“In 2019, the City of North Vancouver Council passed a motion for the City to increase its greenhouse gas reduction targets to achieve net zero by 2050, and reduce emissions by 80% below 2007 levels by 2040.”
Over the time period of their contract with town, MintGreen’s Digital Boilers will forestall 20,000 tonnes of GHGs from getting into the environment per MW in contrast to pure fuel.
“The complex issue of climate change requires innovative solutions, and LEC, with the City of North Vancouver, is showing tremendous leadership in environmental stewardship.” mentioned MintGreen CEO, Colin Sullivan in an announcement at the moment.
Lonsdale Energy Corporation Steps Into The Future
The Lonsdale Energy Corporation (LEC) is owned by town and has been offering vitality right here since 2003. LEC is working with town to discover methods to scale back its carbon footprint or decarbonize.
“The LEC is on a decarbonization journey to implement more renewable and clean energy, transitioning from the use of conventional natural gas,” says the announcement launched at the moment.
The metropolis at the moment makes use of a mixture of vitality sources in accordance to the website :
“LEC presently uses a combination of high efficiency natural gas boilers, ground source heat pumps, heat recovery from building cooling, and solar thermal panels to heat hot water.”
“LEC is continually exploring ways to use waste heat from buildings and industrial processes located adjacent to the district energy system, and switching to alternative and renewable fuels. LEC will transition to using zero emissions energy sources as soon as it becomes economical to do so. This move is already underway in Central Lonsdale where LEC’s mini-plant is powered by solar energy.”
In the announcement at the moment, LEC CEO Karsten Veng mentioned;
“Being partners with MintGreen on this project is very exciting for LEC, in that it’s an innovative and cost competitive project, and it reinforces the journey LEC is on to support the City’s ambitious greenhouse gas reduction targets.”
Veng hopes that the MintGreen Digital Boiler pilot challenge might be the launchpad for future enlargement alternatives because the City of North Vancouver continues to develop.
“Today’s announcement also mentioned the federal government’s proposed $170 per tonne carbon tax coming into effect in 2029 which will drive up the cost of natural gas, another reason to cut carbon.
In an interview with Bitcoin Magazine, Sullivan told us that there isn’t any way that bitcoin mining could be greener.
Over 97% of BC Hydro’s energy mix is hydroelectric. Using that energy twice both eliminates waste and makes this project one of the greenest in the space, he explained.
Mining with hydro already makes MintGreen green and reusing that same energy to sell heat makes it that much more eco-friendly.
Samson Mow, CSO for Blockstream Inc who is acting as a special advisor to the MintGreen team, told us:
“MintGreen’s new innovation is a perfect example of how mining bitcoin can be the greenest use of energy on the planet”
