Saskatchewan will continue to be a global player in the development of carbon capture and storage through a new partnership announced yesterday.
BHP Billiton and SaskPower will join forces to speed up worldwide development of the technology through data, information and lessons gleaned from SaskPower’s Boundary Dam facility near Estevan, Sask.
The deal would see BHP Billiton build a global knowledge centre to help promote research as well as lower the cost and risk connected with new carbon capture projects.
In a released statement, BHP Billiton chief commercial officer Dean Dalla Valle said global progress has been too slow in combating climate change.
Read Also
Farm cash receipts rise in first half of 2025 on livestock gains
Farm cash receipts in the first half of the year were up 3.3 per cent over the same period last year buoyed by livestock receipts. Overall receipts between January and June totalled $49.6 billion, up $1.6 billion from the same period last year, Statistics Canada reported.
He said industry must deploy a wide range of low emissions technology more quickly than the usual commercial time frames, which the Boundary Dam project is uniquely suited for.
It is the first power project to successfully bring capture, transport and storage together, but substantially more global investment and projects are needed to lower the cost of technology and speed its deployment internationally.
“The intention of this partnership is to allow the CCS expertise and knowledge being developed in Saskatchewan to be shared worldwide, and what better way to do that than with a major global business leader,” said Mike Marsh, SaskPower president and chief executive officer.
Giles Hellyer, president of BHP Billiton Canada Inc., added: “We know there is still much more to be done in CCS, but we are encouraged by the results we are seeing today and the innovations we are working on for tomorrow.… The Boundary Dam project offers lessons for all of us and we look forward to being part of it.”
william.dekay@producer.com
