And there are alternatives to electrolysis. There's high temperature electrolysis. There are combined cycle or thermal chemical ways of producing the sulphur iodine system for producing hydrogen from nuclear heat. There are many other alternatives.
Again, the point is that we're not spending enough time on technology. These are reactors that are running. There are 20-megawatt reactors that are running this technology, but we don't have the money to move them forward to full-scale kinds of applications.
You mentioned two times for CO2 capture. Well, that comes back to my comment about setting the regime such that the private sector can justify investing that money. I don't think it's two times. I'm aware of a coal-fired plant proposal in Saskatchewan. It's 450 megawatts gross, 300 megawatts net, with full carbon dioxide capture and storage and compression. That will be about a 50% greater cost.
Let's not get into numbers. What you're saying is that, directionally, we need to transition natural gas as a fuel to other fuel sources. I agree. Absolutely. We need to do that. And I would argue that there are many candidates out there. I think nuclear is one. Let's not just look at energy in Alberta. Let's look at some of the other innovations around the world that could be safer and cheaper. They may not be Canadian, I'm sorry. I told you I was a technology agnostic. I will bring you the best technology from around the world to exploit our energy resources. If it can be Canadian, great. If the best technology is in Germany or France or in China, let's go get it from there. Let's do this right. I think we can.
With respect to your other comment on wind, the issue is that wind power produces electricity. Where that wind power is best sited does not replace liquids coming from the oil sands into pipelines. We have an infrastructure that exists in this continent of wires and pipes. It will cost more than the cost of renewables to put in new systems and transmission lines and so on, but in the long run....
I remember a very interesting discussion in Alberta with some environmentalists. They were asked what their ideal view of Alberta would be in the future. They said it would be an energy-producing province with energy security and self-sufficiency, but with not one molecule of CO2 emission and not one gram of fossil fuel being used. Then we heard the industry side. My comment to the person who made the statement in the first place was simply that I agree with you. As long as you're talking, I don't know, 500 years or 1,000 years, we must transition to that. But if you're talking 10 years, you're going to have an absolute fight between the industry and environmentalists. All of our transition is making certain we make it as fast as possible. That transition will occur as fast as possible through technology.