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Suncor ATCO Hydrogen Project

Canada
Greenfield

Overview

Status
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Greenfield
Region
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North America
Geography
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Canada
State
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Alberta
Equity Owner
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Suncor ATCO JV
Proponent
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Suncor ATCO JV
Output
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Green hydrogen
Type of electricty
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wind
solar
Hydro
Capacity
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300,000 tonnes of hydrogen annually
Financing
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Technology
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electrolysis
Technical Advisors
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Advisors
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Project Contact
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Myles Dougan Director, Investor Relations & External Disclosure T: 403 292 7879 C: 403 828 2908; T 800-558-9071 invest@suncor.com
Lawyers
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Project Cost
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Offtaker
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Approximately 65% of the produced clean hydrogen would be used in refining processes and cogeneration of steam and electricity at the Suncor Edmonton Refinery. Approximately 20% of the produced clean hydrogen could be used in the Alberta natural gas grid to further reduce emissions.
Commercial Operations Date
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Decommission Date
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FID
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Description

Project details include a joint venture between Suncor and ATCO to build a hydrogen production facility, capable of producing 300,000 tonnes of hydrogen annually. It will be located near ATCO’s Heartland Energy Centre near Fort Saskatchewan. The project is expected to face an investment decision in 2024 and could be operational as early as 2028. According to Suncor, approximately 65 per cent of the hydrogen would be used by Suncor in refining processes and cogeneration of steam and electricity, reducing emissions by up to 60 per cent at its Edmonton refinery. Another 20 per cent would be added to the provincial natural gas grid to reduce emissions from uses such as home and business heating. The rest will be sold to various users. Suncor is to build and operate the hydrogen production and carbon dioxide sequestration facilities and Atco would construct and operate the associated pipeline and hydrogen storage facilities.


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