Shell Canada Products, a subsidiary of Shell plc, announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture approximately 6,50,000 tons of CO₂ annually from the Shell owned Scotford refinery and chemicals complex.
In addition to the Polaris FID, Shell announced FID to proceed with the Atlas carbon storage hub in partnership with ATCO EnPower. The first phase of Atlas will provide permanent underground storage for CO₂ captured by the Polaris project.
“Carbon capture and storage is a key technology to achieve the Paris Agreement climate goals,” said Huibert Vigeveno, Shell’s Downstream, Renewable and Energy Solutions Director. Vigeveno added, “The Polaris and Atlas projects are important steps in reducing emissions from our own operations.”
As per the press release, Polaris and Atlas will build on the success of the Quest carbon capture and storage (CCS) facility at Scotford, which has safely captured and stored more than nine million tons of CO₂ since 2015 that would otherwise have been released into the atmosphere.
