SaskPower signs agreement on CCS with one of Europe's largest power companies

April 9, 2014

Today (April 9th), representatives from SaskPower and Vattenfall, a Swedish power company with significant operations in Germany, joined together to sign an agreement on carbon capture and storage knowledge and technologies at a ceremony in Berlin, Germany.

The Memorandum of Understanding (MOU) signed sets out the two parties' intentions to explore opportunities for collaboration in order to advance their common interests concerning carbon capture and storage (CCS) opportunities. Examples of such collaboration may include: mutual support for the development of CCS projects through technical exchange; informing and guiding the overall development of CCS infrastructure; and sharing CCS developments relating to health, safety and the environment.

'SaskPower's carbon capture and storage project at Boundary Dam Power Station will be the first commercial post-combustion carbon capture system in the world. The project has created a unique opportunity to share practical yet groundbreaking knowledge with the global energy community,' said President and CEO Robert Watson. 'We're very happy to have a partner like Vattenfall join us in building from this innovative work.'

'We see a need for CCS in the future and we are very proud that the research results from our CCS pilot plant, Schwarze Pumpe, will contribute to the further development of the technology,' said Hubertus Altmann, managing director of power plants at Vattenfall. 'SaskPower and Vattenfall are convinced that carbon capture and storage is an important technology to reduce global CO2 emissions to acceptable levels.'

Vattenfall has gained significant previous experience in CCS technologies at a pilot scale through several demonstration projects in Germany, the Netherlands, and the United Kingdom.

The ceremony was organized with the help of the Canadian Embassy in Berlin. The MOU will remain in effect for five years.

For more information about SaskPower's CCS projects, visit www.saskpowerccs.com.

For more information about Vattenfall, visit corporate.vattenfall.com.

For more information:


2025 Victoria Ave
Regina, Saskatchewan
Canada, S4P 0S1

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