News & Events

Check this section for Yukon Energy's latest news and coming events.

If you have questions about any of the information posted here, please contact:

Janet Patterson
Manager, Communications
Yukon Energy Corporation
Phone: (867) 393-5333

News, Media Releases, Energy Supply, Environment, Partnerships
Jul 24, 2017  Comment

Yukon Energy, Northern Climate ExChange and INRS partner to study Mayo and Aishihik rivers

Yukon Energy Corporation (YEC), the Northern Climate ExChange (NCE) at Yukon College and the Institut national de la recherche scientifique (INRS), a graduate school of the University of Quebec’s network, are partnering to study climate change impacts on the Mayo and Aishihik rivers in Yukon. This three-year research project combines two grants from the Natural Sciences and Engineering Research Council of Canada (NSERC) with funding from Yukon Energy. The total value of the project is close to $1-million with close to half of that in cash and in-kind support coming from the energy corporation. The research team will look at how long-term changes in temperature, snow, rain and permafrost may impact each river in the decades to come. This project will allow Yukon Energy to better manage water in each hydroelectric reservoir in the short term while planning for the effects of climate change over time. The research team will also develop a range of tools to allow Yukon Energy to forecast inflow in the Mayo and Aishihik hydroelectric power plants on timescales ranging from weeks to months. “This research is critical to us in terms of helping us plan for climate change and the implications on our ability to generate hydro power,” Yukon Energy president Andrew Hall said. “Because the Aishihik and Mayo facilities are key assets for us, we must be ready for any future changes in the watersheds that feed them.” “NSERC is proud to support applied research and development in high priority areas such as the environment and climate change,” said Bert van den Berg, Acting Vice-President, Research Partnerships, NSERC. “Connecting industry with applied research expertise at Canadian colleges will result in innovative technologies to help protect our environment and improve the quality of life for Canadians”. For INRS, this project represents an opportunity to expand their research expertise into a new region where they have not previously conducted hydrologic modelling, and with new academic and private sector partners. INRS personnel will conduct research in northern hydrology and build the professional and technological capacities that will help Yukon Energy address climate change challenges. As well, INRS will train YEC professionals on the operation of an inflow forecasting system. “Climate change is already impacting Yukon rivers and lakes in ways we don’t fully understand. We’re excited to continue our work with Yukon Energy and other partners to provide tools and information and help plan for these impacts,” said Brian Horton, project coordinator, Northern Climate ExChange at Yukon College. As the project will study rivers within the traditional territories of the Champagne and Aishihik First Nations (CAFN) and First Nation of Na-Cho Nyak Dun (NND), Yukon Energy and the Northern Climate ExChange are working with each First Nation to determine best locations for the data collection stations. Local First Nations citizens will be invited to work as field assistance, and all data gathered through this project with be shared with the First Nations. Project researchers are heading into the field this summer to install automatic weather stations in the Mayo and Aishihik river regions. Project teams will also engage local schoolchildren in the project with presentations and interactive experiments in the fall term. This project follows from a similar three-year study of the Yukon River recently completed by NCE, Yukon Energy, Yukon Geological Survey, and other collaborators. Based on results from that project researchers estimate that over the next 30 years, Yukon River flows will increase in fall, winter, and spring months, but that the timing and volume of summer peak flows will remain relatively unchanged. Monitoring of the weather near Llewellyn Glacier is ongoing and NCE researchers have trained YEC staff in the use of the project software to ensure the models are updated with contemporary data. For more information visit: About INRS : For more information, contact: Michael Vernon Yukon College - Communications 867.668.8786 867.332.4722 Janet Patterson Yukon Energy - Manager, Communications 867.393.5333 867.335.1519

News, Media Releases
Feb 08, 2017  2

Yukon Energy Achieves Sustainable Electricity Company™ Designation: A First for Northern Canada

The Canadian Electricity Association (CEA) announced today that Yukon Energy Corporation has achieved the Sustainable Electricity Company™ designation for its commitment to sustainable business practices. Yukon Energy is only the fifth company to earn this designation and the first in northern Canada. “This designation is a testament to Yukon Energy’s commitment to socially responsible and environmentally sustainable business practices,” said the Honourable Sergio Marchi, President and CEO of CEA. “A commitment that will ensure lasting benefits for their company, their customers, and to the communities in which they operate. I applaud Yukon Energy’s management team and staff on this outstanding achievement.” The Sustainable Electricity Company™ designation was established by CEA for utilities across Canada. It recognizes sustainability efforts and acknowledges success against the three foundational pillars of sustainability – environmental, social and economic performance. This designation requires utilities to confirm to ISO 14001 standard on Environmental Management Systems and ISO 26000 Guidance on Social Responsibility. In addition, companies must pass an independent external verification. “It’s an honour to receive this designation from the Canadian Electricity Association,” Yukon Energy President and CEO Andrew Hall said. “It recognizes the excellent job our employees do in delivering electricity in a sustainable and socially responsible manner.” Distinct from the Sustainable Electricity Company™ designation, CEA and its Corporate Utility Members also demonstrate their commitment to sustainability through mandatory participation in CEA’s Sustainable Electricity program. The program takes a holistic approach to addressing sustainability issues, including environmental, societal, and economic challenges and opportunities. Please visit the CEA website for more information on achieving Sustainable Electricity Company™ designation or on CEA’s mandatory Sustainable Electricity program. About the Canadian Electricity Association Canadian Electricity Association (CEA) members generate, transmit and distribute electrical energy to industrial, commercial, residential and institutional customers across Canada every day. From vertically integrated electric utilities, independent power producers, transmission and distribution companies, to power marketers, to the manufacturers and suppliers of materials, technology and services that keep the industry running smoothly—all are represented by this national industry association. Twitter  LinkedIn  Facebook  Blog About the Sustainable Electricity Company™ Designation The Canadian Electricity Association recognizes that sustainable development is a must in the 21st century. The Sustainable Electricity Company™ brand is a designation based primarily on the ISO 26000 standard – Guidance on Social Responsibility. The CEA does not certify companies for ISO 26000, but companies that wish to use the Sustainable Electricity Company™ brand must commit to core subjects, issues and related actions and expectations contained in the standard that are deemed applicable and significant to the company and its stakeholders. Website About Sustainable Electricity Sustainable Electricity is an industry-wide sustainability initiative developed and implemented by the electric utility members of the Canadian Electricity Association (CEA). By focusing on a three-pronged vision of sustainability – environment, society and the economy – the electricity industry takes a holistic approach to managing its impacts and securing its collective future. Website About Yukon Energy Corporation Established in 1987, Yukon Energy is a publicly owned electrical utility that operates as a business, at arms length from the Yukon government. We are the main generator and transmitter of electrical energy in Yukon and we work with our parent company Yukon Development Corporation to provide Yukoners with a sufficient supply of safe, reliable electricity and related energy services. Website LinkedIn  Facebook  Twitter For additional information: Samara Wiseman Manager, Public Affairs Canadian Electricity Association Tel.: 613 688 2954 Cell: 613 355 4022 Janet Patterson Manager, Communications Yukon Energy Tel.: 867 393 5333 Cell: 867 335 1519

Media Releases
Sep 19, 2016  Comment

Northern Energy Chair to support Canada’s North

Yukon College has been awarded an Industrial Research Chair for Colleges in Northern Energy Innovationfrom the Natural Sciences and Engineering Research Council of Canada (NSERC). This position is supported by electricity companies in all three Canadian territories to solve challenges faced by the northern energy industry. The Northern Energy Innovation Chair, Dr. Michael Ross will work closely with a pan-territorial consortium comprised of ATCO Electric, Northwest Territories Power Corporation, Qulliq Energy Corporation Nunavut, and Yukon Energy Corporation. These companies have matched NSERC’s one million dollar contribution by each committing $50,000 per year over the next five years. “This prestigious award will support Yukon Research Centre in doing what we do best: solving northern problems with northern expertise through partnership,” said Janet Moodie, Interim President and Vice Chancellor, Yukon College. “The Chair’s research will serve Canada’s North by addressing northern energy challenges while sharing these results publicly and transferring this knowledge to industrial partners, Canada’s territorial colleges, and the scientific community at large.” Dr. Ross and the Consortium aim to achieve the highest level of efficiency, reliability, cost reduction, and enhanced environmental stewardship standards in the northern energy industry through applied research and innovation. “Utilities in the North face some common challenges, including isolated grids, reliance on diesel, and aging infrastructure,” Consortium Chair and President of Yukon Energy, Andrew Hall, said. “The Consortium believes that we can address these challenges most efficiently by combining our efforts through the creation of this Chair position.” Dr. Ross will focus his research projects on the following areas as identified by the Consortium: integration of renewable energy into isolated community grids, energy storage, diesel efficiencies, independent energy valuation, residential and utility partnership, and demand side management. Over the coming months, Dr. Ross will work closely with the consortium to identify specific research projects that will be developed and implemented throughout all three territories over the next five years. The Chair in Northern Energy Innovation is Yukon College’s second NSERC Industrial Research Chair. In 2013 Dr. Amelie Janin was hired as Yukon College’s Industrial Research Chair in Mine Life Cycle. Janin is entering her fourth year of the five year program. The Yukon Research Centre is funded by Government of Yukon’s Department of Education with funding for Cold Climate Innovation from Economic Development.

Media Releases
Jan 04, 2016  Comment

Yukon Energy Begins the Switch to LED Streetlights Throughout its Service Area

Yukon Energy is replacing all of its existing streetlights with energy efficient Light Emitting Diode (LED) lights. The energy corporation will begin changing out the streetlights in Dawson City within the next few weeks. Later in the year it will install LED streetlights in the rest of Yukon Energy’s service areas, including Mayo, Faro, Champagne and Mendenhall. “Switching to LED streetlights will mean lower power bills for those rural communities we serve and is a better choice for the environment,” Yukon Energy President Andrew Hall said. “Energy efficiency and conservation are key pillars in Yukon Energy’s operation,” Hall added. “A megawatt saved through initiatives like this is a megawatt we don’t have to build.” The Dawson project should see a reduction of around 32 megawatt hours per year, which is equivalent to the amount of power used in one year by three average Yukon homes. LED streetlights now cost less than traditional streetlights ($184 per LED light compared to $240 per traditional HPS light). They are also expected to last much longer: 25 years as opposed to four years for HPS bulbs. “As an emissions-cutting and money saving technology, LED street lighting is a no-brainer,” Dawson City’s Protective Services Manager Jim Regimbal said, who has been working with Yukon Energy in moving this project forward. “Switching to LEDs is not only beneficial in terms of savings and emissions, the light quality improvements result in better visibility and reductions in road accidents. Energy savings and a safer community – now that’s a win all around,” Regimbal added. Yukon Energy has run LED streetlight pilot projects over the last five years in Dawson City and Mendenhall, in partnership with the Yukon government’s Energy Solution Centre (for Dawson) and ATCO Electric Yukon (for Mendenhall). The research shows that LEDs work well in the territory’s cold climate and that they use about half as much electricity as the traditional high pressure sodium (HPS) streetlights. This means municipalities will see reduced power bills by about $29 a year per light. Dawson has approximately 170 residential streetlights, giving the town an annual savings of nearly $5,000. Feedback from residents in Dawson and Mendenhall indicates most people like the quality of the LED light. LED lights also produce much lower levels of light pollution. The cost of switching out the Dawson streetlights will be about $50,000. With the energy and maintenance savings, the project is a very cost effective way of meeting the territory’s energy needs, particularly during the dark winters when demand on the grid is at its highest. Residential customers can also see savings by switching to LED lights. Yukon’s electricity conservation and efficiency program inCharge is currently offering $7 rebates on each package of ENERGY STAR® LED lights. Learn more about this program by visiting -30- Contact: Janet Patterson Communications, Yukon Energy Corporation (867) 393-5333

Media Releases
Oct 06, 2015  Comment

Yukon Energy Begins Works With Yukoners to Plan Next 20 Years

Yukon Energy is looking to Yukoners to help chart the course of the territory’s short to medium-term electricity future. The energy corporation is starting the process of updating its resource plan, which will cover the years 2016 to 2035.  “Planning for Yukoners’ power needs takes careful thought and research, and a balancing of values,” Yukon Energy President Andrew Hall said. “It requires input from all Yukoners since we all have a stake in the territory’s electricity future.” Over the next 12 to 15 months, Yukon Energy will be involved in a public process that will allow the corporation to: Determine what the electricity needs are expected to be in the territory over the next 20 years; Determine how much of an electricity shortage there will be over that time period; Examine all possible energy options available, analyze each one based on consistent criteria, and determine which ones are the best choices for the territory technically, economically, environmentally, and socially; and Write a resource plan that will be submitted to the Yukon Utilities Board for review. “Yukoners can make their voices heard at every step in the planning process,” Hall said. “It is important that we understand people’s values, so they can be reflected in the resource plan.” Yukoners can provide input through public meetings, a comprehensive values-based survey and a new interactive website, among other things. Yukon Energy hopes to increase electricity literacy through a series of information pieces placed in a Yukon newspaper and mailed to households. There will be direct and ongoing engagement with First Nations throughout the resource planning process. “We recognize that First Nations have the right to be engaged as a government, a potential energy investor or proponent, and as Yukon citizens, and we will work with them on all those levels,” Hall said. Yukon Energy expects to have a resource plan to submit to the Yukon Utilities Board early in 2017. Contact: Janet Patterson                                                                        Manager, Communications Yukon Energy Corporation (867) 393-5333                                                             

Media Releases
Jul 08, 2015  Comment

Yukon Energy’s Natural Gas Facility Complete and In Service

Yukon Energy’s new natural gas facility is now operational. The final regulatory approvals came last week, when the Corporation received two key operating permits: an Approval to Operate from the Yukon government’s Oil and Gas Branch and an Energy Operating Certificate from the Minister of Justice.   “We are pleased that the facility was successfully designed, constructed and commissioned.” Yukon Energy president Andrew Hall said. “Having this new plant operational means that we can provide safe, reliable back-up power to Yukoners that is less expensive and cleaner than diesel.” The two natural gas generators replace two Whitehorse diesel units that have reached end of life. “Yukon Energy will continue to generate the vast majority of our power from renewable sources,” Hall added. “Like our diesel units, the natural gas facility will only be used for emergency back-up or for peaking power in the cold winter months.” Last year, Yukon Energy produced 99.6 percent of its power from hydro and wind. The Corporation is planning a public tour of the new plant on the afternoon of July 23rd. “This will give Yukoners an opportunity to see the numerous safety features built into the system,” Hall said. “We would not have gone ahead with this project if we were not totally confident in the safety of LNG and of this facility.” Interested members of the public are asked to contact Yukon Energy to pre-register for the tour. Space is limited. Yukon Energy would like to thank all its staff and contractors who worked on this project. About $9-million worth of the contracts for the initiative went to Yukon companies. Contact: Janet Patterson                                                              Manager, Communications Yukon Energy Corporation (867) 393-5333                                                   

Media Releases
Mar 11, 2015  Comment

Whitehorse General Hospital Re-joins Secondary Sales Program; Provides Win for Yukon as a Whole

The Yukon Hospital Corporation (YHC), Yukon Energy, and the territory as a whole are all benefitting from a program that makes use of surplus renewable electricity. Whitehorse General Hospital recently re-joined the Secondary Sales Program after a hiatus of a few years. The program gives eligible Yukon businesses the option of using renewable power to heat their facilities instead of more expensive, GHG producing fossil fuels. It is priced at a discount to heating oil, saving participating companies about 30 percent on their heating bills. It provides Yukon Energy with a revenue stream that helps keep rates affordable for other electric customers, and it lowers Yukon's greenhouse gas emissions. Whitehorse General Hospital used the secondary sales program from 2003 to 2010, but that tapered off with the limited availability of surplus renewable energy. Now that it has re-joined the program, the hospital estimates heating costs could be reduced by $100,000 this year alone. “Our heating system provides steam and hot water that support many of the hospital’s vital needs, including space heating and a variety of processes such as laundry and instrument sterilization,” Yukon Hospital Corporation’s CEO Jason Bilsky said. “Using renewable energy whenever possible makes sense as it not only reduces our environmental footprint and significantly cuts costs, but it also directly supports our role in ensuring quality health care for Yukoners.” To qualify for the program, businesses must have or install a second electrically fired heating system, and acknowledge that the secondary power is interruptible during times when renewable electricity is not available. A key component is that the company be connected via computer to Yukon Energy’s system control centre, so that the business can be automatically turned on and off based on the availability of surplus renewable power. “Yukon Energy’s sales have dropped in the last two years, in large part because of warmer temperatures,” Yukon Energy president Andrew Hall said. “This program gives us the opportunity to make up some of that lost revenue, so we can keep rates affordable for other ‘firm’ electricity customers.” “The secondary sales initiative also provides opportunities to reduce fossil fuel use in the territory. In this regard, it’s a win for the entire Yukon,” Hall added. There is currently one other automated secondary sales customer – the Canada Games Centre. In 2014, the Centre has been able to access secondary sales approximately 97 percent of the time, saving Whitehorse taxpayers close to $100,000 in heating costs. Yukon Energy hopes to add one or two more automated secondary sales customers in the coming months. -30- Contact:   Janet Patterson                                                              James Low Manager, Communications                                            Manager, Communications Yukon Energy Corporation                                            Yukon Hospital Corporation (867) 393-5333                                                             (867) 393-8698                                   

Media Releases
Dec 05, 2014  Comment

Yukon Energy Moves Forward With Wind Work

Yukon Energy has announced plans to complete the work necessary to select a site for a five to ten megawatt wind farm in the territory. Starting next year, the Corporation will install wind monitoring equipment on Mount Sumanik near Whitehorse. The equipment will allow Yukon Energy to gather a full year of wind data at the site. The information will be similar in scope to that gathered at Tehcho near Stewart Crossing, the other location Yukon Energy is considering for a wind farm. “We recognize that wind is a valuable option in our energy tool box,” Yukon Energy President Andrew Hall said. “It is renewable, can be developed in a reasonable time frame, and is scalable. We see this as an appropriate mid-scale solution to meet the territory’s mid-term electricity needs.” Once the Corporation has data from both sites, it can update its energy yield and cost estimates for the development of similar-sized wind farms at those two locations. It can then choose the best site to take forward for more detailed engineering and assessment work. “Since wind power is intermittent, it is challenging to integrate as an energy source into an isolated grid such as ours,” Hall added. “That’s why, as a key part of this work, we will be taking a close look at the integration of wind energy into our system and assessing different technologies and options for firming up wind supply.” Over the next 18 months, Yukon Energy plans to engage with First Nations, stakeholders, and members of the public on key topics related to this work. Contact: Janet Patterson                                                                       Manager, Communications Yukon Energy Corporation (867) 393-5333                                                                Background Information Yukon Energy currently has two wind turbines on Haeckel Hill in the Whitehorse area: Bonus – 150 kW unit installed in 1993 Vestas – 600 kW unit installed in 2000 The Bonus has reached the end of its life and will be decommissioned in 2015. The Bonus will not be replaced. Instead, Yukon Energy will focus on doing the work necessary to have a wind project of between five to ten megawatts shelf-ready so it can be built once the load growth develops and other relevant conditions are met. The Corporation is considering two options: 1) a wind farm on Tehcho (formerly Ferry Hill) near Stewart Crossing in the Central Yukon; and 2) a wind farm on Mount Sumanik near Whitehorse. Wind data collection at Tehcho was completed in 2014. Previous to that, Yukon Energy collected some data from Mount Sumanik, but the information was incomplete. The Corporation needs to collect further data from the Mount Sumanik site over the next 18 months, so an ‘apples to apples’ comparison can be made of the two locations. Because of the intermittent nature of wind power, Yukon Energy is looking at a number of technologies for integrating wind into the Yukon grid. Historically the options available in the territory included diesel back-up and hydro spinning reserve, but there are number of emerging technologies the Corporation plans to look at, including large scale batteries, compressed air storage and ultracapacitors. Integration with options such as pump storage and electrical thermal storage will also be reviewed as part of the study.  

Media Releases
Sep 24, 2014  Comment

inCharge: New Yukon-wide Electricity Conservation Program Launched

Yukon’s two electric utilities have developed a territory-wide initiative aimed at helping Yukoners save electricity and money. The initiative, called inCharge, will be rolled out starting on Oct. 1st, 2014. inCharge was created after substantial input from Yukoners and with direction from the utilities’ regulator, the Yukon Utilities Board. inCharge will provide Yukoners with information and programs to help them use electricity wisely. Through personal choice and habits, Yukoners will be able to take charge of electricity usage in their homes. For 2014, the initiatives will focus on the following: -LED Lighting Rebate: Yukon residential customers will receive a rebate of $7 for each ENERGY STAR® qualified LED light bulb they purchase from Yukon retailers, up to a maximum of 8 bulbs per year, per residential account. -Low-Cost Energy Efficient Products: the two utilities and community partners will distribute electricity saving kits that include items such as LEDs, smart power bars, block heater timers, low flow showerheads, motion detectors for lighting, insulation for hot water tanks/pipes and clothespins. -Public engagement and education: The utilities will provide general information about how to save electricity through public events, written material, and the inCharge website, which will be made live very shortly. Customers who apply for an LED rebate or participate in a user survey before the end of this year will be eligible to win one of three 40 inch energy efficient TVs. The Yukon Utilities Board (YUB) directed the utilities to start slowly with electricity conservation aimed at the residential customers and prove savings before reporting back to the board. Once the initial phases of the conservation program have been completed, the utilities will present a much more comprehensive suite of initiatives to the YUB for approval. While inCharge is offering LED rebates as of October 1st, starting in January 2015 the initiative will be expanded to include rebates for block heater timers. Contact: Janet Patterson                                     Manager, Communications                Yukon Energy Corporation                 (867) 393-5333 Laura Carlson Sr. Corporate Communications Advisor ATCO Electric Yukon/Northland Utilities (867) 633-7010    

Media Releases
Sep 17, 2013  Comment

Northern Climate ExChange partners with Yukon Energy and federal government on hydrosecurity project

Matching funds from Yukon Energy Corporation and the federal government will allow the Northern Climate ExChange (NCE) of the Yukon Research Centre to continue its research investigating the implications of climate change on hydro generation at the Whitehorse dam. Yukon Energy and the Natural Sciences and Engineering Research Council of Canada have each contributed $385,000 to allow the Northern Climate ExChange to build upon preliminary research already conducted with the energy corporation. Technical and other support will be provided by the Yukon Geological Survey and Environment Yukon’s Water Resources Branch. “This project aims to improve our understanding and preparedness for the impacts of climate change in northern Canada, which is of vital importance to Yukon’s prosperity,” said Lacia Kinnear, Manager, Northern Climate ExChange. “This research is critical to Yukon Energy in terms of helping us plan for climate change and the implications on our ability to generate hydro power,” said Janet Patterson, spokesperson for Yukon Energy. “With the majority of the electricity we produce coming from the Whitehorse hydro facilities, we must be ready for any future changes in the watershed that feeds our Whitehorse system.” Researchers will install automated weather and snowpack monitoring stations at five locations in the upper Yukon River watershed. The researchers will study the characteristics and flow dynamics of the headwater glaciers. They’ll also collect data on snow pack and suggest how the water that feeds the Whitehorse dam could be affected by climate variability. Yukon College students will be involved in many different aspects of this project, including field work and data interpretation. By the third year of the project, the researchers expect to develop a model that will help Yukon Energy in its future resource planning. It will also assist the energy corporation in operating its Whitehorse hydro facilities in the most efficient way possible under various scenarios. More information on this project can be found here. The Northern Climate ExChange is one of seven key programs at the Yukon Research Centre (YRC). The other six include: Biodiversity Monitoring, Cold Climate Innovation, NSERC Industrial Research Chair for Colleges in Mine Life Cycle, Technology Innovation, Science Adventures, and Resources and Sustainable Development in the Arctic. Core funding for the Yukon Research Centre is provided by Yukon Education and Yukon Economic Development. Yukon Energy Corporation is a publicly owned electricity utility that operates as a business, at arm’s length from the Yukon government. It is the main generator and transmitter of electrical energy in Yukon.   For more information, contact: Lacia Kinnear Manager, Northern Climate ExChange Yukon Research Centre 867.668.8862 867.332.6231 Janet Patterson Manager, Communications Yukon Energy Corporation 867.393.5333 867.335.1519

Media Releases
Jul 05, 2013  Comment

Capstone Mining Corp. and Yukon Energy Partner on Energy Audit

Capstone Mining Corp. (“Capstone”) and Yukon Energy are working together to identify energy efficiency opportunities at Capstone’s Minto Mine (“Minto”). As part of Minto’s continuous improvement process and Yukon Energy’s electricity conservation initiatives, the two corporations are sharing the cost of having an energy audit done of the property. The goal is to help the mining operation reduce its energy use per tonne of ore milled and manage its peak demand load. The energy audit will be done by Hatch, a firm from Toronto that specializes in industrial energy audits. It will document past and current electricity use, compare that usage to other similar operations, and provide recommendations for energy saving opportunities. Each recommendation for energy efficiency improvements will include a cost-benefit analysis. The auditing company will also provide a proposal for managing peak load. “Energy conservation is a critical element in helping us meet Yukon’s growing energy needs,” Yukon Energy spokesperson Janet Patterson said. “We are working with all our customer classes to find ways of making the most efficient use of the territory’s available electricity, and we’re very pleased to have an opportunity to partner with Minto on this initiative.” “This is a tremendous opportunity for the Minto Mine,” said Ron Light, Minto Mine General Manager. “We are always looking at ways to continuously improve our operations and identify cost reduction opportunities and this initiative has the potential to optimize our operations well into the future.” The audit will be completed later this summer, with a final report expected before the end of this year. Capstone and Yukon Energy will share the cost of the audit equally, with an additional 25 percent to be reimbursed by Yukon Energy should Minto implement energy conservation measures that result in a reduction of current annual consumption. Contact: Cindy Burnett VP, Investor Relations and Communications Capstone Mining Corp. (604) 637-8157 Janet Patterson  Manager, Communications  Yukon Energy Corporation  (867) 393-5333   About Capstone Mining Corp. Capstone Mining Corp. is a Canadian base metals mining company, committed to the responsible development of our assets and the environments in which we operate. We are preferentially focused on copper, with two producing copper mines, the Cozamin copper-silver-zinc-lead mine located in Zacatecas State, Mexico and the Minto copper-gold-silver mine in Yukon, Canada. In addition, Capstone has two development projects, the large scale 70% owned Santo Domingo copper-iron-gold project in Chile in partnership with Korea Resources Corporation and the 100% owned Kutcho copper-zinc-gold-silver project in British Columbia, as well as exploration properties in Canada, Chile, Mexico and Australia. Using our cash flow and strong balance sheet as a springboard, Capstone aims to grow with continued mineral resource and reserve expansions, exploration, and through acquisitions in politically stable, mining-friendly regions. Our headquarters are in Vancouver, Canada and we are listed on the TSX. Further information is available at About Yukon Energy Corporation Established in 1987, Yukon Energy is a publicly owned electrical utility that operates as a business, at arm’s length from the Yukon government. We are the main generator and transmitter of electrical energy in the Yukon. Cautionary Note Regarding Forward-Looking Information This document may contain “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “forward-looking statements”). These forward-looking statements are made as of the date of this document and Capstone does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Capstone to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.

Media Releases
Jul 25, 2012  Comment

Yukon Energy Seeks Input on 20-Year Resource Plan

After extensive consultation and discussion with governments, stakeholders and the public, Yukon Energy has completed a draft of its updated 20-year resource plan. It is now taking the draft to Yukoners for input. Then the document will be revised based on feedback from the public and will be submitted to the Yukon Utilities Board (YUB). “In 2006, the last time Yukon Energy developed a 20-year resource plan, our approach with regard to public consultation was fairly conventional. We shared the plan with the public, but only once it was a finished document that had been filed with the YUB,” Yukon Energy president David Morrison said. “Since that time, we have made a conscious and fundamental change in our approach to planning. We sought input from First Nation and other governments, stakeholders and the public before we had determined any of the content of this latest resource plan,” Morrison added. The input came through meetings, workshops, a three-day energy planning charrette held in March 2011, and follow-up mini-charrettes that focused on specific potential energy options. Among other things, the charrette participants helped Yukon Energy formulate four principles around which to base future energy decisions: reliability, affordability, flexibility and environmental responsibility. “These these four principles became our lens through which we considered all possible energy options for this resource plan draft,” Morrison said. The document outlines both near-term and longer-term energy options. Near-term possibilities include energy conservation/efficiencies, hydro enhancements such as Southern Lakes Enhanced Winter Storage, liquefied natural gas, wood biomass, and wind. Longer-term options outlined in the draft include new hydro, geothermal, solar, liquefied natural gas from local sources, and a grid connection to British Columbia or Alaska. Yukon Energy plans to visit several Yukon communities over the next few weeks to hear people’s views on the draft document. On a go-forward basis Yukon Energy is committed to the idea of ‘planning in public’. The corporation will continue engaging Yukoners on issues related to the territory’s energy future. To learn more you are invited to read a summary of the 20-Year Resource Plan draft and a more comprehensive and detailed overview of the plan. The complete document is available upon request (note that it is a very large file).  Contact: Janet Patterson Supervisor, Communications Yukon Energy Corporation (867) 393-5333

Media Releases
Jul 16, 2012  Comment

Group to Look at Biomass Plant for Haines Junction

Five local governments, agencies and corporations are working together to look into the possibility of a biomass project for Haines Junction. The Champagne and Aishihik First Nations, the Dakwakada Development Corporation, Yukon Energy, Cold Climate Innovation of the Yukon Research Centre, and the Village of Haines Junction are investigating the potential for a two to three megawatt biomass plant in the community. If approved, the plant would provide some much-needed renewable electricity for the territory. It also has the potential to produce district heat and create economic opportunities for local businesses and corporations. “The biomass project promises to provide benefits on multiple levels,” said CAFN Chief James Allen. “A large greenhouse project utilizing waste heat could supply our regional need for vegetables and decrease our reliance on the Alaska Highway for food transport. The production of renewable energy plus the added benefits will create numerous jobs for our people and help our region become more self-sufficient.” “DDC has been evaluating the renewable energy sector for the last few years”, said Murray Arsenault, General Manager of Dakwakada Development Corporation. “We are optimistic about the investment potential associated with renewable energy which can add greener energy to the Yukon grid, and provide economic opportunities in the traditional territory of Champagne and Aishihik First Nations.” “We’re very excited about this initiative and see this as a win-win for everyone involved,” Yukon Energy president David Morrison said. “It’s crucial that we work with First Nation and other governments, agencies and development corporations so we can ensure a sustainable and secure energy future for the territory.” “The biomass plant is about creating a sustainable cold climate technology that addresses food security, energy independence and job creation for Yukoners”, said Yukon College president, Karen Barnes. “This collaborative project brings together researchers, industry and government benefiting Yukoners and potentially other sub-arctic regions around the world”. The preliminary research done to date shows this is a potentially economically viable project. The group is now hiring a consulting company to conduct a more detailed engineering and design study. The results are expected by early 2013. While this study will primarily focus on electricity production from the plant, the group hopes to find additional money to investigate the use of the facility’s waste heat. “This is a green, carbon neutral energy project that, if it goes forward, will create much needed jobs in our community,” Haines Junction Mayor George Nassiopoulos said. “I’m particularly pleased with the level of cooperation for this initiative among the corporations and various levels of government.” The bulk of the funding for the $850,000 engineering and design study is expected to come from Natural Resources Canada, with the remainder coming from the five Yukon organizations. Once the study results are known, the group will determine how best to move forward. The biomass project would undergo community, environmental and regulatory review before moving to the construction phase. Contact: Janet Patterson Supervisor, Communications Yukon Energy Corporation (867) 393-5333 Amy McKinnon Communications Manager Champagne and Aishihik First Nations (867) 634-4237 Tanis Davey Communications Coordinator Yukon Research Centre, Yukon College (867) 456-8625