The proposed Synfuels carbon capture gasification plan was one of four such plants designed to make conventional coal-fired power obsolete in Alberta. Currently, natural gas prices sit at $3.00 per gigajoule, and the province wants to wait until prices stabilize at $5.00 per gigajoule before reviving the Swan Hills project.
Check out an article in the Edmonton Journal for more information:
The historic Rossdale power plant located in Edmonton’s majestic river valley is considered a landmark by many Edmontonians. Its future rests on a decision by the province later this summer on whether or not to remove the building’s historic designation. Immediate repairs would cost $4.6 million, while future building upgrades could run as high as $104 million.
The city and province will review ideas from the public to get a better sense of what Edmontonians want to see happen to the Rossdale plant. Some past suggestions include renovating the plant and making it part of a riverside arts district, creating retail and commercial space, or developing apartment housing.