The Richmond Times Dispatch says it is, so it must be true. The Saskpower Boundary Dam Integrated Carbon Capture and Storage Demonstration Project, a $1.2-$1.4 billion project is scheduled to come on line this year according to the Times Dispatch.. The unit captures, compresses and injects liquid CO2 about 2,200 meters below ground. The CO2 has been sold for oil recovery. The writers believe that CCS is just around the corner but do notice that natural gas might be a less expensive power plant. From the description the CCS is about $11 billion/gigawatt. Maybe the next one won’t be quite as much. The project also reduces the Unit 3 output from 130 MW to 110 MW, an approximately 15% reduction in output. I’m not sure if this is a modification or the estimated processing and compression costs, which weren’t mentioned.
Sounds more like a pipe dream. Working CCS plants are quite rare and this one is a expensive science fair project.