The Toba Montrose Project will deliver 726,000 megawatt-hours per year of clean power to BC Hydro under a 35-year EPA, through a partnership between Plutonic Power and GE Energy Financial Services.
The project includes two power generating facilities and transmission lines at a total project cost of $660 million.
The Toba Montrose Project General Partnership will operate the facilities with crews resident in the Toba Valley.
Project Benefits
Environmental Benefits
Zero GHG (Green House Gas) emissions
No pollution or wastes created
Displaces energy produced by "brown" (oil, gas & coal) sources
Energy produced from a renewable resource (rainwater)
Small environmental footprint
Low visual impact
Little impact on fish, vegetation, bird or wildlife habitat
*For a scorecord as to comparable energy technologies and their impacts on the environment click here.
Social and Economic Benefits
Creates economic activity remote areas
Business venture opportunities created for First Nations and local communities
Employment opportunities created for First Nations and local communities
Local tax revenue generated
Construction and long term jobs created
Helps reduce British Columbia's reliance on electricity imports from Alberta and the U.S.