Cogeneration is the process of simultaneously producing steam and electricity. In MEG Energy’s operations, the steam is used for SAGD bitumen recovery, while the electricity is used to power the plant site, with excess power sold to Alberta’s power grid.
The amount of useable energy created from the burning of natural gas – is increased, as both bitumen and electricity are produced.
Electricity produced at the plant site helps to ensure steady and reliable power.
The sale of excess electricity helps offset production costs.
The electricity provided to the power grid has a lower carbon footprint than the provincial average.
Incident notification – April 30, 2016 – Meg Energy announces that today, at approximately 08:15 hrs, during work carried out on a natural gas well near the village of Edmonton in Alberta.