Site C and the Future of Renewables ● In December 2014, the BC government made the decision to proceed with Site C, which would provide 1,100 MWs of capacity and about 5,100 GW/h of energy each year. ● Prior to that decision, CEBC commissioned a London Economics study that found: o Private clean energy could save British Columbians $750 million to $1 billion during the 70-year economic life of Site C. o LEI cautioned that large planned industrial projects, such as LNG, can get delayed, impacting the ability for the market to absorb excess capacity from Site C. Private clean energy can allow for the “right sizing and right timing” of smaller projects. o CEPs promote geographic diversity, which increases reliability and reduces …show more content…
o According to a recent International Renewable Energy Agency report, by 2025, the average cost of electricity from solar photovoltaics could drop another 59 per cent. Offshore wind and onshore wind could see decreases of 35 per cent and 26 per cent compared to 2015. ● There has not been a Power Call in BC since 2008, but it is fair to say that British Columbians would benefit from these savings should there be a new Call for Power. The Standing Offer Program (SOP) The SOP encourages the development of clean energy projects (15MW or less) throughout B.C., as set out in the 2007 BC Energy Plan and the 2010 Clean Energy Act. The SOP was also referenced in the 2013 Integrated Resource Plan, where the annual target was increased in order to support regional economic development and First Nations. It is important to note that SOP prices are different than the cost of energy that would be obtained through a competitive procurement process. Small SOP projects don’t benefit from the economy of scale, and face similar regulatory, permitting, construction, and interconnection costs as larger projects. However, the SOP is vitally important to clean energy developers and provides many benefits to the BC economy, especially in rural BC. For instance, millions of dollars are spent on each SOP project
For example, my father went solar two year ago in my home country. He reduced his electricity
In 2007, Canada’s industries saved 2.1 billion U.S. dollars of energy costs (2007). All these numbers show Canada’s efforts in general public utilities.
By coming together at Generate to develop strategies and get more First Nations engaged in clean energy, it will result in more opportunities for indigenous communities and businesses. For example, contracts were awarded to a number of First Nations and Aboriginal companies to complete work on the Quality Wind project. These companies provided almost 50% of the labour during construction. For instance, Duz Cho Construction owned by McLeod Lake Indian Band, built 24km of roads, excavated land, prepared foundations, and provided advice on geotechnical and surface
- Will spend $100 million to end power generation using diesel in various communities in Northern Canada
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.
Suncor Energy Inc. is a company that was founded in 1967; it is Canada 's premier integrated energy company, and the fifth largest North American energy company. Suncor provides thousands of well-paid jobs, puts millions of dollars in Canadian businesses every year, takes action on environment issues and supports our communities by funding local initiatives. (Suncor Website, 2012) Suncor is leading the way in oil sands operations and development while investing in technologies to improve environmental performance. A considerable part of Suncor’s portfolio is invested renewable energy
The MetaMethane Project will promote the economical and sustainable development of BC’s shale gas resources from both industrial and regulatory perspectives. These outcomes are aligned with multiple BC Government Priorities, including 1) the Innovative Clean Energy Fund, 2) The BC Jobs Plan (Natural Gas), 3) The BC Energy Plan (Oil & Gas), 4) BC’s Natural Gas Strategy, and 5) research and innovation priorities described by the Ministry of Technology, Innovation and Citizen’s Services.
To look profoundly, we all know that the price of gas and oil in our society is very high that will eventually be exhausted, maybe after a few years later. It enables us to think about the perennial sources and enhance our trying to exploit them. By funding projects, the government can make it easier to unravel baffling hard issues sooner and provide a serene lifestyle for people. Impartially speaking, sun and wind are both free energies that have existed since the beginning of the world. This is a heavy burden on the shoulder of scientists to pave the way of using these environmentally friendly
World War One was one of the most deadly conflicts in all human history. It began in 1914 and ended in 1918. In those four years, almost 17 million people died and over 20 million were wounded. What were the underlying causes of WWI? Three of these causes were militarism, nationalism, and the loose alliances that had been formed prior to the war.
Renewable power from IPPs have allowed BC to achieve its goal to become electricity self-sufficient. Without renewable power from IPPs, BC Hydro would have been forced to import power from other jurisdictions (predominantly fossil fuel generated power) to meet growing provincial demand for electricity.
Canada has the potential to be a “sustainable energy superpower” due to the vast amount of resources it contains. It has a large landmass and diversified geography which can be used to produce renewable energy from such resources; watermill, wind, biomass, solar, geothermal, and ocean energy. Renewable energy is energy obtained from natural resources that are able to be naturally replenished within a human lifespan (Natural Resource Canada, 2014). Currently, fossil fuel burning is the major source of energy in Canada and although it can be re-used, the process is so long that it is considered to be non-renewable. Also, fossil fuel burning for coal, natural gas, and petroleum gas pollutes the environment with greenhouse gases on a large scale, causing global warming. Non-renewable energy is taken from sources that re available on Earth in limited quantity, likely vanishing within fifty to sixty years from today (Conserve Energy Future, 2014). Thus, it is important for Canada to invest their money on resorting to more environmentally friendly and renewable ways to make electricity. Being a developed country, Canada has the financial stability to purchase the technologies over time in order to produce renewable energy. In addition, many organizations and the government have taken a step to educate the society about issues regarding energy usage, and to create programs which conserve energy for the future. In the future generations, Canada will be able to generate sufficient
In addition, as humans learn more about the planet, and how it is being affected by certain things, they are most likely to change their habits in order to save their home. Therefore, although this is the cheapest option, with global warming taking place, more people will turn to renewable energy sources. If a client
Cost of electric bill are one of many problems that home owners face, and Stable energy prices is one of the ways renewable energy can provide people. Once the renewable energy equipment/product is installed, which for sure will cost money, but think of it as an investment and not a waste. Once installed they operate at low cost saving many people money. I can tell you a step by step way people can install a solar power system, shown by MERTZ ESSWEIN and PATRICIA. The cost would be, the typical home system has 6 kilowatts of generating capacity, which costs about $21,400 to install before any financial incentives and the 30% federal tax credit. In return the savings would be, you can
In contrast, some believe that renewable energy is a key factor involved in helping the economy to grow. Many jobs are created in the manufacturing and running of renewable energy plants. The renewable energy and energy efficiency technologies created 8.5 million new jobs and $970 billion in revenue in the year 2006 (Langwith, “Renewable Energy is Economically”). The American Solar Energy Society says by 2030 it could generate up to $4.5 trillion in revenue for the U.S and create 40 million new jobs. This would represent one in every four jobs (Langwith, “Renewable Energy is Economically”). This shows how vital it is to get renewable energy companies in the U.S. It is important to build a stable economy again and do it all while helping the environment.
All MOU parties must work harder to ensure there are opportunities for the clean energy sector in BC.