Alberta announces new challenge aimed at transforming tailings ponds
Alberta has announced $50 million in funding to help entice companies to come up with new and improved technologies to reduce oil sands mine water and reclaim tailings ponds.
The province announced the Tailings Technology Challenge at a news conference in Calgary on Tuesday.
'We look forward to seeing the innovative solutions that come out of this funding challenge,' said Rebecca Schulz, minister of environment and protected areas.
Oil sands processing creates leftover water called tailings that need to be properly managed. In the oil sands, tailings are a mixture of water, sand, clay and residual bitumen that are the byproduct of the oil extraction process.
'Tailings and mine water management remains among the most significant challenges facing Alberta's energy sector,' said Justin Riemer, Emissions Reduction Alberta CEO.
The Tailings Technology Challenge is open to oil sands operators and technology providers until Sept. 24.
Eligible technologies include both engineered and natural solutions.
'Innovation has always played an instrumental role in the oil sands and continues to be an area of focus,' said Kendall Dilling, Pathways Alliance president.
'Oil sands companies are collaborating and investing to advance environmental technologies, including many focused on mine water and tailings management.'
'We're excited to see this initiative, as announced today, seeking to explore technology development in an area that's important to all Albertans.'
The money for the challenge is from the industry-funded Technology Innovation and Emissions Reduction Regulation (TIER) fund.
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