Canadian power industry faces revamp

Ottawa’s massive planned changes to emission regulations for power producers and oilsands projects have the potential to remake Alberta’s generation industry — and scare investment from bitumen extraction and upgrading, experts said Tuesday.

In Alberta’s coal-reliant generating sector, the changes — to require coal-fired generators to capture and sequester their significant carbon dioxide (CO2) emissions — are expected to give a big boost to natural-gas-fired projects and provide a double benefit to wind, which is already the focus of a frenzy of projects.

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