Nuclear SMRs could decarbonise Canada’s oil sands sector
But cost and commercialisation timeframes may prove a barrier to adoption
Nuclear energy—and especially new small modular reactor (SMR) technologies—could slash emissions from the oil sands industry in Canada, according to industry experts. Oil sands companies use large amounts of high-temperature heat to produce steam to extract bitumen from sand, both at upgraders at the mine sites and by pumping steam underground to produce bitumen in situ. The heat tends to be produced by burning gas, and as a result the oil sands industry accounts for about a tenth of Canada’s greenhouse gas emissions. “Some of the SMR technologies presently under development will be producing substantially more high-temperature heat compared to conventional nuclear reactors that are geared f
Also in this section
2 December 2024
Crucial role of gas means country is laying the foundations to control physical and trading supply chains
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
Although Iraq remains a major crude exporter, it is still some way from becoming a regional energy supply hub. Ambitious new cross-border schemes aim to rectify that situation
29 November 2024
There are opportunities for attractive returns and greater project success amid a real push by the Iraqi government for reform, as long as there is a shared understanding between the needs of investors and the host government