Project Pioneer, a proposed public-private sector project to demonstrate the commercial viability of carbon capture and storage technology (CCS) in Canada, has been scrapped.
The C$1.4 billion (US$1.42 billion) project would have captured a megatonne of carbon dioxide emissions every year for a decade from TransAlta’s Keephills 3 coal-fired power plant in Alberta, and was due to be completed by 2015.
It was to have been a project by Canadian energy firms TransAlta, Capital Power and Enbridge with the Canadian government and Province of Alberta. The companies have determined that the technology worked and capital costs were within expectations. However, the market for carbon sales and the price of emissions reductions could not support the project.
(Graphics: GPA Illustration)
Other CCS casualties:
• Last December, Swedish firm Vattenfall cancelled the Jänschwalde project, a US$2 billion CCS demonstration project it had planned to be ready by 2015 in Brandenburg, Germany
• Basin Electric’s proposed CCS project at its Antelope Valley Station in North Dakota is shelved indefinitely
• German utility RWE’s integrated gasification combined cycle plant with CCS in Hürth
• In October, the UK pulled out funding for a post-combustion CCS project being built at the 2,400-MW Longannet power station in Fife, Scotland, by ScottishPower, UK grid operator National Grid, and oil company Shell.
• In July, American Electric Power shelved its US$668 million CCS project at its 1,300-MW Mountaineer Plant in New Haven, West Virginia.
Sources: POWERnews, Project Pioneer