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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.
The commission was critical of BC Hydro's forecasting methods, declaring that it neither explicitly took energy prices into account nor relied on statistically significant past patterns of behaviour. [15] BC Hydro then chose to purchase electricity under long-term contracts from independent power producers, and it continues to do so today.
*Waneta Dam has been wholly owned by BC Hydro since July 2018 [6] after Fortis BC finalized an agreement with Teck to sell its 66% interest in the dam, but BC Hydro had first rights to purchase the remaining 66% from its first 1/3 ownership deal.
Name Height Capacity () Province/State(s) Coordinates Year of completion Owner Reservoir formed Image Mica Dam: 240 m (790 ft) [4] 2,805 [5] British Columbia 1973 BC Hydro
FortisBC is mandated to provide conservation and energy efficiency programs to customers, helping them lower energy use and reduce GHG emissions. In April 2009, FortisBC implemented a $41.5 million energy efficiency and conservation program after receiving approval from the BCUC to use those funds from 2009 to 2010. [ 23 ]
BC Hydro awarded Long Lake Hydro a Power Purchase Agreement in the 2008 Clean Energy Call. This project is a retrofit of a decommissioned storage dam that was built in about 1938 and used to supply power to the nearby Premier mine. The mine, which was last operated by Westmin Resources, closed in the 1990s and has since been decommissioned.
Lajoie Dam Under Construction, 1950s. E. Cleven Photo, aerial. Lajoie Dam is the uppermost of the storage dams of BC Hydro's Bridge River Power Project, which is located in the southwestern Interior of British Columbia.