Keyera and Shell have agreed to collaborate on possible low-carbon projects in Alberta’s Industrial Heartland.
This collaboration would use existing assets, nearby lands, and strong leadership to aid industry in its transition to a lower-carbon future and attract new investment to the region.
Together, Keyera and Shell will study options to develop a future open access gathering and distribution network for transporting captured CO2 from Keyera and other businesses in the vicinity to Shell’s proposed Polaris CCS storage hub for safe, dependable, and economic storage. Additionally, Keyera would exploit an existing pipeline capable of delivering hydrogen to supplement the region’s hydrogen manufacturing and distribution network. These projects would enable Keyera and industry to significantly reduce their carbon footprints.
“Our strategic collaboration with Shell is founded on a shared vision to advance continued decarbonization of the energy industry, Alberta’s economic resiliency, and Canada’s objective to achieve a net zero future. This opportunity supports the collective decarbonization ambitions of Keyera and our many industrial neighbors,” said Dean Setoguchi, Keyera’s President and CEO. “We believe that together, Keyera and Shell can successfully build on our respective expertise and existing assets in the Heartland to enable the development of a low-carbon project in Alberta.”
“As Canada’s energy system continues to evolve and change companies both big and small will need to find ways to reduce emissions,” said Susannah Pierce, Shell Canada President and Country Chair. “The agreement with Keyera will drive increased collaboration to develop low-carbon energy projects and technologies that are needed by society in our journey to net zero.”
“Keyera, in partnership with Shell, is building on the tremendous value proposition in Alberta’s Industrial Heartland by developing regional infrastructure that supports industrial decarbonization in Alberta and Canada. This collaborative approach leverages synergies across our region to advance industrial growth, inclusivity, and energy diversification while reducing greenhouse gas emissions, highlighting the region’s position as a leader in Canada’slow-carbon future,” said Mark Plamondon, Executive Director, Alberta’s Industrial Heartland Association.
