BC Hydro shedding ‘junk power’ contracts - also known as clean energy investment GlobeBC
Near Williams Lake, Morehead Valley Hydro – another microhydro power producer that has been selling power to BC Hydro for three decades – has already been told the Crown-owned utility is walking away.In the past 12 months, BC Hydro has chosen to let three energy purchase agreements expire without renewal.In fact, B.C. was on track to be a net importer of electricity last year. Drought and cold weather drove demand beyond BC Hydro’s supply. But that’s not the preferred narrative of Mr.
“The previous government chose the parent-knows-best approach to creating energy supply, and the consequence of that are billions and billions of dollars that are left on the table, or even worse, leaving the province elsewhere for shareholders rather than coming into the public treasury to meet the demands of more supply,” Mr. Horgan said.
The decision to move ahead with Site C, which had started construction under the former Liberal government, was a devastating blow to Indigenous communities that have looked to renewable energy as an industry that can help them work toward self-sufficiency, said Judith Sayers, President of the Nuu-chah-nulth Tribal Council. Ms. Sayers was instrumental in building the Hupačasath’s power project when she served as elected chief of that community.
Clean BC, the province’s road map to meet targets to reduce greenhouse gas emissions, calls for the electrification of transport, buildings and industry. In addition, the proponents of the Chevron-Woodside Kitimat LNG project announced last week their intent to build the proposed facility using electric drive technology. The one project alone could use two-thirds of all the energy provided by Site C, according to Jihad Traya, an energy adviser for Solomon Associates.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New legislation to boost oversight, reduce rate hikes at BC HydroVICTORIA — The province’s independent energy regulator will get more power to scrutinize B.C. Hydro’s long-term energy plans, but remains forbidden from rebalancing rates and incr…
Read more »
Hydro One chief operating officer and chief legal officer leaving utilityHydro One says its chief operating and officer and chief legal officer are leaving the company.
Read more »
Hydro towers’ demise paves way for Mississauga home saleThis more than 4,500-square-foot house has an attached double garage and upscale finishes
Read more »
Most power restored but some Vancouver Island customers still without electricity after another wind stormBC Hydro spokesman Kevin Aquino says about 200 customers on Quadra Island and Cortes Island could be without power for longer because ferry cancellations mean crews may not get to those communities.
Read more »
Province receives two money laundering reports after reviews of real estate, carsBoth come after concern expressed about B.C.’s reputation as a “haven” for money laundering
Read more »
Investigations underway after teen kills self in North Van's Lion's Gate HospitalThe B.C. coroner and the Coastal Health Authority are both investigating
Read more »
LIVE3: NDP Leader Singh makes announcementLIVE SOON: NDP Leader Jagmeet Singh makes an announcement on healthcare in Coquitlam, B.C.: cdnpoli
Read more »
Growing Pains: Inside Canopy Growth Corp.’s bid to scale up at AldergroveSources say process has been bumpy, but company insists concerns over massive B.C. facility are overblown
Read more »