SUBSCRIBE
PROFILE

RETI Selected by Edmonton

RETI (Reconciliation Energy Transition Inc) announces its selection by the State of Alberta to evaluate a carbon sequestration facility.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99€/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

RETI (Reconciliation Energy Transition Inc) announces its selection by the State of Alberta to evaluate a carbon sequestration facility.

Announcing an evaluation

RETI announces that the Government ofAlberta has awarded RETI the contract to evaluate a carbon capture facility. The site will be located east of Calgary. The center will provide an open access carbon sequestration service.

RETI plans to enter into a carbon sequestration assessment agreement with Alberta Energy. This agreement will allow the company to conduct evaluations and tests to confirm the suitability of the center. The goal is to permanently trap carbon dioxide in saline aquifers.

A controlled development

The RETI monitored facility could initially trap up to 5 million tons per year of carbon dioxide. However, this rate could increase to 10 million tons in the next few years. The company believes that the carbon sequestration center will be the foundation for an industrial center in southern Alberta.

Alberta will thrive on emerging renewable fuels. The state is also banking on the sustainable development of hydrogen. In addition, RETI recognizes the right of people to have a say in the economics of decarbonization in Canada.

  • Popular on energynews.pro
Drone strike cuts electricity in Khartoum and Port Sudan, two rescuers killed
Microsoft signs two new wind power purchase agreements with Iberdrola
Voltalia launches construction of hybrid solar-storage power plant in French Guiana
TerraWind strengthens its onshore wind portfolio in Japan with 255MW transferred
T1 Energy launches construction of 2.1GW solar cell plant in Texas
France: electricity bills to remain stable in 2026 despite the end of Arenh
The Ministry of the Economy forecasts stable regulated tariffs in 2026 and 2027 for 19.75 million households, despite the removal of the Arenh mechanism and the implementation of a new tariff framework.
French Electricity Union releases 50 measures to electrify the national economy
The federation of the electricity sector proposes a comprehensive plan to reduce dependence on fossil fuels by replacing their use in transport, industry and housing with locally produced electricity.
Czech government rejects ETS2 and warns of disadvantage against China and the United States
The new Czech Minister of Industry wants to block the upcoming European emissions trading system, arguing that it harms competitiveness and threatens national industry against global powers.
Czech government prepares CEZ buyout in $9.6bn deal
Several scenarios are under review to regain control of CEZ, a key electricity provider in Czechia, through a transaction estimated at over CZK200bn ($9.6bn), according to the Minister of Industry.
France postpones publication of energy roadmap to 2026
The government has postponed the release of the new Multiannual Energy Programme to early 2026, delayed by political tensions over the balance between nuclear and renewables.
Indonesia targets $92bn to green its industrial power generation by 2050
Indonesia plans $31bn in investments by 2030 to decarbonise captive power, but remains constrained by coal dependence and uncertainty over international financing.
Bolivia ends fuel subsidies to contain monetary crisis
The Bolivian government eliminates subsidies on petrol and diesel, ending a system in place for twenty years amid budgetary pressure and dwindling foreign currency reserves.
Polish regulator investigates suspicious trades ahead of Orlen’s Energa announcement
Poland’s financial watchdog has launched legal proceedings over suspicious transactions involving Energa shares, carried out just before Orlen revealed plans to acquire full ownership.
Dalkia wins €15bn contract to manage Paris heating network until 2050
The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.
Norway to require grid operators to prepare for multiple sabotage incidents
Norway’s energy regulator plans a rule change mandating grid operators to prepare for simultaneous sabotage scenarios, with an annual cost increase estimated between NOK100 and NOK300 per household.
São Paulo pushes for termination of Enel’s concession before 2028
The State of São Paulo has requested the termination of Enel Distribuição São Paulo’s concession, escalating tensions between local authorities and the federal regulator amid major political and energy concerns three years before the contractual expiry.
Saudi Arabia grants $60mn loan to expand Mauritania’s power transmission network
Mauritania secures Saudi financing to build a key section of the “Hope Line” as part of its national plan to expand electricity transmission infrastructure inland.
How RESourceEU works, the European plan to secure critical raw materials
RESourceEU introduces direct European Union intervention on critical raw materials via stockpiling, joint purchasing and export restrictions to reduce external dependency and secure strategic industrial chains.
France opens final consultation phase for 2050 low-carbon strategy
The third National Low-Carbon Strategy enters its final consultation phase before its 2026 adoption, defining France’s emissions reduction trajectory through 2050 with sector-specific and industrial targets.
Germany to raise allowed electricity grid revenues from 2029
Germany will allow a minimum 1.4% increase in grid operator revenues from 2029, while tightening efficiency requirements in a compromise designed to unlock investment without significantly increasing consumer tariffs.
French power overcapacity forces strategic revision before end of December
Facing a structural electricity surplus, the government commits to releasing a new Multiannual Energy Programme by Christmas, as aligning supply, demand and investments becomes a key industrial and budgetary issue.
Fossil fuel divisions block adoption of major UN report
A key scientific report by the United Nations Environment Programme failed to gain state approval due to deep divisions over fossil fuels and other sensitive issues.
France: RTE calls for accelerated electrification to reduce fossil fuel dependence
RTE warns of France’s delay in electrifying energy uses, a key step to limiting fossil fuel imports and supporting its reindustrialisation strategy.
India cancels 6.3 GW of renewable connections, signalling regulatory shift
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
Brazil launches roadmap to reduce its dependence on oil
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

START - 99€/year

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.