Wednesday, 8th May 2024

SaskPower

SaskPower has outlined its extensive plans for a $1.6 billion capital investment into the province’s electricity system in 2024-25:
1) $508 million goes to maintaining and upgrade transmission, distribution and generation assets, including their existing natural gas and hydroelectric generation fleets and rebuilding rural power lines.
2) $710 million on new generation including the Aspen Power Station Project near Lanigan that broke ground a few weeks ago, as well as the expansion of natural gas power stations at Ermine near Kerrobert and Yellowhead near North Battleford;
3) $311 million in growth projects, including connecting new customers to the grid;
4) $67 million in strategic investments to continue with projects like the Smart Meter deployment, and work on projects such as the new Regina Operations and Maintenance Complex.

SaskPower is also set to commission the Great Plains Power Station near Moose Jaw in 2024, and start operating the province’s first battery energy storage system near Regina. They are also adding 200 megawatts of renewable energy capacity from the Bekevar Wind Energy Project near Kipling.