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Released on May 13, 2010
SaskPower is working with three Saskatchewan First Nations to study the feasibility of developing a renewable energy project on the Saskatchewan River system.
The James Smith Cree Nation, Chakastaypasin Band of the Cree and the Peter Chapman Band - along with their development partners, Brookfield Renewable Power and Peter Kiewit Sons Co. - have reached an agreement with SaskPower to study the feasibility of developing a hydroelectric project that would provide approximately 250 megawatts (MW) of power to the provincial electrical grid. Known as the Pehonan Hydroelectric Project - a Cree word meaning ‘we're waiting by the creek' - the proposed location would be downstream from the forks where the South Saskatchewan River meets the North Saskatchewan River.
"Public-private partnerships provide many benefits to the people of Saskatchewan and our government is pleased with the potential of the Pehonan project," Minister responsible for SaskPower Bill Boyd said. "It allows First Nations like James Smith, Chakastaypasin and Peter Chapman to become active participants in Saskatchewan's growing economy, while leveraging the capital and expertise of development partners like Brookfield and Kiewit."
Under the terms of the agreement, new studies will take place to validate the results of previous site selection assessments. The studies will also determine the feasibility of the project from an environmental and economic perspective. This phase of the project could take up to four years.
"In the early 1980s our past leaders had a vision for a hydro project on our land," James Smith Cree Nation Chief Wally Burns said. "We are pleased to see that this government is making it a priority to work with First Nations and engage us in opportunities that will benefit our members and hopefully make this vision a reality. If this project can overcome all feasibility obstacles, it has the potential to have significant and positive long-term benefits for the members of our community and the people of Saskatchewan."
Should the project prove to be an economical supply option, the First Nations-private developer partnership would develop the site, build the power plant and enter into a long-term power purchase agreement with SaskPower.
Pursuing emission free hydroelectric generation was one of the medium and long-term supply options SaskPower identified when it shared its future generation plans with the Legislative Assembly's Standing Committee on Crown and Central Agencies in late 2009 and early 2010. The Committee endorsed this approach in its final report, which was issued in April 2010.
-30For more information, contact:
James Parker
SaskPower
Regina
Phone: 306-566-3167
Email: jparker@saskpower.com
Cell: 306-536-2886
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