You Don’t Have to Sell BC Hydro to Give it Away
by
Dr. Marvin Shaffer
Consulting Economist
specialized in
energy, transportation and environmental economics
and
Adjunct Professor
SFU Public Policy Program
at
Policy Note
Posts
Potato Sugar and Potato Candy.
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I have no idea whether or not sugar is derived from potatoes on any
commercial scale anywhere in the world in this modern era, but it was an
intriguing id...
22 minutes ago
Dr. Shaffer mentions the cost of IPP power to BC Hydro at over $1 billion. One of the comments said $31 billion. I believe that Hydro's IPP contracts (EPAs) are currently for over $1 billion per year. Not all of these projects are in operation yet.
ReplyDeleteThese EPA contracts are for up to 40 years. So, after 30 years, that's over $30 billion. That doesn't include new contracts. That's over $30 billion down the drain. What if BC Hydro invested that money into its own facilities, and conservation efforts?