Resource World Magazine

f e b r u a r y / m a r c h 2 0 1 6 www.resourceworld.com 67 laws governing ship emissions follow- ing the decision by the US government to impose a strict 230-mile buffer zone along the US coast; a move that was followed by Canada. According to Corvus, a Corvus ESS can form an important part of a vessel's Sarbanes-Oxley Act compliance strategy, either supporting the lower performance of natural gas-fueled engines or support- ing traditional power plants by reducing exhaust scrubber system requirements. "Vessels and equipment hybridized or fully electrified with the Corvus ESS, consume less fuel, operate more efficiently and effectively, and emit substantially less greenhouse gases. Offshore supply ves- sels like the Viking Lady OSV and Edda Ferd PSV that employ the Corvus ESS are field-tested and proven to meet and exceed performance and safety expecta- tions. These vessels run at peak efficiency for longer periods of time, saving fuel and maintenance costs and dramatically reduc- ing emissions," says Andrew Morden, President and CEO of Corvus Energy. In 2015, Corvus Energy was awarded: • Electric & Hybrid Marine Awards 2015 Supplier of the Year • BC Export Awards: Exporter of the Year (Overall Winner) •BC Export Awards: Sustainability • Deloitte Technology Fast 50 Canada (#2 Ranked) • Deloitte Technology 500 North America (#3 Ranked) • Ship Efficiency Awards 2015 (Finalist) statoil [STO-NYSE], an international energy company based in Stavanger, Norway, through its investment branch Statoil Technology Invest, has recently invested in Corvus, becoming one of its largest shareholders. Statoil's influence is expected to spur interest in the hybrid technology for offshore oil and gas activi- ties (vessels and equipment) making their operations greener. comPressed natural gas fuels motor vehIcles chelsea cNG, with head offices in Port Coquitlam, British Columbia, develops and operates compressed natural gas fueling stations throughout Canada with a focus on fleet vehicles in the transportation and delivery sectors. At the Port Coquitlam location, the company modifies motor vehicles such as cars and trucks, from pas- senger-size vehicles through to the Class 8 size vehicles, to enable them to use com- pressed natural gas in conjunction with gasoline or diesel as fuel. Chelsea CNG works with clients to define a long-term fleet vehicle fuel plan that incorporates natural gas. These plans allow clients, within two to five months, to operate their fleet with significantly lower fuel costs while being compliant to Canadian 2020 emission standards, with none to minimal disruption to engine performance. According to company literature, by using compressed natural gas, vehicle fleet gasoline fuel bills can be reduced by 40% to 50%. Gasoline costs over the past year have ranged from CDN $0.90/L to $1.50/L. Gasoline prices are expected to increase to $2.15/L in Canada over the next five years. The Canadian government recently adopted a new mandate to reduce green- house gas emissions by 17% to match 2005 levels by 2020. One industry targeted by the Canadian government is the transpor- tation sector, which accounts for 27% of Canada's greenhouse gas emissions. Fuel is one of Canadian fleet owners' highest operational costs, ranging from 25% to 35% of total costs. According to Chelsea CNG, most commercially viable, cost effec- tive and low carbon alternative fuel is compressed natural gas. The client commits to purchasing the equivalent amount of natural gas that they bought the previous year, but Chelsea CNG sells them the natural gas at a price per litre that is roughly half of what they pay now. Each Chelsea CNG customer enters into a long-term fuel purchase agreement ranging from three years to seven years, depending on the conversion packages they choose, the number of vehicles, and the daily mileage their vehicles travel. This offer provides customers long-term pricing stability, something gasoline and diesel sales in Canada do not offer at this time. Stations will be strategically located along high-volume fleet corridors, mainly in Southern Ontario, British Columbia's Lower Mainland, and the Calgary to Edmonton corridor. Integrated wInd Power Installed In Quebec senvion canada has installed more than 1GW of wind power in Québec in the last five years following the commissioning of Canada's Mont-Rothery wind farm located on the public lands of Haute-Gaspésie and Côte-de-Gaspé. The company has installed over 500 turbines in the province, representing nearly one-third of Québec's installed capacity and about 10% of the total turbine installations across Canada. Senvion North America CEO, Helmut Herold, said, "This is an incredible milestone for Senvion and for the wind industry at large. Québec is paving the way in integrating and developing wind and renewables across the province, and Senvion is playing an integral role in the development of a cleaner and more diver- sified energy future. This achievement is a celebration not just for Senvion but for our clients, partners and, of course, the com- munities and households who benefit from clean, renewable energy and economic profit through the local sustainable supply chain created for these projects." n

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