STERIA is a highly-experienced consulting group (over 200 years of Industry experience and
technical and business expertise) which focuses on adding value to our clients’ Western Canada
and International Energy Assets in the context of the North American and Global natural gas,
natural gas liquids, and power marketplaces. We bring our independent and unbiased perspective,
collective knowledge and experience, energy, and focus to add value for our clients
With an increasing focus on “low carbon” energy, net zero carbon emissions, and Environmental and Social
Governance (ESG), Hydrogen and Geothermal Energy are becoming increasingly topical within both the
Federal and Provincial Governments and, resultingly, the Natural Gas Business.
As companies explore their longer-term vision for a lower carbon future, both Hydrogen and Geothermal
needs to be understood and may factor into their business and ESG Plans
Government support for Geothermal opportunities have been available for some time; Hydrogen is still in
the program development stage. There is a “first mover” advantage available in both areas
With its background and experience, STERIA is uniquely positioned to assist our clients in understanding the
playing field and how opportunities may apply to their specific business
Steria can assist you in understanding: the Regulatory Framework, available Government Support Programs,
Surface Technologies and Equipment, Downhole Carbon Sequestration, Hydrogen Demand, and Business and
Project Economics. Decarbonization of producing and processing assets is a key component of a Hydrogen
opportunity and should be considered in parallel. STERIA can provide guidance and assist our clients in this
To assist our clients in understanding the basics of both Hydrogen and Geothermal in West Central Alberta,
STERIA has prepared summary documents (50 to 75 PowerPoint Slides) that are available in a cost-effective
fashion to jump start the understanding and discussions
- The offsetting chart is a schematic from our business model indicating the economic performance of a specific Hydrogen opportunity, the relative costs of both natural gas and carbon pricing over time and the economic performance of increased carbon capture. In this case:
– Current gas and carbon prices appear sufficient to encourage H2 Steam Methane Reformer (CMR) production, based on International Energy Agency (IEA) cost data
– Partial Carbon Capture Use and Sequestration (CCUS) (56%) appears to be more economic than 90% CCUS, absent Government incentives.
- Individual project parameters (scale, location, contract terms, etc.) will materially change project economics
- The offsetting chart is a schematic from our business model indicating the economic performance of a specific Geothermal Opportunity, the relative costs of both natural gas and carbon pricing over time and the impact of capital grants. In this case:
– Estimates do not support project economics without capital cost grants.
– Government financial support is currently available for Geothermal development.