Access to clean and affordable natural gas has proven beneficial for the residents of Red Lake, Ontario, a mining town located 500 km northwest of Thunder Bay. Previously, residents in the region had relied solely on fuel oil, hydro, wood or propane to heat their homes and businesses. Today, the game has changed.
The cost of filling up at the pump is a topic of conversation for just about every Ontarian driver. Rising gasoline prices can make drivers re-consider getting behind the wheel. But since that’s not really an option for many, it’s worth noting one solution that involves natural gas. Plentiful supplies of natural gas have made the fuel much more affordable–in fact, the most affordable it has been in 10 years. In light of this, some industries that are considering a switch away from traditional fuels, are finding great possibilities by looking to natural gas as an alternative. The transportation sector, for instance, stands to save between 30% and 50% in fuel costs by converting their fleets to run on natural gas. An added benefit is cleaner air: natural gas-powered vehicles produce up to 25% less greenhouse gas emissions vs. gasoline and diesel. And considering the sheer volume of transport trucks on the road, Ontario’s air stands to benefit a great deal.
With businesses saving money, and the potential to be gentler on our environment, the future seems bright for natural gas-powered transportation. Click the link below for an article in the National Post that explores the subject.
Did you know that more and more Ontario businesses are taking advantage of the benefits of Combined Heat and Power, or CHP? The process uses natural gas-fired turbines to generate electricity on-site, but also captures the waste heat generated, re-purposing it as thermal energy to heat interior spaces.
Stable natural gas prices, combined with rising electricity costs, have today put a spotlight on CHP as a way for businesses to generate their own electricity, and potentially even sell surplus energy back to the grid, creating revenue. Organizations such as Toronto’s York University and Sunnybrook Health Sciences Centre both stand firmly behind CHP as a way to depend less on the grid, increase resiliency, and save money in the process.
Today’s National Post features an informative article on CHP. See the link below for the full story.