Environment

Powering Our Future

Our impact on the environment is something we take seriously, think about daily, and have been working on to ensure a sustainable future since 2009. Today, we’re laying the groundwork to meet our goal of being net zero by 2045.

We believe in our industry’s power to promote environmental stewardship, and in our duty to undertake initiatives that ensure our efforts to power the planet now don’t come at a cost later. We work to reduce our impacts on the environment, improve our performance and cultivate a future for low-carbon power generation.

Responsible Generation

We’re on the path toward a cleaner energy future and are advancing low-carbon energy through investments in innovative technology and new, cleaner energy sources with the integration of natural gas and renewables.

To ensure our environment is taken care of and can be enjoyed for generations to come, we:

  • Are repowering our Genesee Generating Station to move off-coal in 2023, more than 6 years ahead of government mandate. Once completed, the facility will:
    • Utilize best-in-class natural gas combined cycle (NGCC) technology, positioning Genesee Units 1 and 2 to be the most efficient NGCC units in Canada,
    • Be carbon conversion capable, and
    • Achieve significant environmental benefits including CO2 emissions expected to be approx. 3.4 million tonnes per year lower than 2019 emission levels.
  • Create a culture of zero environmental incidents.
  • Research and invest in innovative solutions that will create a low-carbon energy future.
  • Work with respected experts to methodically prepare environmental evaluation reports, examining potential impacts to terrain and soils, vegetation communities/species and wetlands, wildlife and wildlife habitats, and groundwater. We take the findings in these reports seriously and make decisions in line with their recommendations.
  • Work to minimize our impacts and create long-term sustainability through conservation and sustainability initiatives, including:
    • Peregrine Falcon Monitoring Program: Our Genesee Generating Station is an active nesting site and has been part of the recovery and maintenance of Peregrine Falcon populations in Alberta since the early 1990s.
    • Land Reclamation and Reforestation: We’re proud to host researchers from the NAIT Boreal Research Institute at our Genesee Generating Station mine to test the efficacy of various reclamation strategies.

Our Sustainability Record

Capital Power is built on a foundation of honesty. We report on our actions and performance, and continue to evaluate and evolve our climate- and ESG-related reporting to clearly demonstrate our vision, purpose, strategy, and value creation. We are dedicated to transparency in our sustainability efforts and are proud to share an Integrated Annual Report and annual Climate Change Disclosure, as well as participate in CDP.

View our Reports

What's New

Media Releases
Capital Power named one of the World’s Most Ethical Companies® by Ethisphere for fifth straight year

Capital Power has been recognized by Ethisphere as one of the 2023 World’s Most Ethical Companies®. This recognition honours companies demonstrating business integrity through best-in-class ethics,...

Media Releases
Capital Power reports fourth quarter and year-end 2022 results
Excellent year highlighted by record cash flow generation and strategic advances in decarbonization

Capital Power (TSX: CPX) today released financial results for the quarter and year ended December 31, 2022.

Media Releases
Capital Power announces approval of normal course issuer bid for purchase of up to 5.8 million of its common shares

EDMONTON, Alberta – The Toronto Stock Exchange (TSX) has approved Capital Power (TSX: CPX) normal course issuer bid ("NCIB") to purchase and cancel up to 5,800,000 of its outstanding common shares ...