PUBLICATION

Global Business Reports

AUTHORS

Katie Bromley, Andrew Mason, Anita Kruger

British Columbia Power 2014

October 10, 2014

During the past two years, the government of British Columbia and BC Hydro, a crown-corporation accounting for 80% of the province’s generation capacity, have worked to plan the province’s energy future, as demand for electricity is expected to rise by 40% over the next 20 years. The government’s 10-Year Plan and BC Hydro’s complementary Integrated Resource Plan (IRP) call for extensive new investments and upgrades to infrastructure, including C$1.7 billion per year over the next 10 years on capital improvements. However, it is unclear whether plans for BC Hydro’s Site C, a long-proposed 1,100-megawatts (MW) project on the Peace River, will be approved or the development of substantial gas reserves through the construction of electricity-intensive LNG export facilities will occur.

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