Monday, March 30th18.1°C
25326
25173

SaskPower says unexpected findings have delayed carbon capture project

REGINA - SaskPower says its highly touted carbon capture and storage project at the Boundary Dam power station near Estevan will not be ready on time.

It was supposed to start storing some of the carbon emitted from the coal-fired power plant in April.

The Crown corporation says the carbon capture facility is ready, but there have been some unexpected findings on the power plant side.

The plant is being rebuilt and the utility says there have been some design changes and retrofitting delays.

SaskPower says it's not an extensive delay, but the Crown corporation says it prefers not to give a new date for the opening.

The plan is to capture CO2 emissions from the coal-fired power plant and sell the carbon dioxide to oil and gas companies, which use it to push more oil out of the ground in what's called enhanced oil recovery.

SaskPower president and CEO Robert Watson said last fall that things had come up that weren't expected on the $1.3-billion project.

Watson said the project is about $115 million, or nine per cent, over budget. That includes $25 million for steel reinforcement in the building and boiler, $30 million to remove lead paint and asbestos and $35 million for unforeseen engineering changes.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14908.39+95.97
S&P CDNX680.33-1.10
DJIA17976.31+263.65
Nasdaq4947.44+56.22
S&P 5002086.24+25.22
CDN Dollar0.7887+0.0001
Gold1184.70-0.10
Oil48.62-0.06
Lumber279.70+0.40
Natural Gas2.62-0.05

 
Okanagan Companies
Pacific Safety0.115-0.010
Knighthawk0.010.00
QHR Technologies Inc1.50+0.00
Cantex0.03-0.01
Anavex Life Sciences0.215-0.004
Metalex Ventures0.04-0.01
Russel Metals24.40-0.10
Copper Mountain Mining1.18+0.05
Colorado Resources0.12-0.01
ReliaBrand Inc0.006-0.001
Sunrise Resources Ltd0.045+0.000
Mission Ready Services0.235-0.020
Decisive Dividend Corporation1.80+0.02

 



25528

FEATURED Property
2249594Beautiful Semi-Detached on Dilworth Mountain
$624,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Down payment

If you have less than 20% down payment, mortgage insurance is required through Canada Mortgage & Housing (CMHC), Genworth or Canada Guaranty. Homeowners no longer need the minimum 5% down payment ...


CRA Notice of Assessment

Many Canadians rush to file their taxes on time each year and don’t think about it until the next year. One of the most overlooked notices received from the CRA annually is the annual Notice of ...


Medical confidential?

If ICBC asks your doctor for your information you may wonder: Can ICBC ask my doctor for my medical information? Can ICBC request a medical report from my doctor without my consent? What is ICBC entit...

_








Member of BC Press Council


24222