Energy Diversification Advisory Committee
An Energy Diversification Advisory Committee has been created to help diversify the energy sector and explore opportunities for more investment in energy industries in Alberta.
The committee , which consists of two co-chairs and five additional members with a diverse range of expertise, will meet with stakeholders and provide recommendations to the Minister of Energy by the fall of 2017. The committee will also develop a plan to engage the public so that Albertans can provide their input on the future of energy diversification in the province.
The Committee’s mandate is to explore opportunities for increasing the value of Alberta’s resources and creating more jobs. This may include concepts such as:
partial upgrading - a process to reduce the thickness of oil sands bitumen so it can flow through pipelines efficiently, without having to be blended with diluent (a light oil).
- refining - the process of turning crude oil into finished products like transportation fuels such as gasoline, diesel, jet fuel
and fuel oil.
- petrochemicals - chemical products derived from petroleum or natural gas. Major petrochemicals include olefins (e.g.: ethylene, propylene, butylene), aromatics (e.g.: benzene, toluene, xylene), and alcohols (e.g.: ethanol, methanol).
- chemicals manufacturing - involves converting raw materials such as oil, natural gas, air, water, metals, and minerals into industrial products such as petrochemicals (e.g.: olefins, aromatics, alcohols), agrochemicals (e.g.: fertilizers, insecticides, herbicides), and polymers (e.g.: polyethylene, polypropylene, polyesters). These industrial products form the basis for manufacturing day to day consumer products (e.g.: winter tires, smart phones, coffee cups).
This initiative follows advice of the Royalty Review Advisory Panel, which recommended that Alberta seize opportunities to position the energy industry for long-term success, while also building on initiatives underway such as the Petrochemicals Diversification Program, announced in February 2016.
During the term of the committee’s work, new and updated content including public consultation opportunities, feedback and other information will be posted on this site. Any submissions to the committee may be published to the site unless the author has specifically requested that the material should not be posted. Albertans can receive the most current information by adding their email address to Alberta Energy’s subscription service, which will alert them as new information is made available.