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Action Plan - FCM

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Town of Banff Local <strong>Action</strong> <strong>Plan</strong><br />

Development Tasks would likely require allocation of 20% of a full-time manager position for two<br />

Costs:<br />

month period (at an approximate cost of $2000) (Low).<br />

On-going/ In the short term, any purchases of green power would be approximately twice the price<br />

Operational of non-green power. The price premium will decrease as the demand and production of<br />

Costs:<br />

green power increases. (High)<br />

A negligible investment of staff time would be required for ongoing reporting of costs<br />

and benefits. (Low)<br />

Pay-back: The Town would be eligible for GHG emission reduction credits (ERCs) as a result of<br />

this initiative. The details of emissions trading systems are currently being defined,<br />

however an ERC is currently valued at about $10 per tonne of GHG. Thus by 2006, the<br />

Town would be eligible for nearly $6000 in credits by converting 10% of its electricity<br />

purchases to green power. If green power premiums are still at current levels by 2006,<br />

the additional costs of purchasing this green power would be about $18,000.<br />

GHG emission High: By 2006, green power purchases would result in an annual reduction of nearly 570<br />

reduction tonnes of GHG emissions from municipal operations and by 640 tonnes in 2010.<br />

potential:<br />

Other Benefits: • The Town's contribution to air quality concerns relating to fossil fuel based<br />

electricity will be reduced.<br />

• The Town will support development of renewable power business in Alberta.<br />

Funding<br />

Opportunities:<br />

Further<br />

Information/<br />

Case Studies:<br />

There are no direct funding opportunities. Indirectly, though, the energy service provider<br />

can obtain funding from various government programs in the development of green<br />

power sources, which would then be reflected in lower green power premiums.<br />

In addition, energy retrofits and energy savings conducted in municipal operations should<br />

offset increased electricity costs from purchasing the green power. Therefore the total<br />

municipal energy bills for electricity should not be significantly higher than they are now.<br />

• A detailed list of renewable power projects in Alberta is available at:<br />

www.climatechangecentral.com/alternative_energy/alt_alberta_actions.html<br />

• The Alberta offices of Environment Canada and Natural Resources Canada became the<br />

first institutional purchasers of 100% green electricity in Canada in 1997. (see:<br />

www.foecanada.org/greenenergy/ge_buyersguide_chap2.htm)<br />

• In 2001 the City of Calgary launched Ride the Wind! And Calgary’s C-Train became the<br />

first wind-powered public transit system in North America. (see:<br />

www.calgarytransit.com/environment/environment.html)<br />

• In 2002, Fairmont Chateau Lake Louise began to purchase enough EcoLogo certified<br />

green power to supply 40% of the hotel’s power requirements. (see: www.ewirenews.com/index.cfm?temp=archivedetail&D=0502<br />

(May 2, 2002))<br />

• The City of Aspen, Town of Vail, and Snowmass Village in Colorado all purchase a<br />

portion of their electricity from green energy. For example, 5% the Town of Vail's energy<br />

purchases are wind power. (see: web.vail.net/peep/news.cfm?id=18#article)<br />

• For further information, see the Friends of the Environment (Canada) website, which<br />

includes a Green Electricity Buyer’s Guide at<br />

www.foecanada.org/greenenergy/ge_buyersguide_home.htm<br />

The Sheltair Group Page<br />

Sept 2003<br />

64

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