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SaskPower reports $160 million net income as COVID-19 bit into sales The pandemic was in part responsible for the largest reduction to greenhouse gas emissions SaskPower has ever reported.
Author of the article: Arthur White-Crummey
Publishing date: Jul 07, 2021 • 3 hours ago • 3 minute read • REGINA, SASK : July 7, 2021 SaskPower President and Chief Executive Officer Mike Marsh speaks to media during a news conference, regarding the Crown s annual report, held at the Saskatchewan Legislative Building in Regina, Saskatchewan on July 7, 2021. BRANDON HARDER/ Regina Leader-Post Photo by BRANDON HARDER /Regina Leader-Post
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The COVID-19 pandemic made SaskPower slightly less profitable while contributing to the biggest one-year drop in emissions it has ever reported, according to an annual report released Wednesday.
The City of Estevan s economic development board is celebrating Saskatchewan Mining Week by showcasing the largest working carbon capture and storage (CCS) facility in North America, which is right. . .
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SaskPower’s carbon capture and storage (CCS) facility at Boundary Dam Power Station near Estevan, Canada, has captured more than 4 million t of carbon dioxide (CO
2) since operations began in 2014.
The milestone, which was achieved on 30 March 2021, represents greenhouse gas emissions reductions equivalent to taking 1 million passenger vehicles off the road for a year.
“This facility was the first of its kind in the world and stands as a strong example of our government’s commitment to supporting innovation,” said Don Morgan, Minister responsible for SaskPower. “We believe finding technological solutions such as CCS are crucial for transitioning to a prosperous, low-carbon future.”
31 Mar 2021
BD3 CCS Facility Reaches 4 Million Tonne Milestone
The following commentary by Brent Jacobs, P.Eng. is a statement on behalf of the International CCS Knowledge Centre.
It takes courage to be first. And now with SaskPower’s ground-breaking Boundary Dam 3 CCS Facility (BD3) having captured and prevented four million tonnes (4Mt) of CO
2 from entering the atmosphere, it is a milestone worth celebrating.
REGINA, Saskatchewan, March 31, 2021 (GLOBE NEWSWIRE) This amount of carbon mitigation not only has the equivalent emissions impact of taking approximately 865,000 cars off the road for a year
i, but it also underscores the value and large-scale impact of being tenacious in application-based learning and advancements.