Project Canary joins others to develop CCS assessments
Project Canary, one of three leading platforms offering certification of natural gas production by measuring and monitoring emissions, said November 29 it would collaborate with others to deliver similar services to the carbon capture and storage (CCS) sector.
The collective, which will include independent energy company Denbury, IMA Financial Group, Wolf Carbon Solutions (the US subsidiary of Canada’s Wolf Midstream), Canadian energy infrastructure provider Enerflex and technology company Advanced Resources International, will work to harmonise Project Canary’s existing digital platform to deliver high-fidelity, data-driven measurement, reporting and verification (MRV) for CCS projects.
“Progressive policy and funding incentives from the Bipartisan Infrastructure Law and the Inflation Reduction Act have created the environment necessary to accelerate the development and scaling of CCS and other decarbonisation technologies,” a joint release said. “In addition to economic and policy drivers, the future of the CCS industry depends on the trust of all stakeholders, including the public. The members of this collective have brought together their substantial expertise to inform the development of data driven solutions needed to ensure confidence in CCS as a foundational climate solution.”
Project Canary’s digital MRV platform will increase the accuracy and transparency of CCS data and provide measurable insights into the environmental risks and performance of capture and sequestration projects.
“Climate action requires innovation, ingenuity, and, most importantly, partnership,” Project Canary CEO Chris Romer said. “This collective represents a critical step in nurturing mission-critical decarbonisation projects.”
The collaboration – additional members will be announced over the next year – will build a framework and standards to ensure that CO2 volumes are safely captured, transported, and permanently sequestered.
“Considering the expected rapid growth of the industry, we believe it is essential for stakeholders to receive objective third-party verification of the safe and secure storage of CO2 in EOR and sequestration sites,” said Randy Robichaux, Denbury’s VP of health, safety & environment.