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Home My Public Portal About2014-03-13_Fact Sheet_Future Energy OpportunitiesMunicipality of the District of ChesterFACT SHEET Future Energy Opportunities Assessment Proposal from Minas Energy will assess the Municipality’s potential short term and long term energy opportunities, which include, Biogas (anaerobic digestion); Renewable to Retail;and Purpose grown biomass; Biogas:Converting organic material to electricity and heat through the anaerobic digestion process. Renewable to Retail:The Province passed The Electricity Reform Act which will allow independent producers of renewable energy to sell directly to customers. Purpose Grown Biomass:The Municipality can grow and sell feedstock for a nearby biomass cogeneration as long as our land is appropriate for cultivation. Scope of Minas Energy’s Project A review of existing and upcoming governmental energy policies and how they impact the Municipality as well as permitting and approvals needed; An Anaerobic Digester (biogas) Feasibility Study, including components for feedstock and risk assessment both financial and technological; A considerable public consultation process throughout the assessment; Determine how the Municipality can promote economic development through the opportunities identified in the assessment; A review of energy opportunities, specifically development and location. An Energy Strategy for the Municipality Fact Sheet Future Energy Opportunities Assessment Value to Municipality Real potential for significant revenue sources outside of property taxes Solutions to some of our immediate needs, such as processing organics Legislative changes as a result of the Electricity Reform Act will position the Municipality for future opportunities in the energy field Directly supports our Strategic Plan Budgetary Significance of Proposal Approximately $15,000 from 2013/2014 Operating Remainder $80,000 from 2014/2015 Capital (for discussion at Budget Committee Meeting) Although this project doesn’t qualify for funding under the Gas Tax Program, there could be potential for some funding through the Resource Recovery Fund. The Municipality can keep 100% of revenue generated outside of property taxes, roughly two-thirds of which is allocated for Provincial mandatory obligations.