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Natural Resources committee Maybe I can kick it off. Our initial work, through the CCPC, found that were we to go to coal gasification, we could see a generation cost price hike of something around 50%.
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee Well, I think so, but that remains to be seen.
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee In Alberta, we have a deregulated marketplace, so a real test will be whether the investors invest in a project of that nature knowing that the returns are whatever they are but that the energy going into the power pool would likely be maybe 20% higher than the current pulverized
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee Five-zero. Our subsequent work has sort of brought that down a little bit, but our current work on the EPCOR IGCC project is targeting somewhere in the region of a 20% hike. There may well be cost-of-electricity increases due to other things in the intervening period. We certai
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee The only thing we're asking for right now, as a coalition, is a contribution to the front-end engineering design work on the Genesee project, as well as the SaskPower and the Nova Scotia Power projects. Really, that will help us get through this initial period, and then we can de
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee They have. And to date they are participating, but they're not putting in funding. They're providing expertise, knowledge, and so forth, particularly the people from EPRI, the research institute in the U.S. They're providing, basically gratis to the project, a lot of expertise.
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee I'm not sure how many we have, but in Canada about 17% to 20% of our total electricity is provided through coal. In the U.S. it's about 52%.
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee There are hundreds.
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee The lifespan is usually around 30 to 40 years. In Canada, for sure, there's a significant number: something like 20,000 megawatts is due for retirement between now and about 2020 to 2025. There's a real opportunity to change out that capital stock with the best available technolo
May 14th, 2007Committee meeting
Dr. David Lewin
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee We did our best to anticipate. I must say that we didn't anticipate as strenuous targets as we saw. We were hoping we would have a little bit more time to change out the capital stock. As you have older capital stock coming up for renewal, it makes sense to put the best availabl
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee We're still working with government with respect to their clean fuel standard and the expectations there. So until those discussions are complete and we understand what those numbers are, I can't say. But we're hopeful that they would.
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee With respect, I think we will have to go to gasification. The standard doesn't sit there. Maybe it's okay in the initial years, but the standard is increasing all the time at a rate I think of 2% per year. Eventually you're forced into making a decision. Do you buy offsets to ge
May 14th, 2007Committee meeting
Dr. David Lewin
Natural Resources committee It depends on the type of coal you're using, which will determine the percentage of reduction. But generally speaking, using coal gasification, something in the order of 80% or 90% of all of those five emissions, which I mentioned, can be reduced.
May 14th, 2007Committee meeting
Dr. David Lewin
May 14th, 2007Committee meeting
Dr. David Lewin