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The British Columbia Hydro and Power Authority, operating as BC Hydro, is a Canadian electric utility in the province of British Columbia.It is the main electricity distributor, serving more than 4 million customers in most areas, [3] with the exception of the City of New Westminster, where the city runs its own electrical department [4] and portions of the West Kootenay, Okanagan, the ...
Independent power producer (IPP) projects have had a significant presence in British Columbia since the 1980s. Their relationship with BC Hydro grew from the province's need to supply growing energy demands and implementation of the 2002 Energy Strategy, which mandated that BC Hydro would purchase its energy supply from IPPs rather than generating the supply itself.
In 2014 BC had the largest volume of electricity imports in Canada (9700 Mwh), from the Western Interconnection in the US which is 60% fossil fueled. [57] [58] BC Hydro typically imports power during off-peak hours when thermal plants in the US and Alberta have excess power for sale, then exports hydropower during peak hours when prices are higher.
File:BC Hydro logo.svg This page was last edited on 7 July 2024, at 22:06 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ...
BC Hydro also operates thermal power plants. The Burrard Thermal Generating Station contributes 7.5% and the remaining 14.5% of the electricity requirement was supplied by purchases and other transactions. [10] BC Hydro's last dam was completed in 1984, since then run-of-the-river projects with private partners have been built. Power production ...
The British Columbia Energy Regulator (BCER), formerly the BC Oil and Gas Commission, is the Crown Corporation responsible for energy regulation in British Columbia, Canada. [ 1 ] Established in October 1998, it has offices in seven cities: Fort St. John , Fort Nelson , Kelowna , Victoria , Terrace , Dawson Creek , and Prince George .
The provincial government introduced a retail sales tax to fund the program. In the 1960s, there was an expansion of higher education: Post-secondary education institutions were created and expanded. BC gained its second and third degree-granting universities: the University of Victoria in 1963 and Simon Fraser University in 1965.
BC Hydro then chose to purchase electricity under long-term contracts from independent power producers, and it continues to do so today. As of 2017 these annual purchases are about four times the capacity of Site C. Once the initial contracts with BC Hydro expire, these independent producers may be free to export their electricity. [16]