B.C. Hydro task force kindles hope for independent power producers

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B.C. Hydro task force kindles hope for independent power producers
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B.C.\u0027s independent power producers hope the province\u0027s commitment to speed up electrification of the economy opens a door for them. Read on.

“I think what was lacking from government was leadership on linking the climate targets in Clean B.C. and energy planning,” said Sayers, who has begun using his Nuu-Cha-Nulth name Kwatuuma. “The next logical step is going to be my industry, that they realize even with we’re going to need a lot more power.”

B.C. Hydro referred Postmedia News’s questions about the task force and its 2021 integrated resource plan to the government. B.C. also has a significant surplus of electricity, which the utility expects to continue for most of the next decade, according to the 2021 integrated resource plan it has filed with the B.C. Utilities Commission .Article content

Independent utilities analyst Richard McCandless, in a report last September, estimated B.C. Hydro lost some $600 million between 2020 and 2022 by dumping surplus electricity on the open market in the Pacific Northwest below the cost it paid to acquire the energy.

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