Northwire Canada EditionFriday, July 24, 2026
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AEM 203.72 +0.1% OPW 0.105 +5.0% MSA 7.05 +1.9% GRL 0.285 +1.8% AIS 0.150 +0.0% CUU 0.590 +0.0% SOMA 0.720 +5.9% GAL 0.390 +0.0% AUMB 0.615 −3.9% UTWO 0.390 +0.0% GSKR 3.24 −0.3% AVX 0.005 −nan% AII 19.16 −3.8% GWM 0.480 +0.0% GEN 0.070 −nan% NIO 0.135 +0.0% AEM 203.72 +0.1% OPW 0.105 +5.0% MSA 7.05 +1.9% GRL 0.285 +1.8% AIS 0.150 +0.0% CUU 0.590 +0.0% SOMA 0.720 +5.9% GAL 0.390 +0.0% AUMB 0.615 −3.9% UTWO 0.390 +0.0% GSKR 3.24 −0.3% AVX 0.005 −nan% AII 19.16 −3.8% GWM 0.480 +0.0% GEN 0.070 −nan% NIO 0.135 +0.0%
Production / Operations

City of Vancouver NEU Expansion Opens as the Largest Operating Wet Project in North America

SHRC · Price

Executive Summary

  • SHARC Energy completed supply and commissioning of five SHARC 880 wastewater‑energy transfer (WET) systems for the False Creek Neighbourhood Energy Utility (NEU) expansion in Vancouver.
  • The expansion triples NEU capacity from 3.2 MW to 9.8 MW, making it the largest operating WET project in North America and delivering a COP > 300% for heat generation.
  • The self‑funded project is expected to cut carbon emissions by ~4,400 t CO₂ per year and provides affordable rates with a return to City taxpayers; SHARC will service the systems for five years (with an optional additional five‑year extension).

Key Details

  • Project Scope: Installation of five patented SHARC 880 WET units at False Creek NEU.
  • Capacity Increase: From 3.2 MW to 9.8 MW – a 206% increase, establishing the largest operational WET facility in North America.
  • Performance Metric: Annual average Coefficient of Performance (COP) for heat generation > 300%.
  • Service Area: Covers ~1.9 million sq ft of new development across Southeast False Creek, Mount Pleasant, False Creek Flats, and Northeast False Creek.
  • Carbon Impact: Estimated reduction of 4,400 tonnes CO₂ annually due to waste‑heat recovery from wastewater.
  • Financial Structure: Project is self‑funded by the City of Vancouver; delivers affordable customer rates and a return on investment for taxpayers.
  • Maintenance Agreement: SHARC will provide service and maintenance for five years, with an option for the City to extend for another five years.
  • Quotes:
  • Mayor Ken Sim: “The False Creek Neighbourhood Energy Utility is a great example of Vancouver’s ingenuity – we’ve literally turned raw sewage into an energy resource for the community.”
  • Michael Albertson, President & CEO: Emphasized SHARC’s growth and the technology’s role in low‑carbon urban infrastructure.
  • Regulatory Context: Highlights expanding U.S. state legislation supporting district/thermal energy networks (now 11 states).

Notable Quotes

“The False Creek NEU sets the example for WET supported district energy systems and serves to educate and grow awareness about the renewable thermal energy opportunities contained within a forgotten resource—Wastewater.” – Michael Albertson, President, CEO & Director, SHARC Energy.

Read the original news release →

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