What is the OVDEU?
The Oval Village District Energy Utility (OVDEU) provides space heating and domestic hot water to mixed-use communities adjacent to the Richmond Olympic Oval. Currently, the OVDEU services 3.5 million square feet of space across 14 buildings, with a total capacity of 19 MW.
The system is currently supported by three interim energy centers (IECs) powered by natural gas boilers, with a forth IEC planned for completion in 2025. A permanent sewer heat recovery energy plant, planned for 2028, will replace the IECs and generate low-carbon energy by harnessing heat from the Gilbert Trunk Sewer Main. It is anticipated that the energy recovered from the sewer will supply the majority of the system’s annual energy needs, potentially reducing greenhouse gas emissions by up to 80%.
At full build-out, expected by 2029, the OVDEU is projected to serve 5,500 residential units and 6.4 million square feet of floor space.
phases
OVDEU completes construction of two interim energy centres and begins servicing buildings in the Oval Village area.
To keep up with energy demands in the Oval Village Area, the gas-fired energy centre on River Parkway will be expanded from 8MW to 12 MW capacity, bringing the system total to 15MW.
A third IEC was added to the system, increasing the total capacity to 19MW.
At full build-out, the OVDEU is anticipated to have a 21MW peaking load and service 6.4 million square feet of floor space.
rates
LIEC rates include all commodity costs, day-to-day maintenance and operating costs, and all DEU equipment replacement costs: you won’t need to ever worry about any on-going maintenance or end-of-life replacement costs for in-building energy generation equipment, such as boilers.