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COMPRESSED AIR ENERGY STORAGE UPDATE 2026

As power generation capacity is increased in Saskatchewan and Canada, utility scale energy storage will be an integral part of this industrial development. In cooperation with Brian Brunskill and Robert Stewart, PTRC is sharing this white paper to demonstrate how the use of compressed air energy storage (CAES) technology - using salt caverns in Saskatchewan - can provide unlimited storage…


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PTRC ANNOUNCES THE APPOINTMENT OF ERIK NICKEL AS PRESIDENT AND CHIEF EXECUTIVE OFFICER  

PTRC ANNOUNCES THE APPOINTMENT OF ERIK NICKEL AS PRESIDENT AND CHIEF EXECUTIVE OFFICER   May 27, 2026                         For Immediate Release  PTRC Sustainable Energy today announced the appointment of Erik Nickel to the position…


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PTRC Supports Federal Announcement of the Inclusion of CO2-EOR in the CCS Investment Tax Credit (ITC)

The Petroleum Technology Research Centre – as a world leader in the advancement of CO2 enhanced oil recovery R&D and commercial-scale field projects – is today applauding the Government of Canada’s decision to allow CO2-EOR as part of the CCS Investment Tax Credit program.   PTRC managed the Weyburn-Midale CO2 EOR program – the most important project in the…


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PTRC's CO2RE New Well Project Receives $4.9 million in Funding from NRCan

March 27th, 2027   Today in Toronto, Natural Resources Canada and its Energy Innovation Program announced funding to the PTRC for our new CO2 Reservoir Evaluation (CO2RE) project, which aims to inject a new observation well into the CO2 storage locatoin a the Aquistore site.  This is a world-first project in many ways, drilling directly in a reservoir that has been CO2-saturated for…


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