SaskPower and Vattenfall have signed an agreement to explore collaboration in the area of carbon capture and storage (CCS) opportunities. Representatives from the two companies recently signed the memorandum of understanding at a ceremony in Berlin, Germany.
According to SaskPower, the collaboration could include mutual support for the development of CCS projects through technical exchange, informing and guiding the overall platform of CCS infrastructure and sharing CCS developments relating to health, safety and the environment.
SaskPower is currently building the Boundary Dam CCS project, a $1.4 billion project that will integrate a rebuilt coal-fired generation unit with carbon capture technology. The Bounday Dam Project is located near Estevan, Saskatchewan.
Vattenfall has gained previous experience in CCS technologies at a pilot scale through demonstration projects in Germany, the Netherlands and the United Kingdom.
The agreement will remain in effect for five years.