Cypress Village Development, Vancouver, British Columbia. As a member of the Sustainability Solutions Group team in 2018-19, Farallon completed three feasibility studies on behalf of British Pacific Properties for their planned Cypress Village development in Vancouver.
The studies evaluated the costs and benefits of on-site electricity generation from micro-hydro and solar-PV, including battery storage, and also the feasibility of providing heat to buildings in the village from biomass and from ground-source heat pumps. The studies involved concept design and layout of district energy networks to serve over 300,000 m2 of building space.
The studies also included business cases with estimated capital costs, ongoing costs, cost savings, revenues, changes to greenhouse gas emissions, and the Levelized Cost of Energy for various renewable energy options.