![]() ![]() CCV explores commercial opportunities in North America toĭevelop, build, own and operate carbon capture projects for carbon intensive industries seeking to Memorandum of Understanding that established Cross Carbon Ventures (CCV), an independent carbonĬapture development partnership. In 2021, Svante, Enbridge, Cross River Infrastructure Partners LLC, and OTS entered into a commercial Real-time reporting, a commitment to safety and rigorous training, make OTS the best choice to get your project into a steady-state operation safely and efficiently. OTS’s management team is hands-on for every project and are always accessible. Their leading quality management system, based on ISO 9001:2015 standards, ensures consistency and precision in project execution. With four locations throughout North America and a roster of hundreds of skilled employees, OTS has worked on major capital projects since inception in 2005. OTS is a premier provider of Pre-Commissioning, Commissioning and Start-Up and Operations and Maintenance services for the energy, mining and utility sectors. received $950,000 CAD from ERA to implement Svante’s carbon capture process for its fluid catalytic cracker, a project with a total cost of $9.9 million USD. If successful, these projects could lead to over $20 billion in capital expenditures, create thousands of jobs, and reduce about 24 million tonnes of emissions annually-this is the equivalent of reducing Alberta’s annual industrial emissions by almost 10 percent. In July 2022, ERA announced they would be investing in over $40 million CAD in 11 projects focused on advancing Alberta’s global leadership in carbon capture utilization and sequestration (CCUS). In 2012, Svante and CCEMC signed a contribution agreement to provide match funds from 2012 to 2019 for the development and demonstration of Svante carbon capture technology from natural gas boiler flue gas at a scale up to 30 TPD. ERA provides non-dilutive funding that helps companies attract significant capital more quickly. It allows the province to fully leverage the capacity of the innovation system in support of innovative technologies that will help Alberta be a leader in addressing climate change. It was formerly known as CCEMC prior to 2016. The study will evaluate the feasibility and design of a 10,000 tonne-per-year carbon capture unit in one of Chevron’s California facilities and is expected to be completed in the first half of 2020.Įmissions Reduction Alberta (ERA) is the Government of Alberta’s primary green technology investment tool. In FebruSvante and Chevron Technology Ventures (CTV) commissioned a pre-front end engineering design (pre-FEED) study that will explore the potential for trialling Svante’s technology in Chevron’s operations. Through its investment portfolio and internal use pipeline that trials technologies for use within Chevron, CTV has supported a wide range of pioneering companies that are helping to shape the future of energy. CTV fosters innovation, supporting vibrant startup ecosystems and championing technology integration internally. ![]() Inc., pursues new business solutions and externally-developed technologies that have the potential to enhance the way Chevron produces and delivers affordable, reliable and ever-cleaner energy. ![]() ![]() Formed in 1999, Chevron Technology Ventures (CTV), operating as a division of Chevron U.S.A. ![]()
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