Entropy gives formal go-ahead to 2nd carbon capture project

Entropy Inc. says it has made a last finance determination to spell up pinch its 2nd carbon seizure and storage project.

The Alberta-based institution says nan task will seizure emissions from genitor institution Advantage Energy’s Glacier Gas Plant successful northwest Alberta.

The carbon capture installation should beryllium operational by nan 2nd 4th of 2026 and will beryllium capable to seizure 160,000 tonnes of c dioxide per year.

This comes connected apical of Entropy’s first commercial-scale c seizure project, which is already up and moving astatine nan Glacier tract and has nan capacity to seizure 32,000 tonnes of CO2 per year.

Last year, Entropy became nan first institution to motion a woody pinch nan national Canada Growth backstopping nan value of carbon, meaning Entropy’s finance successful c seizure exertion will not beryllium astatine consequence if nan early value of c changes.

Entropy antecedently pegged nan superior costs of its projected 2nd c seizure task astatine $49 million.