Sharc Energy, a Vancouver-based leader in energy recovery from wastewater, has secured a deal to install its technology to the Colorado’s National Western Center, North America’s largest District Energy System.
This center is being built in Denver as an innovation hub to pioneer food and agricultural research. The deal contemplates the installation of Sharc’s tech to recover heat from the Center’s wastewater.
Recovery will dramatically reduce the center’s fossil fuel combustion, thus, reducing greenhouse gas emissions, and will enable water save, as the wastewater would go to the drain every day if not treated with Sharc’s technology.
Sharc will provide two heat recovery systems that the Center will install at its 3,8 megawatts energy system; the first phase of development is expected to recover thermal energy of at least 3000 gallons of water. This would create a low-carbon campus, sustainable and regenerative, according to Sharc’s statement.
Denver’s National Western Center has already received attention for its innovate solutions in GHG emissions reduction, which are aligned with Denver’s Climate Action Plan. According to the Denver Post, the Center will “prevent 2,600 metric tons of carbon dioxide from being emitted into the atmosphere each year; it will achieve this by circumventing the need to burn fossil fuels.”
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Solutions by Sharc with growing market size
Sharc’s solutions are a quickly emerging technology for emissions reduction and climate action efforts. According to the company’s statement, District Energy Systems’ market size in 2019 was around the $173,42 billion; its projected to rise to $204,74 billion by 2027.
Specifically, the system provided to Denver’s Center will be owned and operated by EAS energy partners, a US-based consortium; AECOM Technical Services Inc. and Saunders Construction.
The system is expected to enter into operations by the third quarter of 2021. About the relevance of the agreement, Sharc’s CEO, Lynn Mueller, said: “To have our technology recognized and installed by this premier project, the largest wastewater district energy development in North America, is a major milestone for our company.”
“This is one of many such projects we anticipate being involved in the U.S., Canada and other markets in 2021, as governments and business look to reduce energy costs and the reliance on fossil fuels — and reduce their carbon footprints — by tapping into the wastewater that goes down the drain every day,” she concluded.