Map of proposed and existing run-of-river licences via IPP Watch
The Province : Private power sources 'not in the public interest'
"A bombshell ruling by the B.C. Utilities Commission ... refused to endorse Hydro's long-term call for 3,000 gigawatts of power from public and independent power producers (IPPs) because it was not "in the public interest."Power to export to the US, he did not need to add, which anyway is looking much less likely to be able to afford it.
In other words, the commission shot down government claims that the province needs more power, NDP energy critic John Horgan told The Province."
G&M : Green Premier's agenda hits snag as energy plan rejected
"Some analysts say the ruling – which shocked the government and the stock market – indicates B.C. has been over-estimating the amount of power the province needs in order to justify the development of independent power projects."from which BC Hydro is contracted to buy power we don't need at far more than market price and at a time of year when the BC dams are full to overflowing anyway.
So, utility watchdog does good? Maybe.
However ... because there always has to be a however...
"Energy Minister Blair Lekstrom says the government is preparing a swift response to the ruling, and possibly a legal challenge.which was predicted in the Wall Street Journal, who further note the new strategic advantage of Plutonic Power :
Since the ruling, IPP investors have fled a budding industry that was valued at up to $14 billion after the May 12 election, analysts say.
Lekstrom admitted that IPPs are worried that Victoria's plans will change, but he insists they won't."
Analysts Say Outcome Of B.C. Clean-Power Call Unclear
" Analysts say green-power producers hoping to build new projects in British Columbia could still see some projects go forward, despite a ruling from the B.C. Utilities Commission that many thought put the future of clean power in the province in doubt.
BC Hydro could move forward with a modified plan, awarding some contracts to clean-power producers but reducing the number of awards. He said this scenario would likely favor smaller projects, and could require some intervention from the B.C. government.
... if BC Hydro moves forward with a reduced set of awards for smaller projects, it could help developers such as Plutonic Power, Innergex Renewable Energy Inc. (INE.T) and Canadian Hydro Developers Inc. (KHD.T) because each submitted some bids for smaller projects. "
Really? Flashback :
List of Key Liberal Insiders Hired by Private Power Developers
- Patrick Kinsella, Co-chair of 2001 and 2005 BC Liberal provincial campaigns - has consulted for Alcan, Accenture and now Plutonic Power. Alleged to have worked for both CN and BC Rail as BC Rail was being sold to CN.
- Tom Syer, former deputy chief of staff to Gordon Campbell, now a director at Plutonic Power/GE.
- David Cyr, former Assistant to BC Liberal Minister Mike de Jong, now a director at Plutonic Power/GE.
- Robert Poore, recently worked under the Provincial Revenue Minister of the Province of BC, now a senior director at Plutonic Power/GE.
- Bill Irwin, after holding key positions in the BC Ministries of Land and Water, and Crown Lands, now a director at Plutonic Power/GE.
- Mark Grant, former executive director of the BC Liberal Party now with Rupert Peace Power.
- Bruce Young, has held several high profile positions with the BC Liberal party and lobbied his own party on behalf of Katabatic Power is listed as a director of Atla Energy.
Plus 13 others in a list left in comments here on April 19 by Racheal11 and picked up 2 months later by The Province. benefitting from $30-billion in contracts to produce private power while BC Hydro is prohibited from generating any new energy sources.
This is a complicated story in many layers with a lot more yet to unfold.
I'll be watching RossK.
BC Citizens for Public Power : "First, the Energy Plan fabricates an energy crisis in BC; next private power is erroneously portrayed as synonymous with green energy and, by extension, most viable solution for BC’s energy shortage and the fight against climate change."