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Pipelines, energy and natural resources

  • Thread starter Thread starter QV
  • Start date Start date
Who knew? Unicorn farts have no gigajoules ;)

B.C. Hydro in negotiations to buy gas-fired plant in Campbell River​

The Island Generation plant is a source of power for the Island when demand for energy spikes during long periods of heat and cold.

B.C. Hydro is in negotiations to acquire a natural-gas fired electricity plant in Campbell River that helps supply the Vancouver Island grid during extreme weather events.

The potential deal with Edmonton-based Capital Power, which owns the 275-megawatt Island Generation facility, comes as the utility forecasts escalating electricity demands, and waits for ambitious wind and solar projects to be built by 2030, as mandated under the province’s Clean Energy Act.

B.C. Hydro said in a statement that it has a “strategic interest” in Island Generation as it plans for future capacity needs, and that acquiring the plant would allow it to continue using an “existing, well‑located asset to meet those needs in a practical and cost-effective way.”

It did not provide any further detail, saying only that negotiations are ongoing and “commercially sensitive.”

B.C. Hydro’s acquisition of the plant would be good news for Campbell River Mayor Kermit Dahl, who has been advocating for the utility to buy or extend the contract with the facility so his city can attract new industries and jobs.

 
Deadline extended to comment on proposed changes to speed up the major projects approval sausage machine ...
... with this from the info-machine itself:
Quelle surprise.
 
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