Michael Kolodner’s Post

Long term risk management in a fundamental question to be answered in all CCUS applications. In Alberta, the government will eventually take over the liability, and that might sound like an unnecessary risk, but there are a lot of hurdles for project owners before that transfer occurs. The big one is the storage scheme has to be "closed." The article states: "Closure certificates are issued by the Alberta Energy Regulator following the completion of certain monitoring, abandonment, reclamation and closure activities, upon satisfying the regulator of the operator’s plans for post-closing management and monitoring." This is a big deal and issuing the certificate means the on-going liability is demonstrably low. To get there, the scheme must be abandoned. This means any wells that are exposed to the storage zone and not required for long term monitoring are abandoned, confirmed sealed and reclaimed. A well is by far the most likely way for CO2 to leak. Pressure tests, leak detection and a suite of logging tools are used to ensure this is accomplished. It's important to to note, the geological features of these zones have successfully trapped oil and gas for 60 millions years, and in some cases, hundreds of millions of years. The integrity of the storage closure "beyond a well" is confirmed through MMV (monitoring, measurement and verification). The process will confirm the CO2 is contained long term. This is achieved through a variety of monitoring techniques, with pressure, temperature, composition being monitored at injection and observations wells (both at the storage zone, near the storage zone and on surface). Some projects will have seismic and/or fiberoptic monitoring as well. Measurements will be taken for many years after injection stops - all to minimize risk and ensure the CO2 is stored permanently. This will be a a very technical undertaking with multiple stages, proof and approvals required before the province takes over the liability. #ccs #ccus #cleantechnology #carboncapturetechnology #carbonsequestration #carbonstorage #carbonfootprint Canadian Natural Resources Limited (CNRL), Vault 44.01 Kiwetinohk Energy Corp. RETI - Reconciliation Energy Transition Inc. Interpipe, Inc. Enbridge Whitecap Resources Inc. Pembina Pipeline Corporation, Tidewater Midstream and Infrastructure Carbon Capture and Storage Association Carbon Capture Canada Pathways Alliance Enhance Energy Inc.  Carbon Alpha Emissions Decisions, bison low carbon ventures @entropy inc Collisions YYC

In a recent incident, construction on a major offshore wind project in Massachusetts was halted due to a turbine blade failure. While no one was injured, the cleanup and repair costs will be significant. This event serves as a crucial reminder of the importance of having comprehensive liability and warranty coverage in place. Such incidents can lead to unexpected expenses and project delays, emphasizing the need for robust risk management strategies. Read more about the incident and consider how your own coverage measures up. Ensuring you have the right protections in place can save your project from costly setbacks. Read the full article in Engineering News-Record 👇 https://bit.ly/3SlaOdd #news #construction #riskmanagement #constructioncompliance #projectmanagem #constructionsafety

The proper decommissioning of oil and gas wells and the permitting of Class VI carbon dioxide injection wells are non-trivial and related challenges. Are state O&G regulators up to the task? There’s reason to worry.

Now this is pretty cool…a credible study estimating how effective different risk mitigation strategies have been at reducing ignition events originating from utility operations using actual utility data. Fast-trip settings…a 72% reduction in ignition risk on average. Enhanced vegetation management…57% reduction in ignition risk on average. Combining the two…92% reduction in ignition risk on average. Deployment of fast-trip settings on high hazard days was deemed “most cost effective” ignition risk reduction measure. Meanwhile undergrounding, which was acknowledged as “most effective” was found to be 6-8X more expensive per ignition avoided or avoided structure burned than fast trip settings. Uncertainty inherent in the methodology was clearly cited, but exceptionally cool insights into cost vs. benefit trade offs of risk mitigation actions nonetheless. Begs the question…is any probability of a potentially avoidable ignition acceptable? #energytransition #utilities #publicpower #wildfire #liability #risk #riskmanagement #insurance #marsh #marshspecialty

We believe thriving in the oil and gas industry requires not only resilience in the face of volatility but also a steadfast commitment to efficiency, safety, and environmental stewardship. #engineeringexcellence #PESCOfamily #familybusiness #processequipment

We believe thriving in the oil and gas industry requires not only resilience in the face of volatility but also a steadfast commitment to efficiency, safety, and environmental stewardship. #engineeringexcellence #PESCOfamily #familybusiness #processequipment

Energy-from-Waste (EfW) projects are complex and involve significant investments. Solicitor Harvey C. and Partner Alexander Cosgrove review a recent case that highlights the importance of ensuring contractual clarity to mitigate risks and ensure successful project outcomes: https://lnkd.in/euNXBeWz At Brachers, our team specialises in the waste to energy sector and in drafting and negotiating robust contracts. We understand the intricacies of these agreements and work closely with our clients to: ➡ Define clear project objectives and scope ➡ Allocate risks and responsibilities appropriately ➡ Establish effective dispute resolution mechanisms ➡ Address regulatory compliance and environmental considerations If you're involved in an EfW project or need advice on your commercial terms of business, get in touch. #EnergyfromWaste #ContractLaw #LegalAdvice 

We believe thriving in the oil and gas industry requires not only resilience in the face of volatility but also a steadfast commitment to efficiency, safety, and environmental stewardship. #engineeringexcellence #PESCOfamily #familybusiness #processequipment

"Cost effective solutions for today's aging #infrastructure." A sewer/water system is a collection of assets. System owners are asset managers. Why are we waiting until assets fail before we do something? How much is it costing you to be proactive vs. reactive? #Asset #Management 101! My dad would say "son, it's better to change the oil, not the engine." Oil change $19.99 and engine $15,000 🤔 In 2024 we are in the stones ages until now. AMOS the most affordable most comprehensive asset management dream to for all managers of assets more for municipal public infrastructure of water 💧 and sewer 💩 Contact our #certified asset management team today for a free consultation and learn about a how to get the asset management tools and education your team/system needs asap! Our amp plans lead to obtaining Texas Water Development Board funding 💰 you need for system/asset upgrades. www.TexasInfraGroup.com TCEQ Compliance Service US Environmental Protection Agency (EPA) Texas AWWA UCTA ASCE - Texas Section #sewer #wastewater #water #texas Texas Office of Texas Governor Greg Abbott

To adapt to the increased risk of extreme weather, utility companies must strategically invest in resources to mitigate risks while maintaining grid resilience and reliability. In their latest Sendero blog, Consultants Karley Lea and Saqib Vikaruddin, CSM share the technology behind innovative wildfire risk mitigation and proactive vegetation management solutions. Click the link below to keep reading.