PNG to offer customers low emissions energy
option
VANCOUVER, BC, Nov. 10, 2021 /CNW/ - Pacific Northern Gas Ltd.
(PNG) and ATCO Future Fuel RNG Limited Partnership (ATCO Future
Fuel) today announced an agreement for the sale and purchase of
Renewable Natural Gas (RNG) from ATCO Future Fuel's new biomethane
facility in Two Hills County, Alberta. The Renewable Natural Gas will be
delivered to PNG through existing natural gas pipelines and allows
PNG to offer its customers a cleaner energy alternative.
"Our goal is to shrink our environmental footprint while
continuing to deliver safe, reliable energy," said Leigh Ann
Shoji-Lee, President, Pacific Northern Gas. "Our new,
renewable energy option is part of our commitment to operating
sustainably for the benefit of the environment and the communities
where our customers and employees live and work."
RNG is a low carbon, pipeline-quality gas that is fully
interchangeable with conventional natural gas. RNG is produced by
capturing and upgrading biogas generated by decomposing organic
waste by-products from farming and forestry, landfills and
wastewater treatment plants.
"ATCO Future Fuel RNG is proud to partner with Pacific Northern
Gas for the sale of renewable natural gas from our new RNG
operation," said Bob Jones,
Director, ATCO Future Fuel RNG, and President, ATCO Energy
Solutions. "This plant is an investment in energy transition and
reinforces our commitment to deliver sustainable energy
projects—here in Alberta and globally—in an effort to
decarbonize the way we live and work, in support of a safe,
reliable, affordable and cleaner energy future."
Under the agreement, ATCO Future Fuel will begin delivering RNG
to PNG in late 2022 and quickly ramp up production volumes to
230,000 gigajoules per year—enough for space and water heating
needs of about 2,300 homes in northern B.C. The project will lead
to the avoidance of up to 20,000 tonnes of carbon dioxide
equivalent emissions per year.
Emissions Reduction Alberta (ERA) has committed $7.9M to the ATCO Future Fuel project through its
Natural Gas Challenge. This investment comes from the Government of
Alberta and is sourced from the
Technology Innovation and Emissions Reduction (TIER) fund.
ATCO Future Fuel RNG is a joint venture between ATCO Energy
Solutions, a member of the ATCO Group, held by Canadian Utilities
Limited, and Future Fuel Ltd., a leader in biofuels and
agricultural biomass. The construction and operation of the
facility will be managed by ATCO Energy Solutions. This is the
first RNG project for both ATCO and Future Fuel.
PNG will undergo a regulatory process prior to providing RNG to
customers. Information will be available throughout this period. To
learn more, visit www.png.ca/smartenergysolutions.
Media
Contacts
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pngmedia@png.ca
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Kurt
Kadatz
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ATCO Group
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587-228-4571 |
kurt.kadatz@atco.com
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About Pacific Northern Gas Ltd.
PNG provides reliable
gas service to approximately 42,000 residential, commercial and
industrial customers in more than 16 communities across northern
B.C. In operation since 1968, PNG owns and operates a transmission
and distribution system in west-central B.C. and a distribution
system and processing plant in the province's northeast. PNG is a
wholly-owned subsidiary of TriSummit Utilities Inc.
About ATCO
With approximately 6,200 employees
and assets of $22 billion, ATCO is a diversified global
corporation with investments in the essential services of
Structures & Logistics (workforce and residential housing,
innovative modular facilities, construction, site support services,
workforce lodging services, facility operations and maintenance,
defence operations services, and disaster and emergency management
services); Utilities (electricity and natural gas transmission and
distribution, and international electricity operations); Energy
Infrastructure (electricity generation, energy storage and
industrial water solutions); Retail Energy (electricity and natural
gas retail sales); Transportation (ports and transportation
logistics); and Commercial Real Estate. More information can be
found at www.atco.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of applicable Canadian securities laws ("forward-looking
statements"). Words such as "may", "can", "would", "could",
"should", "will", "intend", "plan", "anticipate", "believe",
"expect", "project", "target", "potential", "objective",
"continue", "outlook", "opportunity" and similar expressions
suggesting future events or future performance are intended to
identify forward-looking statements. In particular, this news
release contains forward-looking statements with respect to, among
other things, the expected timing and volume of RNG production; the
availability of existing pipeline transportation capacity; the
timing of the commencement of delivery of RNG to PNG by ATCO Future
Fuel; the anticipated environmental benefits, including the
avoidance of emissions; continued safe and reliable operations; and
the regulatory approvals required for PNG to offer RNG to
customers.
These forward-looking statements are not guarantees of
performance and are subject to certain risks and uncertainties
which could cause results or events to differ from current
expectations, including, without limitation: the risk of unforeseen
events preventing the performance of the agreement between ATCO
Future Fuel and PNG or the construction and operation of the
facility as planned; the risks of further disruptions from the
COVID-19 pandemic; that the facility may not be completed on a
timely basis; that the timing and volume of RNG deliveries may vary
from those planned; the potential lack of transportation capacity
on existing pipelines; potential changes in laws and regulations;
the failure to obtain necessary regulatory approvals in a timely
manner, or at all; the failure to realize the anticipated
environmental benefits; and adverse business and economic
conditions. PNG and ATCO Future Fuel believe the material factors,
expectations and assumptions reflected in these forward-looking
statements are reasonable at this time, but no assurance can be
given that these factors, expectations and assumptions will prove
to be correct.
These risk factors should not be construed as exhaustive. Many
factors could cause PNG's and ATCO Future Fuel's actual results,
performance or achievements to vary from those described in this
news release, including, without limitation, those listed above and
the assumptions upon which they are based proving incorrect. Should
one or more of these risks or uncertainties materialize, or should
assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described in this
news release as intended, expected, projected or targeted and such
forward-looking statements included in this news release should not
be unduly relied upon. PNG and ATCO Future Fuel do not intend, and
do not assume any obligation, to update these forward-looking
statements except as required by law. The forward-looking
statements contained in this news release are expressly qualified
by these cautionary statements.
SOURCE ATCO Ltd.