Title
Business Case Analysis - Renewable Natural Gas
Recommendation
That the Environmental Services Committee recommend to the Capital Regional District Board:
1) That staff proceed with the development of a Hartland RNG project plan, for approval and funding through the 2019 budget process, based on:
a) optimizing the sizing of the Hartland RNG project by considering the co-upgrading RNG from landfill gas, residual treatment facility biogas, and potential Hartland food waste anaerobic digestion biogas
b) initiating the procurement process for an appropriately sized RNG upgrading facility and associated infrastructure at Hartland landfill
c) a 25-year RNG purchase agreement, and associated FortisBC pipeline extension, that meets the BC Utilities Commission regulation rate of return requirements
d) funding the RNG project using available federal and provincial grants, ERM financial reserves, third party contributions and Municipal Finance Authority debt
e) working with CRD municipalities, in 2018, to confirm interest in participating in the RNG project by supplying feedstock materials, capital investment, and economic/ environmental dividend expectations
2) That staff continue to update the costs for the options to generate green energy.
(NWA)