Site C Backgrounder
In conjunction with the Site C decision, the BC Government issued a background (see Appendix 1) related to private power producers and renewable energy. Much of the information in the backgrounder is misleading and/or incorrect. This note provides a number of responses to the backgrounder.
“These decisions significantly increased the province’s intermittent electricity energy supply…”
• IPP generation currently represents about 25% of the province’s electricity supply. This includes a range of generation projects, including heritage privately owned hydro, co-generation and more recent IPP supply.
• IPP generation, added since 2006 as a result of policy decisions in the mid 2000’s, currently represent only about
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• BC Hydro heritage hydro has been operating over many decades and the price for that power reflects that the assets in most cases have been paid off. These prices cannot be compared to the cost of building new generation. o The cost to build new generation today by IPPs is less than that from BC Hydro, as shown in the BCUC Review of the Site C Project. o Like BC Hydro heritage assets, IPP projects represent an investment in reliable supply that extends beyond the term of the contract – many of these projects could provide power to the province for up to 100 years.
“The board of BC Hydro committed to more than 135 contracts with an average term of 28 years. And while power generated by BC Hydro’s heritage assets cost $32 per MWh, power from IPPs cost $100 per MWh. Today these contracts represent future financial commitments of over $50 billion.”
• 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.
• BC large hydro storage capacity in its system has allowed BC Hydro to integrate variable renewable power into the system while maintaining one of the most reliable systems in North America.
• Other jurisdictions have shown that with new ways of thinking and managing the system,
Moving into the next renewable energy, there is a big advantage that hydroelectric power is that hydropower dams is a huge renewable resource and using water to create electricity has no carbon footprint. As well as there is less pollution from it overall. There are many advantages but there are two distinct disadvantages, one of them being the cost to build an electric power station. The cost
All of Penticton’s residential and commercial electricity needs are provided by BC Hydro – a provincially owned resource. Each residence is charged for their electricity use based on their consumption and monthly usage. The city is part of the energy awareness campaign and does encourage residents to make power smart
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.
The Peace River currently has two other Site dams, and the Site C will work in correlation to them. The Site C will filter the already parsley clean water, creating clean water for more than 100 years. The dam generates 1,100 megawatts of capacity, producing 5,100 hours per year. This is enough to power 450,000 homes a year in British Columbia. This has been the most cost efficient recourse BC Hydro has ever proposed. Not only will this Dam create energy and save money, but it will also provide thousands of
In his speech before the Bloomberg Energy Conference in New York on April, last year, former Canadian Minister on Natural Resources Joe Oliver outlined the significance of the Keystone XL oil pipeline in meeting the growing demands of the United States for an environmentally safe and secure energy source and distribution. He argued that North America’s continued growth as a global superpower depends on how it can meet its energy demands without depending so much on offshore sources such as the Middle East which are mostly in conflict and are therefore unstable. Oliver seems to present a compelling argument in favor of Canada’s energy projects especially when he cites independent third party reports made by the International Energy Agency
Private clean energy could save British Columbians $750 million to $1 billion during the 70-year economic life of Site C.
“This (MOU) will support the Clean Energy Strategy in BC Hydro’s 2013 Integrated Resource Plan
New industries and people in their homes made increased demands on hydro power and Canada with its vast river systems soon became the second largest producer of hydro power in the world.
Northern Pass continues to promote that the energy generated by Hydro-Quebec will benefit New England’s power grid, and has purposely remained hush to the reality that only customers of Eversource benefit from the energy.
The objective of this message is to appraise testimony refined by PowerCo's economists in order to establish the apparent profit or loss which could result from developing a cutting edge power generator. Considering the ever increasing demand for electricity, the present power plant can effectively supply electricity in the next 10-12 years. Therefore, a proposal has been put forward and this report will be aimed at determining whether the novel power generator is supposed to be developed.
BC Hydro predicts a 40 percent increase in electricity demand over the next 20 years. Since there will be increased demand in electricity The government attempts to solve this problem before cities run out of electricity., so cities do not run out of electricity. I understand that the Site C dam, not only help with supply of electricity but it will also increase job demand in Northern BC because the government promises to hire as many local people as possible.
The use of non-renewable sources of energy are coming to a halt; this encourages Canada to start wind turbines and solar panels to lower emission. However, it is known that modern technologies require prohibitive costs, experts to set it up and scheduled maintenance over time. Since the aboriginal community is underdeveloped; installing those wind turbines and solar panels means that the existing generators must be modified and updated which adds to the total cost. Of course, trained professionals and government funding is required to install wind turbines and solar panels which are not readily available in the community. Total costs for training, sourcing the equipment, installing and maintaining in the harsh climate up north makes the government stray away from it and look for investments else
The global power generation industry went into dip in 2009, but recovery has been swift and is set to continue towards 2017. According to MarketLine, the global power generation industry is expected to have a value of approximately $1,747.3 million in 2014, an increase of 7.5% over 2013. MarketLine anticipates that the industry growth will accelerate further and reach a value of approximately $2,103.8 million by the end of 2017, an increase of 20.4% over 2014.
Private clean energy could save British Columbians $750 million to $1 billion during the 70-year economic life of Site C.
Hydroelectric power plant is one of the major power plants all over the world in order to create electricity. It is also one of the best renewable energy sources on the planet earth. In ranking, Canada is the third largest country to produce hydroelectricity power. The efficiency of this power source is 90% and this is very impressive as the percentage of efficiency is very high. Hydro power plants generate 24% of the world’s electricity. More than 1 billion people are associated with hydro power plants as they use the power supply from hydro power plants.