As recently reported in Oilweek, Cenovus’s Christina Lake SAGD facility and Imperial Oil’s Kearl mining project have been identified as benchmarks for oilsands emissions targets under Alberta’s new climate policy.
The Carbon Competitiveness Regulation under the new provincial policy would compare large industrial facilities to leaders in relevant sectors, and allocate emissions permits based on how they measure up.
Relative to industry leaders, emissions allocations for each project would be determined by the following three factors:
- The use of upgraders
- The project’s process
- The amount of electricity produced by co-generation
For the benchmark on the SAGD side, at 2:1 the Christina Lake facility has consistently achieved the lowest steam-to-oil ratio in the oilsands industry and “has a GHG intensity that is comparable to the average crude that is consumed in North America”.
For the mining sector, according to Andrew Leach, chair of Alberta’s climate change advisory panel, “Imperial Oil’s Kearl project could be the benchmark, assuming the project continues to increase production output and reliability.”
Imperial’s proprietary paraffinic froth treatment, in combination with the capacity for electrical cogeneration, results in the facility generating “crude oil that is estimated to have the same life-cycle GHGs as the average of crudes consumed in the United States.”
To read the full article in Oilweek, click here.