe
that carbon capture and storage technology will play a key role in
transforming the cement industry and building a more sustainable
future," said Joerg Nixdorf,
President of Lehigh Hanson's Canada
Region. "We are excited about taking the next steps in our
ambitious journey to achieving carbon neutrality across the cement
and concrete value chain.
"Having a carbon hub solution in place by 2025 is essential for
the successful implementation of the CCUS project at our
Edmonton cement plant," Nixdorf
added.
"Lehigh Cement's pioneering CCUS project 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. "This collaboration
demonstrates 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."
"We applaud Lehigh and Enbridge in advancing plans for
definitive climate action in Canada with this full chain CCUS initiative
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
vital enabler of large-scale emissions reductions, across multiple
industries, including cement production."
"The Cement Association of Canada (CAC) welcomes the announcement of an
MOU between Lehigh Hanson and
Enbridge for Lehigh's Carbon Capture Utilization and Storage
project in Edmonton, Alberta. This
is another positive step forward in the development of Lehigh Hanson's CCUS project, supporting an
end-to-end solution for carbon capture and permanent storage," said
Michael McSweeney, CAC
President/CEO. "These types of partnerships on critical
technologies like CCUS are how we will win the fight against
climate change and demonstrate to Canadians and the world how our
hard to abate industry will reach its net-zero ambition. We are so
pleased to see this CCUS project moving forward."
Enbridge Forward-Looking Information
Forward-looking information, or forward-looking statements,
have been included in this news release to provide information
about Enbridge Inc. ("Enbridge" or the "Company") and its
subsidiaries and affiliates, including management's assessment of
Enbridge and its subsidiaries' future plans and operations. This
information may not be appropriate for other purposes.
Forward-looking statements are typically identified by words such
as ''anticipate'', ''expect'', ''project'', ''estimate'',
''forecast'', ''plan'', ''intend'', ''target'', ''believe'',
"likely" and similar words suggesting future outcomes or statements
regarding an outlook. Forward-looking information or statements in
this news release include statements with respect to Lehigh's CCUS
Project and Enbridge's proposed Open Access Wabamun Carbon Hub,
including the characteristics and benefits thereof, regulatory
applications and approvals, and prospective in service
date.
Although Enbridge believes these forward-looking statements
are reasonable based on the information available on the date such
statements are made and processes used to prepare the information,
such statements are not guarantees of future performance and
readers are cautioned against placing undue reliance on
forward-looking statements. By their nature, these statements
involve a variety of assumptions, known and unknown risks and
uncertainties and other factors, which may cause actual results,
levels of activity and achievements to differ materially from those
expressed or implied by such statements. Assumptions regarding the
expected supply of and demand for crude oil, natural gas, natural
gas liquids and renewable energy, and the prices of these
commodities, are material to and underlie all forward-looking
statements, as they may impact current and future levels of demand
for the Company's services. Similarly, energy transition, including
the drivers and pace thereof, the COVID-19 pandemic, exchange
rates, inflation and interest rates impact the economies and
business environments in which the Company operates and may impact
levels of demand for the Company's services and cost of inputs, and
are therefore inherent in all forward-looking statements. Due to
the interdependencies and correlation of these macroeconomic
factors, the impact of any one assumption on a forward-looking
statement cannot be determined with certainty. The most relevant
assumptions associated with forward-looking statements on announced
projects and projects under construction, including estimated
in-service dates, include the following: the impact of litigation
and government, regulatory and stakeholder actions and approvals on
construction and in-service schedules; the availability and price
of labour and construction materials; the effects of inflation and
foreign exchange rates on labour and material costs; the effects of
interest rates on borrowing costs; technology-related matters; and
the impact of weather.
Enbridge's forward-looking statements are subject to risks
and uncertainties, including, but not limited to those risks and
uncertainties discussed in this news release and in the Company's
other filings with Canadian and United States securities
regulators. The impact of any one risk, uncertainty or factor on a
particular forward-looking statement is not determinable with
certainty as these are interdependent and Enbridge's future course
of action depends on management's assessment of all information
available at the relevant time. Except to the extent required by
applicable law, Enbridge assumes no obligation to publicly update
or revise any forward-looking statements made in this news release
or otherwise, whether as a result of new information, future events
or otherwise. All subsequent forward-looking statements, whether
written or oral, attributable to Enbridge or persons acting on the
Company's behalf, are expressly qualified in their entirety by
these cautionary statements.
About Lehigh Cement and Lehigh
Hanson
Since 1956, Lehigh Cement has been an innovator, partner and
collaborator in advancing the cement and concrete industry, and
supporting Alberta's economy.
Lehigh Cement is an affiliated company of Lehigh Hanson, the North American operations of
HeidelbergCement. For more
info: https://www.lehighhanson.com.
Lehigh Hanson is part of
HeidelbergCement, one of the world's largest integrated
manufacturers of building materials and solutions, with leading
market positions in aggregates, cement, and ready mixed concrete.
Around 54,000 employees at more than 3,000 locations in over 50
countries deliver long-term financial performance through
operational excellence and openness for change. At the center of
actions lies the responsibility for the environment. As forerunner
on the path to carbon neutrality, HeidelbergCement crafts material
solutions for the future.
About Enbridge Inc.
Enbridge Inc. is a leading North American energy
infrastructure company. We safely and reliably deliver the energy
people need and want to fuel quality of life. Our core businesses
include Liquids Pipelines, which transports approximately 25
percent of the crude oil produced in North America; Gas
Transmission and Midstream, which transports approximately 20
percent of the natural gas consumed in the U.S.; Gas Distribution
and Storage, which serves approximately 3.8 million retail
customers in Ontario and Quebec; and Renewable Power
Generation, which owns approximately 1,766 MW (net) in renewable
power capacity in North America and Europe. The
Company's common shares trade on the Toronto and New
York stock exchanges under the symbol ENB. For more
information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Lehigh
Hanson
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Media &
Investor Relations
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Jeff Sieg
Director, Corporate Communications
972-653-6011
jeff.sieg@lehighhanson.com
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Enbridge
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Media
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Investment
Community
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Jesse
Semko
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Jonathan
Morgan
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Toll Free: (888)
992-0997
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Toll Free: (800)
481-2804
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Email:
media@enbridge.com
|
Email:
investor.relations@enbridge.com
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SOURCE Enbridge Inc.