Saskatoon Light and Power is once again exploring the feasibility of developing a river hydropower station at the weir on the South Saskatchewan River.
The project is estimated to cost up to $65 million, which will be covered by Saskatoon Tribal Council, private partners and offset from revenue generated by the power station.
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If the project goes forward, the existing weir infrastructure will be renewed including a new pedestrian bridge and fish migration channel.
Depending on final design, the station could produce enough power for up to 3,500 homes each year and generate up to $5 million in revenue.
A report will be presented to the city’s environment, utilities and corporate services committee on Monday.
“The report that city council will review recommends we enter into a formal agreement with the Saskatoon Tribal Council to pursue a feasibility study for the project,” Kevin Hudson, the city’s metering and sustainable electricity manager, said.
“The study will include community consultation, environment review, engineering and financial analysis to determine the approach that makes the most sense.”
If the project goes forward, the bridge and hydro station are scheduled to open at the end of 2021.