{"id":1817,"date":"2015-08-20T00:00:00","date_gmt":"2015-08-20T00:00:00","guid":{"rendered":"http:\/\/www.innovationanthology.com\/import\/2018\/02\/01\/innovation-anthology-709\/"},"modified":"2018-02-25T21:31:05","modified_gmt":"2018-02-25T21:31:05","slug":"innovation-anthology-709","status":"publish","type":"post","link":"http:\/\/www.innovationanthology.com\/import\/2015\/08\/20\/innovation-anthology-709\/","title":{"rendered":"Innovation Anthology #709:"},"content":{"rendered":"

Download MP3 Link<\/a><\/p>\n

Alberta’s Auditor General recently chastised industry for not setting aside enough funds to cover the cost of closing and reclaiming mines.  <\/p>\n

And he worried the public purse would be left picking up the tab.

Darren Alessandrini<\/span> is Senior Manager of Natural Resources and Business Development for Capital Power.  <\/p>\n

He addresses that issue with regard to the company’s coal generating plant at Genesee.<\/p>\n

DARREN ALESSANDRINI: <\/span>We’ve been aware of this issue for quite a number of years, going back to 1995.  We did a very extensive study of what it would take to decommission and reclaim the Genesee mine.  And we came up with what’s called our Annual Reclamation Obligation Amount.  And we’ve been continuing to revise that study every few years so that we are completely in tuned with what it would cost us to decommission the mine and reclaim it if it were to shut down tomorrow.  There’s a security deposit that’s been placed with the Provincial Government that guarantees there are funds available for the Genesee mine’s eventual decommission and reclamation.<\/span><\/p>\n

According to Darren Alessandrini, Capital Power has about $35 million on deposit for closing the mine.

Thanks today to CAPITAL POWER<\/p>\n

Learn more at InnovationAnthology.com<\/span><\/p>\n

I’M CHERYL CROUCHER<\/span><\/p>\n

Guest<\/h2>\n

, <\/h3>\n

, , , , <\/h4>\n

Sponsor<\/h2>\n

Capital Power<\/a><\/h3>\n

<\/p>\n

 <\/p>\n

Program Date:<\/strong>\u00a02015-08-20<\/p>\n","protected":false},"excerpt":{"rendered":"

When it comes to decommissioning a mine, who pays?  Capital Power’s Darren Alessandrini explains the financial security for its coal generating plant at Genesee.(Capital Power)<\/span><\/p>\n","protected":false},"author":1,"featured_media":1818,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,68,10,9],"tags":[],"class_list":["post-1817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alberta","category-capital-power","category-energy","category-environment","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_featured_media_url":"http:\/\/www.innovationanthology.com\/import\/wp-content\/uploads\/2018\/02\/15DarrenAlessandrini_sm.jpg","_links":{"self":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/1817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/comments?post=1817"}],"version-history":[{"count":3,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/1817\/revisions"}],"predecessor-version":[{"id":5028,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/1817\/revisions\/5028"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media\/1818"}],"wp:attachment":[{"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media?parent=1817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/categories?post=1817"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/tags?post=1817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}