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 announces a 6-year tolling agreement extension for Arlington Valley
Extension to yield materially higher adjusted funds from operations over extended term
Capital Power announced today the execution of a 6-year tolling agreement extension through October 2031 for its Arlington Valley (Arlington) facility with the current counterparty. Arlington is a ...
Capital Power highlights strong cash flows and dividend growth guidance to 2025 at Investor Day
Announces acquisition of a portfolio of renewable development sites, construction plans for phase 2 of Halkirk Wind and decarbonization
At its 13th annual Investor Day event being held virtually today, Capital Power Corporation will review its financial outlook and highlight progress on its decarbonization plans, including acquisit...
Capital Power and Enbridge Collaborate to Reduce CO2 Emissions in Alberta
Open access carbon hub in Wabamun area of central Alberta would support Capital Power and other local companies
Capital Power and Enbridge Inc. are pleased to announce a memorandum of understanding to collaborate on carbon capture and storage (CCS) solutions in the Wabamun area west of Edmonton, Alberta, ne...