B.C. plants to produce 10 MW of clean energy and offset 25,000 tonnes of
CALGARY, Sept. 2 /CNW/ - Pristine Power Inc. and ENMAX Green Power Inc.
today announced that commercial operations have started at their jointly owned
Enpower 5 MW Energy Recovery Generation (ERG) project in British Columbia
under the terms of a 20-year electricity purchase agreement with BC Hydro.
The plant, located in Savona, about 45 km west of Kamloops, generates
electricity from the waste heat created by existing gas compressors on Spectra
Energy's main natural gas pipeline. The ERG process captures waste heat and
converts it to pressured vapour to drive a vapour turbine generator. ERG uses
proven technologies and similar systems are used on other pipeline compressors
and in geothermal applications around the world. The Savona project is one of
two Enpower ERG 5 MW projects in the province. The other 5 MW project, located
on the same pipeline at 150 Mile House, 270 km north of Kamloops, is expected
to begin operating later this month.
Together the two projects will produce 10 MW of clean electricity, enough
to power approximately 10,000 homes a year. They will also offset greenhouse
gas emissions by approximately 25,000 tonnes a year, equivalent to removing
9,000 cars from our roads.
"The Savona Enpower ERG project represents the first megawatt generated
by Pristine and Enpower for commercial sale, and demonstrates our ability to
deliver projects on time and on budget," said Pristine Power's President and
Chief Executive Officer, Jeffry Myers, on behalf of the Enpower Partnership.
"Energy Recovery Generation is a key component of Pristine's clean power
development portfolio, enabling the generation of electricity without
greenhouse gas emissions. We are actively developing new ERG projects in B.C.
and across Canada."
Savona is the first project to achieve commercial operation under BC
Hydro's 2006 Open Call for Power. "The Savona ERG project will deliver clean,
renewable energy to BC Hydro and is another milestone for British Columbia on
the path towards energy self sufficiency," said Myers.
"This is the type of innovative technology that IPPs and industry bring
to the table, along with investment in B.C.'s economy," said Richard Neufeld,
British Columbia's Minister of Energy Mines and Petroleum Resources.
"Developing made in B.C. solutions like this demonstrates our commitment to
alternative energy sources, helps us achieve our aggressive greenhouse gas
reduction targets and builds on British Columbia's legacy of clean, green
"These two projects align with our position as a leader in climate change
investments and the use of innovative technologies to reduce greenhouse
gases," said Don Cameron, Vice President, Project Execution, Spectra Energy
Transmission West. "We are keenly focused on providing more efficient and
effective ways to operate our facilities and serve our customers and these
projects fit well with these objectives."
The Savona and 150 Mile House projects are owned by Enpower Green Energy
Generation L.P., a partnership jointly owned by Pristine and ENMAX Green Power
Inc., a wholly owned subsidiary of ENMAX Corporation. Project development and
execution is the responsibility of Pristine Power. The total cost of the two
projects is expected to be approximately $31.5 million, on track with initial
Cautionary Statement Regarding Forward Looking Information
Certain statements in this news release, including the company's ability
to successfully proceed with ERG projects, may constitute "forward-looking
information" or "forward-looking statements" which involve known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company or industry results to be
materially different from any future results, performance or achievements
expressed or implied by such forward-looking information. When used in this
news release, such information uses such words as "estimates", "expects",
"plans", "anticipates" and other similar terminology. This information
reflects the Company's current expectations regarding future events and
construction performance and speaks only as of the date of this news release.
Forward-looking information involves significant risks and uncertainties,
should not be read as a guarantee of future performance or results, and will
not necessarily be an accurate indication of whether or not such results will
be achieved. A number of factors could cause actual results to differ
materially from the results discussed in the forward-looking information.
Although the forward-looking information in this news release is based upon
what management of the Company believes are reasonable assumptions, the
Company cannot assure investors that actual results will be consistent with
this forward-looking information. This forward-looking information is provided
as of the date of this news release, and, subject to applicable securities
laws, the Company assumes no obligation to update or revise such information
to reflect new events or circumstances.
Pristine (TSX: PPX) is in the business of developing, owning and
operating independent power plants that produce and sell electricity and in
some cases, sell process steam to industrial users. Pristine capitalizes on
opportunities in the independent power market by actively pursuing the
development of dependable, cost-effective and environmentally responsible
power generation facilities utilizing technology with proven past performance.
Pristine pursues a mix of large gas-fired and bioenergy generation and
hydroelectric projects and smaller replicable waste heat recovery ERG and
bioenergy projects. Pristine currently has one project in operation, two under
construction, and one under contract and in advanced development. Pristine is
developing projects in Ontario, British Columbia and Alberta. Visit
www.pristinepower.ca for more information.
Spectra Energy Corp (NYSE: SE), a FORTUNE 500 company, is one of North
America's premier natural gas infrastructure companies serving three key links
in the natural gas value chain: gathering and processing, transmission and
storage, and distribution. For nearly a century, Spectra Energy and its
predecessor companies have developed critically important pipelines and
related infrastructure connecting natural gas supply sources to premium
markets. Based in Houston, Texas, the company operates in the United States
and Canada approximately 18,000 miles of transmission pipeline, 265 billion
cubic feet of storage, natural gas gathering and processing, natural gas
liquids operations and local distribution assets. Spectra Energy Corp also has
a 50 percent ownership in DCP Midstream, the largest natural gas gatherer and
processor in the United States. Visit www.spectraenergy.com for more
For further information:
For further information: on this ERG project or Pristine, please contact
either: Geoffrey D. Krause, Chief Financial Officer, Pristine Power,
Telephone: (403) 444-6405; Erin Hochstein, NATIONAL Public Relations,
Telephone: (604) 638-7452