27 Jan Energy Opportunities in Estevan
Last week, the city of Estevan reaffirmed their support for the energy sector in southeast Saskatchewan. For years Estevan has been known as the Energy City and is home to mining and power generation as well as many oil and gas businesses and their employees. As legislation and markets change, we understand the importance of having a diverse economy that can support the workers in our city, but we also recognize the importance of the energy sector businesses in the area and their future as a part of our economy.
Coal plays a major role in Estevan’s economy with both mining and power generation jobs, and we continue to advocate to the Provincial Government and SaskPower for Carbon Capture and Storage (CCS) to be implemented on Boundary Dam Unit 6 and the Shand Power Station. Coal fired power generation with CCS can provide cost effective and environmentally safe and clean base load power. Coal also has a future in projects like the poly-generation facility that is currently being researched for the Estevan area.
Other opportunities for diversification in energy continue to present themselves. Estevan is well placed to take advantage of opportunities like solar or wind power with our prolonged periods of sunshine and vast, windy open space. Geothermal energy is another opportunity for the city, and projects like DEEP Earth Energy Production’s Torquay site are great signs for the future of Geothermal technologies being used in southeast Saskatchewan. Oil will also continue to be an important part of our economy, as new and innovative technologies are developed and implemented.
These are just a few of the many opportunities that exist for Estevan’s economy. The City of Estevan and the Economic Development Board are committed to supporting our current industries, while working to find, support and advocate for new opportunities for our city. To learn more about the goals of the Economic Development Board and the opportunities we are working on, visit www.estevaneconomicdevelopment.ca