SaskPower investing in aging power grid, green energy –

SaskPower put nearly $1 billion into the province’s electricity system in the 2016-17 fiscal year, according to its annual report.

Those dollars went towards the aging power grid, growing demands and environmental commitment, a press release says.

It also highlights the launch of the “competitive process for up to 200 megawatts of wind generation, with service scheduled to begin in 2021.” 

And also for a “utility scale” solar project, that — if built—could be the first Canadian project of that scale outside of Ontario.

Sask Carbon Capture 20141002

A SaskPower press release says it has reached ‘a milestone of capturing nearly 1.5 million tonnes of carbon dioxide at the Boundary Dam Capture Facility since start-up.’ (Michael Bell/Canadian Press)

SaskPower raked in $46 million in profit in the last fiscal year, up from $26 million for the 15-month period from January 2015 to March 2016. 

Over the past two years, SaskPower has saved $73 million in budgeted operating, maintenance and administration spending, according to the release. 

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