Electricity demand in B.C. expected to increase by 15% by 2030
B.C. will need more green energy sooner than expected, prompting an historic call for power by the provincial Crown corporation that supplies almost all British Columbians with electricity.
BC Hydro expects to issue the call in spring 2024 for the additional power to be available as early as 2028. Premier David Eby framed the coming call for power as a response to climate change and as an economic opportunity during a news conference Thursday morning.“As we face the threat of a record fire season across Canada, the need to switch to clean power to fight climate change has never felt more urgent,” he said.
BC Hydro and the provincial government will design the call following consultations with First Nations, industry and stakeholders. O’Riley added he expects the share of independent power producers supplying BC Hydro to exceed 25 per cent. The mix of power would also change with solar and wind power complementing power generated through hydro-electricity, ultimately leading to lower prices.A new task force will also provide additional advice.
The province also announced that it is putting $140 million toward the B.C Indigenous Clean Energy Initiative to support Indigenous-led power projects that may otherwise not be competitive due to their smaller size.
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