Basin project to capture C02 pegged at $300 million
The Bismarck-based company chose Powerspan Corporation of Portsmouth, New Hampshire, to provide the technology to remove about 1 million tons of C02 annually from one of two units at Basin's Antelope Valley Station.
The project is expected to recover 57 million cubic feet of carbon dioxide daily. The gas will then be piped to the North Dakota oil patch and to southern Saskatchewan, where it will be pumped underground to force oil to the surface.
Carbon dioxide emissions are widely blamed for global warming.
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Electricity deal clinches $100M bitcoin mining operation in Medicine Hat
TORONTO - The City of Medicine Hat has agreed to supply electricity and lease land to a Toronto-based cryptocurrency mining company in a deal that will see $100 million in construction spending in the southern Alberta city.
The city will provide electric energy capacity of about 42 megawatts to Hut 8 Mining Corp., which will construct bitcoin mining facilities near the city's new Unit 16 power plant.
The operation is expected to be running by September and will triple the company's operating power to 60.7 megawatts, Hut 8 said.
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"The signing of the electricity supply agreement and the land lease represents a key component…
