Reducing Emissions and Improving Thermal Generation Efficiency
As part of our pathway to be net carbon neutral by 2050, we’re working to optimize our thermal assets to improve efficiency and environmental performance. We invest our time and expertise to ensure all our facilities achieve operational excellence and reliably support our communities, businesses and critical services with responsible power. Some examples of our initiatives include:
At our Genesee Generating Station in Alberta, we’ve implemented our industry-leading Genesee Performance Standard (GPS), an efficiency improvement program to reduce carbon emissions. The program targets a 12% reduction in emissions by 2023 in the lead up to our facility-wide transition off coal that year – nearly 6 years ahead of government mandate.
At our Decatur Energy Center in Alabama, we’ve upgraded the facility’s three combustion turbines to increase capacity, improve heat rate and fuel efficiency, and maintain reliability. The upgrades resulted in 90 MW of additional capacity for the facility and are also expected to improve environmental performance through reduced emissions. These upgrades contributed to a 10-year extension to our existing contract for the site through 2032.
Capital Power to release third quarter 2021 financial results and hold analyst conference call on October 27
Capital Power will release its third quarter 2021 results before the markets open on October 27, 2021. Management will host a conference call with analysts on the same day at 9:00 a.m. MDT (11:00 a...
Capital Power announces long-term renewable power purchase agreement with Dow
Agreement for Whitla Wind capacity demonstrates how cross-industry collaboration contributes to a sustainable future
Capital Power announced today a 15-year renewable power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow (NYSE: DOW), for 25 megawatts (MW) of capacity and the associated enviro...
Capital Power announces a 6.8% dividend increase for its common shares and declares dividends for its Preference shares
The Board of Directors for Capital Power declared a dividend of $0.5475 per share on the outstanding common shares for the quarter ending September 30, 2021. The dividend is payable on October 29, ...