(R)Evolution 2009-2050: Transforming Energy

Advancing CCUS initiatives Developing plans to apply CCUS technology at Genesee 1&2 . • • Pre-FEED almost complete, FEED study in 2022 Set to reduce emissions by 3 million tonnes annually · Significant federal and provincial Government support for CCUS applications $1.8 to $2.0B capex direct excluding owners costs On track for investment decision late 2022 or early 2023 Alberta carbon hub • • Enabling carbon transportation and storage networks Develop an open access carbon hub in the Wabamun area Compliments the Genesee Carbon Conversion Centre Enbridge hub project is an excellent fit for Capital Power 7

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