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Bc Hydro Research Paper

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BC Hydro is a provincial Crown corporation and one of the largest electric utilities in Canada. It is owned by the B.C. government and the people of B.C. Victoria Gas Company was founded in 1860, starting the B.C. Hydro legacy. There mandate is to generate, purchase, distribute and sell electricity (Regulatory Information, 2017). Over the next twenty years, electricity demand will continue to grow by approximately 40 per cent. Therefore, BC Hydro is proposing the Site C project. The Site C project is favorable to our society because it is beneficial to the British Columbia (BC) economy, it is the most efficient option to improve electricity supply and it has the least environmental effect. According to the project summary by BC hydro, the BC’s economy has continued to grow thus bringing in new businesses, residences and industrial activities. Based on the report, the Plan for Project Site C will create employment, and creating over 33,000 jobs. Canada’s unemployment rate is currently on the rise from 6.9 to 7 per cent. Following the national trend, BC’s unemployment rate has also increased from 5.8 to 6.1 per cent which is a significant growth for a province. Therefore, the Sites C project …show more content…

From late 1960’s the demand of electricity started to increase and since then, the growth is gradually increasing until now. The population in the province has been growing three million per year since 1965 and it is predicted to keep growing in the future. The population growth causes scarcity of any resource. The supply of electricity from 1960’s till now was reasonably sufficient however, in the near future it has been predicted that the demand increases are growing faster than BC hydro can supply. Therefore, BC needs some other way to increase the supply of electricity and the substitute that BC hydro found is hydroelectricity (Site

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