$1.6 billion

Sector: Energy

Location: Keephills, Alberta

Key Players: Capital Power Corporation (construction); TransAlta (operator)

Owner: TransAlta and Capital Power

Financing: Private – Both TransAlta and Capital Power will market their share of the unit’s electrical output.

Status: Scheduled for commissioning in 2011.

Project Details: The 450 MW coal-fired generating plant will use supercritical boiler technology which features higher boiler temperatures and pressures, and a high-efficiency steam turbine. Carbon dioxide (CO2) emissions will be 24 per cent lower for the same amount of power produced by the Wabamum plants, scheduled to be retired by TransAlta in 2010. This plant could also further reduce emissions by being part of Project Pioneer—a scheme to capture and store up to one million tonnes of carbon dioxide (C02) a year.