Vattenfall has stopped its CCS research in Europe, including Schwarze Pumpe CCS. The company has instead taken some first steps to cooperate with SASK Power in Canada and its Boundary Dam Power Station CCS project. Vattenfall is defending the decision with the need to concentrate resources in other research areas that are of more immediate value to the company’s profitability. A press release issued on 8 April announced the signing of a Memorandum of Understanding between SASK Power and Vattenfall. The document sets out the two parties’ “intentions to explore opportunities for collaboration on CCS opportunities”, but does not include any statements about economical investments.
Vattenfall press release, 6 May 2014
SASK Power press release, 8 April 2014