Americas > Major Canadian power producer folds C$2.4 bln CCS project

Major Canadian power producer folds C$2.4 bln CCS project

Published 01:20 on May 2, 2024  /  Last updated at 01:20 on May 2, 2024  / Allison Gacad /  Americas, Canada

An Alberta-based power generator scrapped its C$2.4 bln ($1.7 bln) carbon capture and storage (CCS) project, citing it as not economically feasible, following attempts over several months to secure a carbon contract for difference (CCfD) agreement with the Canadian government.
An Alberta-based power generator scrapped its C$2.4 bln ($1.7 bln) carbon capture and storage (CCS) project, citing it as not economically feasible, following attempts over several months to secure a carbon contract for difference (CCfD) agreement with the Canadian government.


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