Enbridge Inc. and the First Nation Capital Investment Partnership (FNCIP) have reached an agreement to advance the proposed Open Access Wabamun Carbon Hub west of Edmonton, Canada. The hub is being developed as an innovative combination of carbon transportation and storage solutions to support recently-announced carbon capture projects from Capital Power Corp. (Capital Power), Lehigh Hanson Materials Limited (Lehigh Cement), and potentially others.
Four Treaty 6 Nations – Alexander First Nation, Alexis Nakota Sioux Nation, Enoch Cree Nation and Paul First Nation – recently formed the FNCIP to pursue ownership in major infrastructure projects with commercial partners who share Indigenous values – the hub is the FNCIP's first partnership. The Lac Ste. Anne Métis Community will also have an opportunity to pursue ownership in future carbon transportation and storage projects associated with the hub.
"This path creates an opportunity to generate wealth, but more importantly it allows sustainable economic sovereignty for our communities. We are creating a healthy future for the next seven generations to thrive," said Chief of Alexander First Nation, George Arcand Jr. "We're looking forward to working with industry leaders who share our values of environmental stewardship and to collaborate with Enbridge on world-scale carbon transportation and storage infrastructure investments."
"We welcome the opportunity to partner with these Treaty 6 First Nations and the Lac Ste. Anne Métis Community as equity owners in the carbon transportation and storage projects being developed within the Open Access Wabamun Carbon Hub," said Colin Gruending, Executive Vice President and President, Liquids Pipelines with Enbridge. "We see Indigenous economic partnerships like this as critical to advancing reconciliation and delivering world-class projects."
Once built, the hub will be among the largest integrated carbon transportation and storage projects in the world. Capital Power and Lehigh Cement's planned carbon capture projects represent an opportunity to avoid nearly 4 million t of atmospheric CO2 emissions.
With support of local Indigenous groups, Capital Power, and Lehigh Cement, Enbridge has applied to develop the open access hub through the Government of Alberta's Request for Full Project Proposals process.
Read the article online at: https://www.hydrocarbonengineering.com/the-environment/03022022/first-nation-capital-investment-partnership-teams-up-with-enbridge/