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Steel Reef Converts Flare Gas to Power for Saskatchewan's Grid

The Calgary-based company will provide 100 megawatts of electricity annually by 2027 using waste gas from oil wells.

  • Steel Reef Infrastructure Corp. has signed agreements with SaskPower to supply electricity generated from flare gas.
  • The initiative aims to produce enough electricity to power 100,000 homes each year by late 2027.
  • The company plans to invest $265 million in new turbines and substations at five gas plants in Saskatchewan.
  • This move addresses environmental concerns, as flaring releases greenhouse gases like carbon dioxide and methane.
  • The World Bank and Canadian regulations emphasize the need to reduce flaring due to its wasteful and polluting nature.
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