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SaskPower
Renewable power projects will continue to have a strong Indigenous equity ownership component, with a minimum requirement of ten per cent, and a target of 30 per cent.
Going forward, SaskPower’ s priority will be reliable and affordable power generation along with energy security. In June 2025, the government of Saskatchewan directed SaskPower to extend the life of its coalfired power units at Boundary Dam, Shand and Poplar River power stations. Saskatchewan has large reserves of Crownowned coal, and the certainty and security of coal means that it will continue as a pillar of its electrical generation system as the province bridges to a nuclear future powered by Saskatchewan uranium.
This decision will position Saskatchewan at the center of the North American energy grid with options for export and for the potential attraction of new investments that are large scale users of electricity.
Saskatchewan made history in 2014 when Boundary Dam Power Station’ s Unit 3( BD3) became the world’ s first power plant to successfully use carbon capture and storage technology. During a decade of operation SaskPower’ s CCS facility has captured nearly 6.9 million tonnes of CO 2
. That CO 2 is used for enhanced oil recovery, supporting nearby oilfield operations and in turn providing an economic boost. Combining CCS with enhanced oil recovery results in 82 per cent fewer emissions than traditional oil and gas extraction.
Today, BD3 has achieved stable, sustainable operations and maintains the lowest emissions intensity of any coal unit in the world. In the 12-month period between August 2023 and 2024, the CCS facility captured more than 900,000 tonnes of CO 2 for the first time. As of March 31, BD3 completed its third-consecutive fiscal year with more than 800,000 tonnes of CO 2 captured. This project has made Saskatchewan a world-leader in carbon capture and storage technology.
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