With $51 million, AbitibiBowater believes it could produce more than 60% of its own power at its Thunder Bay, Ontario mill by installing a condensing turbine, associated generator and cooling tower to support existing electricity generation.
AbitibiBowater said in a open house meeting this week, concerning the project, that they are in the process of applying for funding from senior levels of government to help offset some of the costs.
To get the project off the ground, the company first has to go through a screening process, fine tune their capital costs, get government approval, and exit bankruptcy protection.
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AbitibiBowater investigates power generation (TbNewsWatch)