
Fraser Valley biogas facility in British Columbia. (Source: EverGen Infrastructure)
Canadian utility company FortisBC has signed a 20-year offtake agreement for renewable natural gas (RNG) from the Fraser Valley Biogas facility in British Columbia, RNG developer EverGen Infrastructure said June 24.
FortisBC plans to inject the RNG into its natural gas system. The deal involves the purchase of up to 160,000 gigajoules of RNG annually, according to a news release. Fraser Valley Biogas uses anaerobic digestion and biogas upgrading to produce RNG.
“We are pleased to continue our relationship with EverGen and Fraser Valley Biogas, one of our very first RNG suppliers,” said David Bennett, director of renewable gas and low carbon fuels at FortisBC. “By continuing to increase our RNG supply, we are helping to reduce greenhouse gas emissions and supporting our vision to have around 75 percent of the gas in our system be renewable and low-carbon by 2050.”
EverGen also said it secured a long-term feedstock supply agreement with a waste disposal consolidator in the region, further derisking the project. The feedstock represents greater than 50% of the off-farm waste required to achieve name plate capacity, the company said.
Recommended Reading
What's Affecting Oil Prices This Week? (Feb. 24, 2025)
2025-02-24 - Net long positions of WTI have decreased by 59% since Jan. 21 and are 61% below the level seen on July 16, 2024, when the price of WTI was $80.76.
What's Affecting Oil Prices This Week? (March 3, 2025)
2025-03-03 - For the upcoming week, Stratas Advisors expects oil prices to continue bouncing around but overall trend upward.
What's Affecting Oil Prices This Week? (Feb. 18, 2025)
2025-02-18 - The price of Brent crude oil did reach $77 on Feb. 18 before falling back with news that members of the Trump Administration were holding talks with their Russian counterparts.
Dallas Fed: Trump Can Cut Red Tape, but Raising Prices Trickier
2025-01-02 - U.S. oil and gas executives expect fewer regulatory headaches under Trump but some see oil prices sliding, according to the fourth-quarter Dallas Fed Energy Survey.
Australia's Woodside in Talks with at Least Three Partners for Louisiana LNG, Sources Say
2025-02-18 - Woodside Energy has held talks with several potential buyers of stakes in its Louisiana LNG plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.