The Alberta Government has released a new $80 million initiative for energy efficiency projects, where up to 75% of project costs can be funded.
The intent of the program is to reduce emissions, increase competitiveness, and improve energy efficiency through technology and equipment upgrades. This is an excellent opportunity for cogeneration or variable frequency drives.
Cogeneration, also known as combined heat & power, CHP, or simply cogen, is the utilization of two energy sources from one fuel source
T&T Power Group builds CHP systems that can use natural gas, propane, or even field-grade wellhead gas to generate electricity, while the heat is captured and utilized on-site. For example, the heat could be used to pre-heat water for a boiler or even to provide cooling through an absorption chiller. Total energy efficiency in a CHP system can reach 90%, while conventional utility grid efficiencies are ~37%, therefore your greenhouse gas (GHG) footprint can be reduced significantly, by as much as 50%! T&T Power is the Siemens gas engine distributor in Canada and can match electrical and thermal output to site needs and maximize energy efficiency.
Variable Frequency Drives (VFDs) are controllers that match the power supply for electric motors to the actual energy requirement of the equipment, thus saving energy
They do this by varying the voltage and frequency of the power supply, and savings of 40% energy use are common. VFDs not only save energy by improving system efficiency, they also save on capital expenses by reducing mechanical stresses on equipment from starts & stops and by reducing the size of the electric motor required. T&T Power Group is a Danfoss solutions partner, the global market leader in VFDS, and can help you assess your facility operation.
Funding is available for facilities that are regulated by the AB TIER Regulation, and those facilities that opt-in to it
These are facilities that emit 100kt or more of GHGs per year, also known as ‘Specified Gas Emitters’, a name coined under a previous version of the legislation. Certain facilities can choose to opt-in to TIER regulation and thus not be subject to federal carbon taxes on fuel consumption, provided they can show that they would otherwise be put at a competitive disadvantage.
Projects will be evaluated against five criteria:
- Meets the program alignment and application requirements;
- Reduces GHG emissions intensity;
- Benefits industry competitiveness;
- Benefits job creation, environmental and social governance outcomes, and economic resilience; and
- Represents project strength demonstrated by short timelines for implementation and job creation, and the use of additional funding sources or internal capital.
Hurry, as applications for this fund close October 30th!
Contact your T&T Power Group representative for an energy efficiency estimate.