The project’s wastewater will collect and pass through the SHARC system, allowing for the reuse of thermal energy that would otherwise be lost to the sewer lines. By using wastewater as an energy source, the project will significantly improve the energy efficiency and reduce the carbon emissions of the community for its lifetime.
Situated on the western edge of the
“We are proud to be putting in a truly groundbreaking carbon neutral district energy system in some of the most pristine environment in the world," says
“Musqueam Capital Corporation is pleased to partner with SHARC to construct a sewage heat recovery plant to provide sustainable energy to 1,200 residential units planned at lelǝḿ development. Employment of this type of technology is consistent with Musqueam’s cultural values founded on stewardship of the natural world,” says
The development is consistent with the recommendations of the United Nations Environment Programme (UNEP) which has identified low carbon district energy systems as a best practice to addressing the global climate challenge. The report states a transition to such systems, combined with energy efficiency measures, could contribute as much as 58 per cent of the carbon dioxide (CO2) emission reductions required in the energy sector by 2050 to keep global temperature rise to within 2-3 degrees Celsius.
District energy systems utilizing wastewater energy like the leləm̓ project will benefit from significant carbon savings, energy efficiency and freshwater savings compared to current standards. As witnessed by the recent heat waves in
The system is anticipated to be delivered and installed in Q1 2022.
About SHARC Energy
SHARC Energy is publicly traded in
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ON BEHALF OF THE BOARD
Chairman and Chief Executive Officer
For investor inquiries, please contact:
Hanspaul Pannu
Chief Financial Officer
SHARC Energy
Telephone: (604) 475-7710 ext. 4
Email: hanspaul.pannu@sharcenergy.com
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SHARC Energy
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Email: mike.tanyi@sharcenergy.com
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Source: SHARC Energy
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