SURREY, BC, June 23 /CNW/ - Terasen is pleased that a recent report from
the Parliamentary Standing Committee on Natural Resources confirms the work
the company is carrying out to plan, build, own and operate integrated
community energy projects in B.C.
"Terasen is a leader in integrated energy solutions that reduce
greenhouse gas emissions, and establish more sustainable communities," said
Doug Stout, Vice President, Marketing and Business Development, Terasen Gas,
who was one of the presenters at the Committee hearings in Ottawa this past
March. "The Committee report confirms what Terasen and the energy community
have been advocating in recent years; that decisions on efficient energy
management must be applied during the planning process at the community
The report, Combining our Energies: Integrated Energy Systems for
Canadian Communities examines the contribution of integrated approaches for
providing energy services in Canada. It points out that 50 per cent of
Canada's energy use and greenhouse gas emissions come from communities using
conventional energy systems. New energy sources, such as geothermal, biogas
and district energy systems offer innovative opportunities that, when coupled
with the existing energy grids, can reduce traditional energy demand,
establish more sustainable communities and lower greenhouse gas emissions.
Terasen currently works with several leading edge communities and
developers in B.C. on projects that demonstrate how community planning and
innovative ideas can meet the energy challenges of tomorrow and the goals set
out in the B.C. Energy Plan:
- Terasen will own and operate a $25-million district energy system at
The Village at Fraser Mills development in Coquitlam, displacing
8,200 tonnes of greenhouse gas emissions a year and delivering a safe
and comfortable living environment for residents.
- Terasen is working with the Delta School District to develop and
implement alternative energy solutions to reduce the use of low
efficiency heating sources, cutting the District's carbon footprint
and saving more than $100,000 in energy costs over three years.
- Terasen jointly owns a community energy system at Dockside Green, an
award-winning Victoria harbourfront development that will be North
America's first greenhouse gas neutral community.
"Integrated energy systems will help form the foundation on which
sustainable energy solutions can be built over the long term," said Stout. "As
communities demand more non-conventional, low-emission energy sources, Terasen
will continue to work with communities to plan, build, own and operate
reliable systems that meet these future energy needs and improve quality of
life for British Columbians."
Terasen Gas is mainly composed of the operations of Terasen Gas Inc. and
Terasen Gas (Vancouver Island) Inc., both indirect wholly owned subsidiaries
of Fortis Inc. Fortis Inc., the largest investor-owned distribution utility in
Canada, serves more than two million gas and electric customers and has total
assets approaching $12 billion. Its regulated holdings include Terasen Gas and
electric utilities in five Canadian provinces and three Caribbean countries.
Fortis Inc. owns non-regulated hydroelectric generation assets across Canada
and in Belize and upper New York State. It also owns hotels and commercial
real estate in Canada. Fortis Inc. shares are listed on the Toronto Stock
Exchange and trade under the symbol FTS. Additional information can be
accessed at www.fortisinc.com or www.sedar.com
For further information:
For further information: Media contact: Michael Chisholm, Corporate
Communications Manager, Phone: (604) 592-7801, E-mail: