A B.C. Utilities Commission (BCUC) tribunal has given approval to Creative Energy Senakw LP (CESLP) for a thermal energy system to heat and cool the first two phases of towers on Squamish Nation land beside the Burrard Bridge.
“The panel finds a need for low carbon heating and cooling for the Senakw development,” said the decision. “Further, of the low carbon technologies that CESLP evaluated including biomass and ocean heat recovery, the panel agrees with CESLP’s conclusion that sewer heat recovery is the most reasonable alternative to meet the developer’s requirement for a low carbon energy system.”
“The panel finds that the Senakw [district energy system] is properly sized to meet forecast demand, and that it includes a justifiable level of redundancy for heating. In addition, the panel finds that CESLP has appropriately identified key risks and adequately addressed them, in particular the risks associated with construction costs and fuel availability,” said the decision.
CESLP’s design engineer, Stantec, retained consultant BTY Group to estimate the cost of project construction at $26.4 million in 2022 dollars or $30.026 million when the project is fully in operation and servicing phases one and two.