Evaluation of Carbon Storage Potential in Atlantic Canada

Strategic Area

Carbon Capture, Use and Storage

Status

Active

Fund

Energy Innovation Program

Year

2025

Agreement Value

$4,999,693

Project Total

$11,701,549

Location

NL

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Memorial University of Newfoundland

Lead Proponent

Memorial University of Newfoundland

Project Objectives

The objective of this project is to assess the potential for carbon storage in Atlantic Canada including offshore reservoirs.

Expected Results

This project aims to:

  1. Enhance global competitiveness by addressing geochemical and geomechanically knowledge gaps.
  2. Share results openly for academic, strategic, policy, and/or potential commercial use.
  3. Create a regional assessment tool with a map and formation evaluation dataset.
  4. Provide innovative and cost-effective ways to monitor CO2 and improve analysis reliability.
  5. Establish carbon capture capacity and strengthen long-term sequestration.