Saturday, December 20th4.3°C
24295
23875

Ottawa wants to hear from Albertans on whether it should review power plant

FORT SASKATCHEWAN, Alta. - A federal agency is deciding whether there should be an environmental review of a plan by ATCO to build a gas-fired power plant northeast of Edmonton.

The Canadian Environmental Assessment Agency says it wants to hear from the public before it makes a decision on the plant, which is expected to cost around $800 million.

ATCO Power Canada (TSX:ACO.X) says it would like to start construction this year in an area known as Alberta's Industrial Heartland and have it operating by 2017.

The agency says that, if approved, the plant would operate for about 35 years and have a maximum power capacity of 400 megawatts.

There are more than 40 companies that operate refineries, oilsands upgraders, chemical plants and other heavy industry in the Heartland area.

ATCO says there is growing demand for cleaner electricity in Alberta at the same time that companies are phasing out coal-fired power plants.

"The Canadian Environmental Assessment Agency must decide whether a federal environmental assessment is required for the proposed Heartland generating station project located in Alberta," the agency wrote in an email Friday.

"To assist in making its decision, the agency is seeking comments from the public on the project and its potential effects on the environment."

Calgary-based ATCO says the project would create up to 400 construction jobs for up to three years and deliver 35 full-time jobs after that.

ATCO currently operates 10 power-generating plants in Alberta — two run on coal, one on hydro and seven on natural gas.

The Canadian Press


Read more Business News

24588


Recent Trending




Today's Market
S&P TSX14468.26+121.51
S&P CDNX676.54+11.04
DJIA17804.8026.65
Nasdaq4765.38+16.983
S&P 5002070.65+9.42
CDN Dollar0.8618+0.0001
Gold1197.20+2.50
Oil56.50+2.39
Lumber336.20-0.70
Natural Gas3.446-0.196

 
Okanagan Companies
Pacific Safety0.12-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.25-0.03
Cantex0.03-0.005
Anavex Life Sciences0.1726+0.0026
Metalex Ventures0.05-0.005
Russel Metals25.58-0.42
Copper Mountain Mining1.55-0.02
Colorado Resources0.120.00
ReliaBrand Inc0.011-0.0089
Sunrise Resources Ltd0.05-0.005
Mission Ready Services0.215-0.01

 
24130


23265

FEATURED Property
2117775185 Brighton Road
5 bedrooms 3 baths
$435,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


My final thoughts on real estate

This will be the last column I write on real estate. Largely because at the end of the year I will be handing in my license. After 20+ years of working in land development, resort development and rea...


Reflecting on the end of the year

The importance of the end of the year and the Christmas holidays is profound. It is a time to reconnect with family and traditions that have made us who we are. But the year-end has always been a time...


Parenthood: Estates, insurance & taxes

It is now even more important to ensure your loved ones are well looked if anything should happen to you. Here are a few topics to consider helping you prepare for some of the unexpected events that c...

_





24476


Member of BC Press Council


23860