The project aims to support efforts to fight climate change in Europe, Asia and elsewhere in the world, by providing transitional energy that will replace other more polluting energies, such as coal and fuel oil, thus reducing 28 million tonnes of GHGs per year global emissions, as shown by the project life cycle analysiscarried out by CIRAIG experts.
The project is based on an investment valued at CAD $ 9 billion and aims to be operational in 2026.
Concretely, the Énergie Saguenay project provides for the construction of three main components on the Saguenay industrial-port site:
GNL Québec will build the very first LNG plant of this size in the world to be supplied with hydroelectricity from a pre-existing local network, which, combined with the region's cold climate, will thus help reduce greenhouse gas emissions by 84%. greenhouse. This major asset will set a new benchmark in the industry.
Determined to innovate and set a new standard within its industry, GNL Quebec has made a firm commitment to operate a carbon neutral plant by offsetting all of its direct greenhouse gas (GHG) emissions.
Economic and social benefits
GNL Québec's objective? Foster the skills development of the workforce and maximize economic spinoffs in the region. During the construction period, which will extend over 4 years, the Énergie Saguenay project should generate 6,000 direct and indirect jobs, including 4,000 direct jobs during peak periods on the site, as well as 1,100 direct and indirect jobs during peak periods. operation, including some 300 high-quality, well-paid jobs distributed between the site and the administrative offices in Saguenay.
The construction, by Hydro-Quebec, of a 345kv electric transmission line of approximately 40km will be necessary in order to supply the plant with hydroelectricity.