The $1.4 billion project is contingent on fair compensation for the early closure of Capital Power’s coal facilities.
Based on four remaining years for a group of coal power contracts that companies are trying to terminate.
Shell Canada, Capital Power say more green energy investment likely to result.
It will generate renewable energy to power 100,000 homes.
Project Pioneer capture plant cancelled after oil extraction methods improved.
Husky Energy has received a $14.5 million investment from the federal government for a carbon capture and storage (CCS) project at an ethanol plant in Lloydminster, Sask.
An unplanned outage at the Genesee 3 power plant near Edmonton is expected to last five weeks, said plant operator Capital Power Corp.