The Alberta Utilities Fee has licensed the necessity for Canadian Utilities Ltd.’s multi-billion-dollar Yellowhead pure fuel pipeline venture.
The venture is proposed to hold over 1,200 terajoules, or 1.1 billion cubic toes, per day via over 230 kilometers (142.92 miles) of pipeline from the Friends space to Fort Saskatchewan.
“The Want Evaluation Utility is the primary of two key regulatory filings that require approval from the Alberta Utilities Fee to advance the venture”, mum or dad firm ATCO Ltd. stated in an announcement on-line.
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“Canadian Utilities’ working entity ATCO Power Methods will file a separate services utility later this yr to hunt AUC approval for building and operation of the bodily infrastructure and expects building to begin in 2026”.
Nancy Southern, chair and chief govt of ATCO, stated, “This Alberta Utilities Fee resolution affirms the strategic significance of the Yellowhead Pipeline in supporting Alberta’s long-term power resilience with infrastructure that may empower communities, allow industrial development and reinforce our dedication to accountable improvement throughout the province”.
Southern stated session had been carried out with communities alongside the proposed route and that the proposed venture “displays each native priorities and broader power wants”.
ATCO’s preliminary funding estimate for Yellowhead is CAD 2.8 billion ($2.04 billion).
“The venture is predicted to create 2,000 direct jobs and help a mean of 12,000 jobs yearly via associated downstream investments”, ATCO added.
“As soon as operational, the downstream investments are estimated to contribute CAD 3.9 billion yearly to Alberta’s GDP”, it stated, citing an inside examine by Oxford Economics.
In its quarterly report final month Canadian Utilities stated it continued to pursue engagements with potential Indigenous companions for fairness preparations.
Yellowhead “continues to advance on-going stakeholder session, land acquisition, long-lead pipeline supplies procurement and design work”, the report stated.
Canadian Utilities is progressing one other venture, the Central East Switch-Out energy transmission line (CETO), which began building within the third quarter of 2024.
“CETO has progressed substation tendering for civil, structural and electrical works and expects to start fall season building within the third quarter of 2025”, the quarterly report stated. “Electrical energy Transmission’s 85 kilometers of the transmission line are on observe to be energized by June 2026 with an approximate CAD 280 million anticipated venture spend.
“CETO will help renewable power integration in Alberta and transport electrical energy within the counties of Pink Deer, Lacombe and Stettler, supplying greater than 1,500 megawatts of electrical energy to Alberta’s grid”.
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