BC Electricity Market
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British Columbia Energy Plan 2002 & 2007

In November 2002, the government released its energy policy, Energy for Our Future: A Plan for BC. The four cornerstones of the Energy Plan include:
  • Ensure our province continues to enjoy the BC Hydro legacy of low electricity rates
  • Provide a secure, reliable supply of power to meet our needs today, and for future generations
  • Encourage new private investment in the energy sector, creating new jobs, growth and prosperity
  • Ensure that the energy resources are used and developed in an environmentally responsible way.
Please click here for Energy for Our Future: A Plan for BC

In 2007, the provincial government released the new Energy Plan which highlighted such things as:

  • Target reducing BC GHG emissions 33% by 2020
  • All electricity generation: zero net emissions by 2016
  • $25 million Clean Energy Fund (RoR included)
  • Provincial self-sufficiency by 2016
  • 90% of BC Energy from clean renewable resources

Independent Power Producers

Currently, 34 IPPs provide approximately 7,000 GWh of electricity to BC Hydro's system. A further 27 IPPs were awarded contracts with BC Hydro in 2003. In 2006, BC Hydro awarded 34 contracts to IPPs in the largest Call for Power to date. These 34 contracts amount to over 7,000 GWh of electricity.

BC Hydro Stats

BC Hydro serves more than 1.6 million customers in an area containing over 94% of BC's population. Residential customers account for approximately 32% of energy demand, approximately 28% of demand is from commercial or light industrial customers and large industrial customers account for 38% of the energy demand.

Please click here for more information on BC Hydro

BC Hydro Electricity Imports

In Fiscal 2004, electricity imports amounted to about 5500 GWh or approxiamtely 10% of load demand in B.C.

In Fiscal 2005, about 13%, or about 7000 Gwh, of provincial demand was met by imports from the United States and Alberta. Interestingly, much of the imported electricity from Alberta and the U.S. is produced using fossil fuels such as gas and coal.

Please click here for 2005 BC Progress Board Discussion Paper on Provincial Energy

Future Electricity Demand

It is expected that electricity demand will grow 25% to 45% in the next 20 years.

Please click here for BC Hydro's 2005 Resource Expenditure and Acquisition Plan

Source: BC Hydro 2005 REAP, Government of British Columbia and IPPBC

To Learn more visit BC Hydro's website on "Learning the Facts"

>>Please click here to Learn the Facts<<


 
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