Canadian firm Tidewater Midstream is planning to build a 3 million bpd hydrogen-powered renewable diesel plant at its Prince George refinery in British Columbia (BC), Canada.
The company set out its proposals for the plant in its most recent investor presentation, in which it explained its energy transition strategy, including diversifying into renewable diesel, hydrogen and renewable natural gas, using its existing infrastructure.
The renewable diesel and renewable hydrogen complex will be a standalone complex which will use 100% renewable feedstocks including used cooking oil (UCO), distillers corn oil (DCO), tallow, canola and soybean. The complex will include a feedstock pre-treatment facility, to allow Tidewater the flexibility to operate with the different feedstocks.
The expected cost will be C$225 million (€151 million), and Tidewater expects to receive around C$100 million in funding from the BC government. Co-location with the existing refinery will reduce capital expenditure and operating costs. Tidewater expects the facility top be operational in 2023.
The company says that the renewable fuels produced will reduce carbon intensity by 80-90% compared to conventional diesel, and reduce greenhouse gas emissions by 65-75%. This is the equivalent of removing 70,000-80,000 cars from the road.
Tidewater bought the former Husky Energy refinery in 2019, including 1 million bbl of storage and pipeline, rail and truck connectivity.