SaskPower's electrical load forecast has increased significantly due to increased economic activity in the province. As a result, provincial electricity demand is growing above long-term averages. A large portion of SaskPower's existing generating assets will need to be retired or refurbished in the 2013 to 2030 timeframe.
As SaskPower evaluates a wide range of future supply options to meet this growing demand, so, too, is our company pursuing new business models – including private ownership of generating facilities – to provide the electrical infrastructure required for Saskatchewan.
Opportunities for private sector involvement are currently available in both peaking and baseload generation.