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Alberta offers C$285 million to carbon capture plan
* Synfuel project gets C$225 mln for carbon capture
* Facilities complete by 2015
CALGARY, Alberta, July 27 (Reuters) - The Alberta government said on Wednesday a carbon capture and storage project backed by a private company planning an unusual power-generation scheme will get up to C$285 million ($300 million) in provincial support.
Swan Hills Synfuels, which is planning to fuel a 300-megawatt power plant with synthetic gas created by heating coal deposits deep underground, will capture the carbon dioxide from the gas and sell it to regional oil producers looking to boost field production.
The money comes from a C$2 billion fund established by the Alberta government to kick-start development of carbon capture and storage technologies in the province. Royal Dutch Shell Plc (RDSa.L) and TransAlta Corp (TA.TO) have also received funding for planned CCS projects in Alberta.
Construction of the carbon capture facilities at the Swan Hill Synfuels site in northern Alberta will begin in 2013 and be operational two years later, the Alberta government said in a release.
($1=$0.95 Canadian) (Reporting by Scott Haggett; editing by Peter Galloway)
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