ENMAX Corporation (ENMAX) and Capital Power Corporation (TSX: CPX) (Capital Power) are pleased to announce that the Shepard Energy Centre (Shepard) located in east Calgary is now fully operational and capable of generating over 800 megawatts (MW) of electricity to the Alberta grid. Fuelled by
natural gas, the facility is the largest of its kind in the province and an important step in Alberta's transition away from aging coal-fired generation facilities.
"We delivered Shepard as planned without a lost-time injury in the more than 4.3 million hours of work required to complete the project," said Gianna Manes, ENMAX President and CEO. "With this crucial infrastructure added to Alberta's electricity system, we will bring reliable electricity to Albertans for decades to come."
First announced by ENMAX in 2007, the project became a joint venture when Capital Power agreed to become a 50 per cent owner in late 2012.
"Congratulations and thanks to the team at ENMAX for their excellent work on completing Shepard on time and on budget with zero lost time incidents, which is a major accomplishment in the Alberta market," said Brian Vaasjo, President and CEO of Capital Power. "We look forward to continuing to work with ENMAX to deliver Genesee 4 & 5, Alberta's next large natural gas-fuelled generation facility near the end of the decade."
Powered by natural gas, Shepard features combined-cycle technology that has two combustion turbines to generate electricity plus makes use of waste heat through a steam turbine for further electricity production. This configuration makes the Shepard gas-fuelled facility approximately 30 per cent more efficient than conventional coal plants, all while reducing overall fuel costs. Additionally, it emits less than half the CO2 emissions per megawatt hour of a conventional coal plant, as well as fewer carbon monoxide, sulphur dioxide, and nitrogen dioxide gases. The facility's cooling towers also use 14 million litres of reclaimed water daily from The City of Calgary's Bonnybrook Wastewater Treatment Plant.
ENMAX Corporation, through its subsidiaries, generates, distributes, and sells electricity to residential, small business and large commercial customers and is headquartered in Calgary, Alberta, with offices in Edmonton. ENMAX Power Corporation owns and operates transmission and distribution infrastructure in Calgary and ENMAX Energy Corporation owns diverse electricity generation facilities throughout the province. Since 2007, ENMAX has been named one of Alberta's Top Employers. ENMAX Energy is currently the retailer of choice for both The City of Calgary and The City of Edmonton.
(TSX: CPX) is a growth-oriented North American power producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes power generation from a variety of energy sources. Capital Power owns more than 3,100 megawatts of power generation capacity at 16 facilities across North America and owns 371 megawatts of capacity through a power purchase agreement. An additional 90 megawatts of owned wind generation capacity is under construction in Ontario.
Media Relations ManagerCapital Power Corporation780-392-5222 (media line)MSheehan@capitalpower.com
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