Power prices in Alberta headed toward volatile 2011
"Power prices are expected to continue to rise in Alberta in 2011 as the industry grapples with generation outages and stronger demand...Calgary's own utility Enmax Corp. jacked up its April regulated rate option by 60 percent last week." (The Calgary Herald, April 5, 2011)
"The reality is that if you're contemplating a big plant...you have ample opportunity to build co-generating facilities that let you produce your own low-cost, absolutely reliable sources of power."
Bob Saari Alberta Vice-President, Alliance of Manufacturers and Exporters of Canada as quoted in the Calgary Herald
pex Cogen is a privately-owned developer of co-generation power plants. Established in 1998, we offer a full range of development, consulting, and project management services in Canada and internationally for power generation, co-generation, and thermal energy production facilities.
Surging electricity prices "unwelcome news for anyone paying a utility bill"
"Wholesale electricity prices in Alberta...soared, more than doubling in January and February from the same period last year. Canaccord...expects demand growth for electricity to outstrip supply additions for the next four years. Spare generating capacity in the province...[is] at the lowest level in at least 14 years according to Canaccord." (The Globe and Mail, March 23, 2011)
"Province probes power blackout"
"Klein said he wants to know why nine electrical generators were all out of commission at the same time Sunday...'Don't construe this as me having some suspicions that there was any sort of collusion or anything,' Klein said." (Calgary Herald, Oct 28, 1998)
Co-generation, or combined heat and power ("CHP"), offers an attractive alternative to high utility prices, blackouts, and voltage fluctuations. Co-generation is a proven technology, with high reliability. Installing co-generation equipment can boost your profits, increase the reliability of your electrical supply, and greatly reduce emissions of carbon dioxide, nitrogen oxides, and sulphur dioxide.
As a developer, Apex Cogen typically takes full responsibility for implementing a co-generation power plant. Development usually begins in response to a need for energy savings and fuel efficiency at an industrial facility, such as a gas plant, chemical refinery, textile mill, brewery, pharmaceutical plant or other manufacturing or process facility, or at a public/commercial enterprise such as a hospital, office building, district heating scheme, or university.
From its conception, co-generation development then continues through stages of feasibility assessment, financial modeling, equipment selection, permitting, financial structuring, engineering, construction/installation, commissioning and operation.
Apex Cogen's experts guide each stage of the development process using a variety of proven techniques—and considerable innovation, honed over many years of practice in the energy industry.
Typical results? Cost savings that meet or exceed expectations. Low development expenses. Minimal engineering and construction costs. Real equipment bargains. Practical operating considerations that are built-in at the design stage. Fair contracts, expertly drafted. Co-operation and flexibility in plant operation. Reduced emissions. A financial structure that lenders understand, and outside investors will support. A corporate structure that optimizes the tax position of investors. And…big fuel savings.
Consulting and management. Apex Cogen offers consulting services for all aspects of the power generation and co-generation industry, both for its own projects, and those owned or developed by others. These services range from preliminary feasibility analysis to complete engineering and financing studies, due diligence investigation, and project management. Apex Cogen also offers specialty engineering consulting in high voltage design, digital control systems, equipment procurement, used equipment sourcing, inspection and overhaul, contract preparation and negotiation, turbomachinery inspection and analysis, and power engineering. Through partnerships and strategic alliances Apex Cogen can offer financing, equipment leasing, energy sales and management, and a broad range of ownership options and development services for energy projects.
Our clients. Apex Cogen's first clients included many of Canada's major oil and gas companies—energy companies that realized early on the specialty value and quality service offered by Apex Cogen's experts.
pex Cogen is a privately-owned developer of co-generation power plants. Established in 1998, we offer a full range of development, consulting, and project management services in Canada and internationally for power generation, co-generation, and thermal energy production facilities.