2001 Triple Bottom Line Report - BC Hydro

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• OFFSETS INVESTMENTS – We are investing in projects to mitigate GHG emissions at our facilities by lowering, avoiding or capturing and storing emissions at another source. Last year we pledged to offset 50 per cent of the increase in GHG emissions from two new gas-fired generating facilities on Vancouver Island through 2010. • SF6 MANAGEMENT – A program was initiated in 1999 to track sulphur hexafluoride (SF6 ) losses from equipment. Each time SF6 is used from a cylinder, the bottle is weighed and we record which piece of equipment receives the gas. The system produced its first data in 2000 – an estimate that total losses for the year were approximately 357 kilograms, or 3.25 per cent of the amount of SF6 in inventory. Plans are underway to reduce this leakage. S U S T A I N A B I L I T Y A C T I O N P L A N I N I T I A T I V E G H G M I T I G A T I O N A key part of our strategy to limit growth of GHG emissions from our electrical system involves investing in projects that “offset” emissions in one place by lowering, avoiding or capturing and storing emissions at another source. This year we pledged to offset 50 per cent of the net increase in emissions from the two new natural gas-fired generating E N V I R O N M E N T A L B O T T O M L I N E | 5 1 1500 1000 500 0 RESOURCE SMART ENERGY GAINS GW . h/a 95/96 96/97 97/98 98/99 99/00 FISCAL YEAR Energy Gains New Energy Gains from prior years facilities on Vancouver Island. Our commitment includes offsetting 300 000 tonnes annually from the Island Cogeneration Project in Campbell River, scheduled to be in service in 2001, and 350 000 tonnes annually from the proposed Port Alberni Generating Plant, planned to be in service by 2004.
G R E E N E N E R G Y Becoming a sustainable energy company will require us to produce more electricity from sources that are renewable, have low environmental impact, are generated in a socially responsible manner and are licensable. These green sources will help us meet future growth in demand for electricity. G R E E N E N E R G Y A C Q U I S I T I O N As part of our goal of deploying cleaner energy sources to meet growth in demand for electricity, BC Hydro is committed to developing new generation with zero or minimal GHG emissions. In 2000 we pledged to acquire enough green energy to serve at least 10 per cent of our new load by 2010. Our voluntary 10 per cent target is expected to be met in the short term through purchase agreements with independent power producers who generate electricity using proven green technologies such as small hydro and biomass. In the longer term, we will seek opportunities to develop other technologies MANAGING IMPACTS GREEN ENERGY ECO-EFFICIENCY that can provide reliable, cost-effective and environmentally responsible power to our customers. Last year we invited power developers in B.C. to submit proposals for new generation projects to deliver green energy to our electricity grid. Discussions produced one firm agreement to date, involving up to 100 gigawatt-hours of electricity a year from a 25-megawatt small hydro facility near Pemberton. Construction of the plant is to begin this spring, with the first electricity delivered to our system in the spring of 2003. E N V I R O N M E N T A L B O T T O M L I N E | 5 2
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2001 Triple Bottom Line Report - BC Hydro

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