Under the agreement signed by the two companies, and subject to contractual terms, BHP Billiton would contribute to the establishment of a global knowledge center to help promote research and reduce the cost and risk associated with new CCS projects. BHP Billiton Chief Commercial Officer Dean Dalla Valle said he was excited that the company was working with SaskPower to support efforts to reduce the world’s emissions.
“The individual components of CCS have been successfully demonstrated for many years, but Boundary Dam is the first power project to bring all these together. Much more investment and many more projects are needed to bring down the cost of technology and accelerate its deployment,” Dalla Valle said. “By making relevant information from Boundary Dam more widely available, we hope our contribution has a multiplier effect and promotes CCS investment around the world.”