Natural gas and natural gas storage have an important role to play in Nova Scotia's energy future, and will help Nova Scotia become one of the most environmentally and economically sustainable places in the world by 2020.
With the smallest carbon footprint of any fossil fuel, natural gas is one way Nova Scotia is reducing its greenhouse gas emissions. Natural gas is also a highly efficient energy source, delivering more useful energy to customers than other fuel sources like wood, coal or oil.
Alton Natural Gas Storage will be the only natural gas storage facility in Atlantic Canada and the only storage facility connected to the Maritimes and Northeast Pipeline, helping to provide Nova Scotians with affordable and reliable natural gas year-round.
- Investing more than $130 million into the local community and economy
- Creating approximately 110 jobs during construction and approximately 8-10 permanent full time jobs once the project is up and running. It will also create roughly 10-12 full time jobs for service industries
- Providing Nova Scotians with affordable and reliable natural gas year-round from the North American energy network
- Decreasing price volatility for Nova Scotia natural gas customers
- Reducing greenhouse gas emissions by providing more opportunities for gas fired power generation and reducing our reliance on coal fired generation
- Contributing to the overall economic growth of the community and to the local tax base through income, property, and sales taxes
- Allowing for the potential of developing other energy-related projects by increasing storage capacity