Industry
News
recently made legislative changes making it
easier for pipelines to be built and gas to
be shipped outside the province. Fearing
the Sussex area could be bypassed in
development of the natural gas resources,
the partnership is hoping the study will
encourage the government to make additional legislative and regulatory changes
that allow plans for the energy park to
proceed.
The partnership is proposing to build
a specialized industrial park near Corridor
Resources’ natural gas wellhead in
Penobsquis, estimated to contain more
than 1 trillion cu ft of gas. The park would
allow companies setting up there to buy
the gas at a reduced rate. This would
require legislation allowing the gas to be
piped directly to park tenants – without
going through Enbridge New Brunswick
and paying its tariff.
Corridor Resources is currently planning to build a gas plant and 48-km
( 29.8-mile) pipeline that would connect
with the Maritimes & Northwestern northeast pipeline, which transports gas to the
U.S. The partnership proposal would save
Corridor Resources from spending the
Cdn. $40 million (more than $35 million)
to build that pipeline, while also benefiting park tenants and the local economy. A
provincial committee on oil and gas development is now examining the partnership’s proposal.
ThermoEnergy To Develop
Zero-Air-Emission Plants
ThermoEnergy Corp. has announced
the start of a $310,000 federally funded
project to develop compact zero-air-emission power plants for medium-to-heavy
industry. These combined heat and power
plants would allow mainstream industries
to switch from natural gas to lower-priced
alternative fuels to meet their energy
needs – saving companies hundreds of
millions of dollars in energy costs, reducing air pollution, keeping U.S.-based
plants operating and lessening dependence on imported energy resources.
These CHP plants will be based on
the company’s patented zero-air-emission
power plant design known as TIPS
