May 17, 2020

TransCanada is Back, Offers Alternative Route

energy digital
Energy
TransCanada
Keystone XL pipeline
Admin
2 min
TransCanada, Keystone XL pipeline, oil sands, Nebraska, Keystone XL permit
TransCanada Corp has reapplied for a US permit for the $7. 6 billion Keystone XL oil pipeline, resubmitting an application with the US Department of S...

 

TransCanada Corp has reapplied for a US permit for the $7. 6 billion Keystone XL oil pipeline, resubmitting an application with the US Department of State from the US and Canada border in Montana to Steele City, Nebraska.

After being put on hold due to environmental concerns, the company said in a statement released today that the pipeline would take an alternative route through Nebraska to avoid an environmentally sensitive area.

While environmental groups have vehemently opposed Keystone over the risks it poses to critical aquifers, TransCanada argues that its environmental review process has been thorough and should alleviate those fears.

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"Our application for a Presidential permit builds on more than three years of environmental review already conducted for Keystone XL," said TransCanada Chief Executive Russ Girling in the company's statement. "It was the most comprehensive process ever for a cross-border pipeline."

The project is expected to take over two years after the permitting process is complete. The company hopes to have the pipeline up and running by late 2014 or early 2015. In a statement released by the US State Department, reviews of the new proposed route will take six to nine months.

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Apr 16, 2021

Hydrostor receives $4m funding for A-CAES facility in Canada

energystorage
Canada
Netzero
Dominic Ellis
2 min
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction
The funding will be used to complete essential engineering and planning, and enable Hydrostor to take critical steps toward construction...

Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.

The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction. 

The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.

The project has support from Natural Resources Canada’s Energy Innovation Program and Sustainable Development Technology Canada.

Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.

The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”

A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth. 

Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."

The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.

Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019. 

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