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CCS and CCUS technologies are being developed with plans to reduce CO2 emissions by millions of tons annually in Canada. With the rapid development and large-scale application of these technologies, the oil and gas industry intends low-carbon, efficient, and sustainable development while ensuring a secure supply of oil and gas. For CCS and CCUS tech to be successful, it is critical to ensure the storage of CO2 is secure and permanent. Since the AER- regulates all aspects of energy resource development in Alberta, from decisions on project applications, to rule enforcement and measures to hold companies accountable at all stages of development, they constantly have regulatory changes under development to respond to new developments in the industry. Last year, on October 19, 2022, updates to Directive 20 were announced in part to create regulatory certainty for CCUS development in Alberta- to provide a clear regulatory framework for industry and clarify internal procedures for AER staff. In addition, on December 8, 2021, the Government of Alberta proclaimed the Geothermal Resource Development Act (GRDA). It established the AER as the primary regulator for deep geothermal energy developments in Alberta. This motivated the AER to develop a new framework for deep geothermal […]
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