Project Canary forms collective with IMA, Denbury & Wolf Carbon to support CCS aims

Dec. 1, 2022
According to the companies, the collaboration will establish the standards and framework to guarantee the safe capture, transport and permanent sequestration of CO2 volumes

Project Canary has teamed up IMA Financial Group, Denbury, Enerflex, Advanced Resources International (ARI) and Wolf Carbon Solutions US to accelerate the development of data-driven measurement, reporting and verification (MRV) for carbon capture and sequestration (CCS).

Harmonizing existing frameworks through Project Canary’s digital MRV platform, the collective will aim at supporting the development of third-party independent environmental assessments and data measurement across the CCS value chain.

Project Canary's Canary SENSE platform incorporates a networked sensor canopy, including third-party assessment scores and sensor data, to deliver independently verifiable climate attribute data for midstream, upstream and CCS projects.

According to the companies, the collaboration will establish the standards and framework to guarantee the safe capture, transport and permanent sequestration of CO2 volumes.

"Climate action requires innovation, ingenuity, and, most importantly, partnership. This collective represents a critical step in nurturing mission-critical decarbonization projects," Project Canary's chief executive officer Chris Romer states. "Data and analytics must be at the foundation of any net-zero goals—we're proud to lead the charge towards measured progress alongside our partners."

Under the partnership, ARI, a technology services firm, will serve as a subsurface evaluation risk and data partner.

ARI's Founder and President Vello Kuuskraa says, "For more than two decades, ARI has supported research institutions, regulatory agencies, policymakers, and private companies in defining the scale and value of the CCS opportunity. By partnering with Project Canary, we are signaling a new era of CCS with access to real-time, reliable data. Our role is to bring subsurface science and technology to ensure that underground storage of CO2 is as safe and secure as possible."

Project Canary is an environmental data and software firm, while Denbury is an energy company focused on carbon capture, use and storage and enhanced oil recovery. Headquartered in Calgary, Alberta, Enerflex is a provider of energy infrastructure and energy transition solutions. Wolf Carbon Solutions US is a private firm backed by Canada Pension Plan Investment Board and IMA Financial Group serves an integrated financial services firm.

Wolf, by the way, is an affiliate of energy infrastructure firm Wolf Midstream, which owns and operates the Alberta Carbon Trunk Line (pictured above). The ACTL includes CO2 conditioning and compression, as well as one of the world's largest capacity CO2 pipelines utilized to assist in enhanced oil recovery operations.

The collective aims to add new members in the coming year.

About the Author

EnergyTech Staff

Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

He can be reached at [email protected]

EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.