Atura Power and Plains All American Sign Memorandum of Understanding for Underground Hydrogen Storage Feasibility

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OAKVILLE, Ontario and HOUSTON, April 21, 2022 (GLOBE NEWSWIRE) — Atura Power (Atura) and Plains All American (Nasdaq: PAA & PAGP) (Plains) today announced that they have signed a memorandum of understanding under which they conduct a feasibility study on low-carbon hydrogen (produced by electrolyser) and underground storage and an initial engineering design (FEED) study related to the existing assets and operations of Atura and Plains located in Windsor, in Ontario. The prospective studies will analyze the technical and commercial feasibility of Atura designing, building and operating a 20 megawatt electrolyser adjacent to its Brighton Beach Generating Station (BBGS), and Plains providing a hydrogen storage service underground at its salt cavern product storage facility near Windsor..

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“We are delighted to partner with Plains to explore hydrogen generation and storage options near our Brighton Beach plant,” said Chris Fralick, President of Atura Power. “Exploring large-scale subsurface hydrogen storage in Ontario is a critical step in realizing the full net zero potential of hydrogen. Hydrogen can be produced during off-peak hours, on a daily or seasonal basis, and stored as a long-term energy source. This stored hydrogen can be used to decarbonize Ontario’s economy in applications such as high-emission industries, heavy trucking and long-term/seasonal energy storage for the electric grid.

“We believe hydrogen can play a critical role in global decarbonization. As a major Canadian operator of natural gas liquids storage caverns, exploring the feasibility of using our assets for hydrogen storage is an important step in advancing our Emerging Energy platform.” , said Dan Noack, vice president of Plains Emerging Energy and Process Optimization. “Adding a hydrogen storage service would align with our existing asset base, our business model and our efforts to diversify our participation in the energy evolution in a capital efficient way. We We look forward to growing our relationship with Atura and advancing other similar opportunities in the future.

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The MOU allows Atura and Plains to explore Atura’s potential to produce low-carbon hydrogen at BBGS, and allows Plains to implement a capital-efficient solution by converting and/or developing some of its existing Windsor salt cavern storage assets into hydrogen. storage.

BBGS has direct access to a high voltage distribution substation for the electricity component and close to the Detroit River and the BBGS water treatment system for the water component. The Plains Windsor storage caverns are located less than three and a half kilometers from BBGS.

The start of the feasibility studies and the FEED is dependent on the receipt of a Canadian federal grant, which is expected in the second quarter of 2022.

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Atura is implementing a low-cost, low-carbon hydrogen program that will help reduce greenhouse gases, while supporting the development and adoption of a key clean energy source on the path to an economy-wide net-zero future. As a clean energy catalyst, Atura is well positioned to help build Ontario’s hydrogen economy. Low-carbon hydrogen will be an important tool in the fight against climate change and supports the net zero goals set out in Ontario Power Generation’s (OPG) Climate Change Plan.

Plains has 28 million barrels of natural gas liquids storage capacity, including more than 50 storage caverns with extensive pipeline, rail and trucking connectivity. The success of this project would allow Plains to join a relatively small number of hydrogen storage operators in North America.

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About Atura Power
Atura Power, a subsidiary of OPG, plays a key role in the province’s power system. With plants in Windsor, Halton Hills, Toronto and Napanee, its combined cycle power plant fleet is flexible and dispatchable – a catalyst for renewable energy sources like solar and wind. Atura Power is committed to reducing its greenhouse gas emissions and to being a leader in facilitating the economy-wide adoption of hydrogen in Ontario.

About the Plains
PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil and natural gas liquids (NGLs). PAA has an extensive network of pipeline gathering and transportation systems, in addition to terminals, storage, processing, fractionation, and other infrastructure assets serving major production basins, transportation corridors, and major market centers and export points in the United States and Canada. On average, PAA processes over 6 million barrels per day of crude oil and NGLs.

PAGP is a publicly traded entity that holds an indirect, non-economic majority general partner interest in PAA and an indirect limited partner interest in PAA, one of North America’s largest energy infrastructure and logistics companies. PAA and PAGP are headquartered in Houston, Texas. For more information, please visit plainsallamerican.com.

For more information:
Media Relations
[email protected]

Michael Millic
Manager, Investor Relations
Plains All American
(866) 809-1291

Karen Rugaard
Senior Manager, Government and Public Affairs
Plains All American
(866) 809-1290

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