Energy & Power
SaskPower and BHP Billiton to accelerate CCS development
By Anthony Capkun
September 12, 2015 – BHP Billiton and SaskPower are partnering to accelerate the global development of carbon capture and storage (CCS) technology by sharing access to the data, information and lessons learned from SaskPower’s Boundary Dam facility—the world’s first full chain power sector CCS project.
“The individual components of CCS (capture, transport and storage) have been successfully demonstrated for many years, but Boundary Dam is the first power project to bring all these together. Much more investment and many more projects are needed to bring down the cost of technology and accelerate its deployment,” noted Dean Dalla Valle, BHP chief commercial officer.
Under their Memorandum of Understanding (and subject to contractual terms), BHP would contribute to the establishment of a global knowledge centre to help promote research and reduce the cost and risk associated with new CCS projects.
By making relevant information from Boundary Dam more widely available, added Valle, “we hope our contribution has a multiplier effect and promotes CCS investment around the world”.
“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 SaskPower president and CEO Mike Marsh.