CALGARY,
AB, Nov. 20, 2024 /CNW/ - ATCO EnPower, a
division of Canadian Utilities Limited (TSX: CU), and
Canadian Pacific Kansas City (TSX: CP) (NYSE: CP) (CPKC) today
said construction of hydrogen production and refuelling facilities
in Calgary and in Edmonton is now complete and the facilities
are fully operational.
As part of its innovative Hydrogen Locomotive Program, CPKC is
retrofitting a number of diesel locomotives with hydrogen fuel
cells so they can operate without directly generating
emissions.
"These fuelling facilities are an important part of advancing
the ongoing testing of our hydrogen locomotives and advancing the
development of our industry-leading program working toward a lower
carbon transportation future," said Kyle
Mulligan, CPKC Assistant Vice President, Operations
Technology.
ATCO EnPower provided engineering, procurement and construction
services for each of the dedicated, onsite hydrogen locomotive
refuelling stations, and has signed an agreement to operate these
facilities.
"We are proud to announce the completion of the two-hydrogen
production and refuelling stations for CPKC. This advancement marks
significant progress in utilizing hydrogen as a fuel source for
commercial transportation and reflects ATCO EnPower's commitment to
building a sustainable future by providing innovative energy
solutions for our customers," said Mark
Brown, Executive Vice President of Projects and Operations,
ATCO EnPower.
Each of the facilities includes a 1-megawatt (MW) electrolyzer,
compression, storage, and dispensing systems for locomotive
refuelling. In Calgary, the
electrolyzer is powered in part by renewable electricity from
CPKC's existing 5 MW solar power facility co-located at CPKC's
headquarters.
The two new facilities will serve as a model for future and
complementary projects across the country. By harnessing the power
of hydrogen, CPKC aims to create a cleaner, more efficient mode of
freight transportation that can serve as a model for the rail
industry with support from ATCO EnPower.
With operations in North America, ATCO EnPower is leading the
energy transition with inspired energy solutions, including
renewable energy, carbon capture and storage, hydrogen and
derivatives, and energy storage.
About CPKC
With its global headquarters in
Calgary, Alta., Canada, CPKC is the first and only single-line
transnational railway linking Canada, the United
States and México, with unrivaled access to major ports from
Vancouver to Atlantic Canada to the Gulf of México to
Lázaro Cárdenas, México. Stretching approximately 20,000 route
miles and employing 20,000 railroaders, CPKC provides North
American customers unparalleled rail service and network reach to
key markets across the continent. CPKC is growing with its
customers, offering a suite of freight transportation services,
logistics solutions and supply chain expertise. Visit
cpkcr.com to learn more about the rail advantages of CPKC.
CP-IR
About Canadian Utilities
Canadian Utilities Limited
(Canadian Utilities) and its subsidiary and affiliate companies
have approximately 9,000 employees and assets of $23 billion.
Canadian Utilities, an ATCO company, is a diversified global energy
infrastructure corporation delivering essential services and
innovative business solutions. ATCO Energy Systems delivers energy
for an evolving world through its electricity and natural gas
transmission and distribution, and international operations
segments. ATCO EnPower creates energy solutions in the areas of
renewables, energy storage, industrial water and alternative fuels.
ATCO Australia develops, builds, owns and operates energy and
infrastructure assets. More information can be found
at www.canadianutilities.com.
ATCO / Canadian Utilities Investor & Analyst
Inquiries
Colin Jackson
Senior Vice President, Financial Operations
Colin.Jackson@atco.com
403-808-2636
ATCO / Canadian Utilities Media Inquiries
Kurt Kadatz
Director, Corporate Communications
media@atco.com
587-228-4571
Forward-Looking Information Advisory
Certain statements contained in this news release constitute
forward-looking information. Forward-looking information is often,
but not always, identified by the use of words such as
"anticipate", "plan", "estimate", "expect", "may", "will",
"intend", "should", "goals", "targets", "strategy", "future", and
similar expressions. In particular, forward-looking information in
this news release includes, but is not limited to, references
to: ATCO EnPower's commitment to building a sustainable
future by providing innovative energy solutions for our customers,
including through the operation of these hydrogen production and
refuelling stations; the supply of hydrogen from the new
facilities; the new facilities serving as a model for future and
complementary projects; and ATCO EnPower's leadership in the energy
transition.
Although Canadian Utilities believes that the expectations
reflected in the forward-looking information are reasonable based
on the information available on the date such statements are made
and processes used to prepare the information, such statements are
not guarantees of future performance and no assurance can be given
that these expectations will prove to be correct. Forward-looking
information should not be unduly relied upon. By their nature,
these statements involve a variety of assumptions, known and
unknown risks and uncertainties, and other factors, which may cause
actual results, levels of activity, and achievements to differ
materially from those anticipated in such forward-looking
information. The forward-looking information reflects Canadian
Utilities' beliefs and assumptions with respect to, among other
things, the growth of energy demand; inflation; the development and
performance of technology and technological innovations; continuing
collaboration with industry participants, business partners,
regulatory bodies and environmental groups; the performance of
assets and equipment; and other assumptions inherent in
management's expectations in respect of the forward-looking
information identified herein.
Canadian Utilities' actual results could differ materially
from those anticipated in this forward-looking information as a
result of, among other things, risks inherent in the performance of
assets; capital efficiencies and cost savings; applicable laws,
regulations and government policies; regulatory decisions;
competitive factors in the industries in which Canadian Utilities
operates; prevailing market and economic conditions; credit risk;
interest rate fluctuations; the availability and cost of labour,
materials, services, and infrastructure; future demand for
resources; the development and execution of projects; prices of
electricity, natural gas, natural gas liquids, and renewable
energy; the development and performance of technology and new
energy efficient products, services, and programs including but not
limited to the use of zero-emission and renewable fuels, carbon
capture, and storage, electrification of equipment powered by
zero-emission energy sources and utilization and availability of
carbon offsets; risks related to the activities of other industry
participants, customers, counterparties and/or stakeholders; the
termination or breach of contracts by contract counterparties; the
occurrence of unexpected events such as fires, floods, extreme
weather conditions, explosions, blow-outs, equipment failures,
transportation incidents, and other accidents or similar events;
global pandemics; geopolitical tensions and wars; and other risk
factors, many of which are beyond the control of Canadian
Utilities. Due to the interdependencies and correlation of these
factors, the impact of any one material assumption or risk on a
forward-looking statement cannot be determined with certainty.
Readers are cautioned that the foregoing lists are not exhaustive.
For additional information about the principal risks that Canadian
Utilities faces, see "Business Risks and Risk Management" in
Canadian Utilities' Management's Discussion & Analysis for the
year ended December 31, 2023.
Any forward-looking information contained in this news
release represents Canadian Utilities' expectations as of the date
hereof, and is subject to change after such date. Canadian
Utilities disclaims any intention or obligation to update or revise
any forward-looking information whether as a result of new
information, future events or otherwise, except as required by
applicable securities legislation.
SOURCE ATCO Ltd.
