Reducing Emissions and Improving Thermal Generation Efficiency
As part of our pathway to be net zero by 2045, 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.
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 completes acquisition of the 1,092-MW Harquahala natural gas generation facility in Arizona
Capital Power is pleased to announce the closing today of the acquisition by a 50/50 partnership between Capital Power Investments, LLC and an affiliate of a fund managed by BlackRock’s Diversified...
Capital Power completes acquisition of the La Paloma facility, anticipates closing the Harquahala facility acquisition mid-February and exchanges subscription receipts into common shares
Capital Power is pleased to announce the closing today of the acquisition of 100% of the equity interests in CXA La Paloma, LLC (“La Paloma”), owner of the 1,062 MW La Paloma natural gas-fired gene...
Capital Power to release fourth quarter 2023 results and 2023 Integrated Annual Report on February 28
Capital Power will release its fourth quarter and year-end 2023 results and 2023 Integrated Annual Report (IAR) before the markets open on February 28, 2024.