GTH subsidiary Varme Energy Signs 15-year Waste Agreement with City of Edmonton
Varme Energy Inc., a subsidiary of GTH, has signed a waste agreement with the City of Edmonton.
Scheduled to start by 2027, the initiative aims to divert 150,000 tonnes of residential waste from landfills each year. The project will see the construction of an advanced waste-to-energy facility in Edmonton, focused on sustainable waste management, energy generation and CCS.
This facility, the first of its kind in Canada, will integrate industrial-scale waste-to-energy processing with carbon capture technology.
Andreas Karlsen, CEO of Varme Energy, highlighted the project's environmental and operational goals: “This agreement is an important step for in developing waste-to-energy facility, which will divert about 5 million tonnes of waste from landfills and capture 4.5 million tonnes of CO2 over its lifetime, approximately 190,000 tonnes of CO2 per year.”
The initiative is expected to create around 250 to 300 jobs during its construction and operational stages, showcasing the potential of public-private partnerships in environmental innovation.
Varme Energy is exploring further opportunities in Canada and anticipates making more announcements about this and other waste-to-energy projects soon.
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