Press Release
Summary
Creative Energy is proposing a bold new plan with the help of BC Hydro to bring low-carbon energy to its existing and future customers in downtown Vancouver.
Many Vancouverites living downtown may not be aware that their heating comes from a plant at 720 Beatty Street, at the corner of Georgia Street. At this site, Creative Energy currently burns natural gas to produce steam that heats over 200 buildings across more than 45 million square feet of connected real estate in downtown Vancouver and Northeast False Creek. The energy system provides heat and hot water to St. Paul’s Hospital, BC Place Stadium, Rogers Arena, the Vancouver Central Library, the Vancouver Convention Centre, and over 100 residential buildings.
This is about to change. Powered by clean, renewable electricity from BC Hydro, the Creative Energy Decarbonization Project will add new electrode steam boilers to Creative Energy’s existing natural gas-powered steam plant. Once in place, Creative Energy’s system would have enough capacity to serve approximately 12 million square feet of new development, enough to serve over 10 years of growth in low-carbon buildings in downtown, the West End, North East False Creek, and False Creek Flats.
“The climate crisis requires all of us to look at how we operate and find creative solutions to address emissions,” said Krishnan Iyer, President and CEO of Creative Energy. “Our collaboration with BC Hydro to decarbonize our energy system will not only help environmentally conscious developers and customers achieve their sustainability goals, but also contribute to a longer-term goal of decarbonizing downtown Vancouver by avoiding 38,000 tonnes of greenhouses gases from Creative Energy’s system each year.”
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