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Action Plan - FCM

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

On-going/<br />

Operational Costs:<br />

Changes to on-going operational costs would have to be evaluated when a distributed<br />

energy technology is identified.<br />

This initiative would likely require allocation of 5% of a full-time manger position<br />

over the program’s duration (at an approximate cost of $3000 per year). (Low)<br />

However, costing would have to be evaluated if an additional pilot is pursued.<br />

Pay-back: The operating costs for geothermal heat pumps and solar panels can be less than that of<br />

the price of electricity purchases that they displace. For example, ground source heat<br />

pumps use 25-50% less electricity than conventional heating or cooling systems.<br />

Furthermore, the Town would be eligible for GHG emission reduction credits (ERCs)<br />

as a result of this initiative. The details of emissions trading systems are currently<br />

being defined, however an ERC is currently valued at about $10 per tonne of GHG.<br />

GHG emission<br />

reduction potential:<br />

Low, until larger projects are implemented beyond the pilot phase.<br />

Other benefits: • Education of the community about the benefits of distributed energy systems.<br />

• Security of energy supply.<br />

• 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/ case<br />

studies:<br />

• Natural Resources Canada Renewable Energy Deployment Initiative (REDI)<br />

• A series of distributed energy case study profiles are available on Natural<br />

Resources Canada web site (see: www.retscreen.net/ang/12.php#chapter2)<br />

• The US Department of Energy has an Office focused on Distributed Energy<br />

Resources (DER) (see: www.eere.energy.gov/der/)<br />

• For information on Earth Energy Utility, see: www.eeutility.com<br />

The Sheltair Group Page<br />

Sept 2003<br />

72

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