Ranking for 2013: 38
Industry Sector: Energy
Specific Sector: Coal
Range: $1 billion - $5 billion
Project Value: $1,240,000,000
Government Funds Involved: N/A
Funding Source: Public-Private
Location: Estevan, Saskatchewan
Estimated End Date of Substantial Completion: 2014
The Boundary Dam Integrated CCS Demonstration Project will refurbish Unit 3 at the Boundary Dam coal power station. The refurbishment includes the integration of a rebuilt coal-fired generation unit with carbon capture technology. SaskPower’s capture facilities will be able to capture up to one million tonnes per annum of carbon dioxide that will be sold for enhanced oil recovery projects.
In 2013, SaskPower officially retired Unit 1, which federal carbon dioxide regulations announced in 2012, calling for coal-fired units that have been operating for 50 years or more to meet new emissions standards by July 1, 2015. Retrofitting the unit in time to meet the new regulations was not deemed economically feasible.
Construction began in 2011 and is excepted to be operational in 2014.
* Prior to publication, SaskPower revealed the project will come in at $1.355 billion, $115 million over budget, after running into unforeseen costs.