Aquistore project complete, but $3M over budget

Aquistore project complete, but $3M over budget

Date: 18 Sep 2013

Source:  Leader-Post

Accessibility: Publicly available

Aquistore — the world’s first commercial-scale, post-combustion CO2 storage project from a coal-fired power plant — is complete and ready to receive carbon dioxide from SaskPower’s $1.24-billion integrated carbon capture and storage (ICCS) project at Boundary Dam power station near Estevan. The Petroleum Technology Research Centre (PTRC) is in the process of turning over the project to SaskPower, which will use Aquistore to store about one million tonnes a year of CO2 from the carbon capture unit attached to Boundary’s Unit 3. Neil Wildgust, acting CEO of the PTRC, admitted the project — the biggest in the Regina-based centre’s history — was a big learning experience for the research institute and, like many first-of-a-kind projects, more expensive than expected. “Aquistore will be Canada’s first storage of industrial CO2 in a deep saline aquifer,’’ said Wildgust, who joined the PTRC as chief projects officer in November 2011 and became acting CEO upon the retirement of Malcolm Wilson in June. “It’s really an important project.”