Tidewater Renewables to supply RNG to FortisBC
Tidewater Renewables said October 17 its majority-owned subsidiary Rimrock Renewables had entered into a 20-year offtake agreement with FortisBC to provide the BC utility with up to 525,000 gj/year of renewable natural gas (RNG) from a new facility being developed in southern Alberta.
“On behalf of the entire team at Tidewater Renewables, I want to congratulate our partners at FortisBC for their leadership in climate action and look forward to working together to build a lower carbon future,” Tidewater Renewables CEO Joel MacLeod said. “The 20-year offtake agreement by FortisBC marks a significant milestone for the RNG facility and enhances the economic certainty of the project.”
The RNG will be supplied from a feedlot RNG facility under development near High River, south of Calgary, as part of a joint venture partnership announced earlier this year by Tidewater, Rimrock RNG and Rimrock Cattle Company. Pipeline quality RNG produced at the plant will have a negative carbon intensity, meaning that more CO2 is removed from the environment than is produced through the anaerobic digestion and gasification process.
The British Columbia Utilities Commission is expected to approve the offtake agreement in Q1 2023, with displacement deliveries to FortisBC through a southern Alberta gas distributor expected to begin in the first half of 2024.