"Hitachi first entered the North American turbine market through its relationship with SaskPower," said Bill Boyd, Minister responsible for SaskPower. "Forty years later, Hitachi recognizes Saskatchewan's position as a world leader in carbon capture and storage technology, as we embark on tackling this challenge together."
The non-exclusive collaboration agreement will see SaskPower and Hitachi cooperate on shortening the path from demonstration project to commercially viable carbon capture and storage technologies.
"Innovative partnerships between utilities and technology suppliers are critical to the successful commercialization of low carbon energy options," said Howard Shearer, chief executive officer, Hitachi Canada Ltd. "Our collaboration with SaskPower will allow us to jointly develop and deliver the next wave of clean energy technologies to the people of Saskatchewan and beyond."
The Saskatchewan Reference Plant, which has a targeted 2012 in-service date, would allow for the full-scale demonstration of one or more carbon dioxide capture technologies. Not only could this facility accelerate development and deployment of capture technologies at a commercial scale, it could also deliver potential cost savings to vendors, governments and prospective buyers.
SaskPower has agreed to provide a host site for the Reference Plant and is working actively on plans to integrate the facility with one of its operating power plants.
As the principal supplier of electricity in Saskatchewan, SaskPower is a provincial Crown corporation that serves more than 460,000 customers and manages $4.5 billion in assets. Hitachi, Ltd., headquartered in Tokyo, Japan, is a leading global electronics company with approximately 400,000 employees worldwide. For more information on Hitachi, visit the company's website at www.hitachi.com.
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