2001 Triple Bottom Line Report - BC Hydro
2001 Triple Bottom Line Report - BC Hydro
2001 Triple Bottom Line Report - BC Hydro
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N E W B U S I N E S S<br />
O P P O R T U N I T I E S<br />
Tremendous business opportunities are arising for <strong>BC</strong> <strong>Hydro</strong> as a result of new technologies, continuing utility industry deregulation, and<br />
our desire to help customers benefit from changing market conditions. The new products and services we develop expand our growth<br />
potential and increase the economic health of <strong>BC</strong> <strong>Hydro</strong>, boosting our financial capacity to act on behalf of each of our three bottom lines.<br />
B U S I N E S S D I V E R S I T Y<br />
Deregulation of Canada’s energy industry has prompted us to<br />
examine how we do business, both within B.C. and outside our<br />
borders, and to examine ways to protect our market base by<br />
providing additional value to customers. We are gaining new<br />
W A T E R A N D W A S T E W A T E R C E N T R E<br />
<strong>BC</strong> <strong>Hydro</strong>’s Water and Wastewater Centre was repositioned last<br />
year to become a key source of knowledge, expertise and<br />
technologies to safeguard water quality for human use.<br />
Opened in 1998 as a reference point to pioneer innovative<br />
processes that use electricity to treat water, the centre has since<br />
relocated to our Powertech Labs facility. It now enjoys access<br />
to eighteen laboratories to directly evaluate, test and verify<br />
technologies for application to water and wastewater treatment.<br />
With the move to Powertech, the Water and Wastewater Centre<br />
was refocused to develop into a profitable and sustainable business<br />
that can grow into a leadership position in water treatment and<br />
testing. Long-term benefits are expected to include improved<br />
E C O N O M I C B O T T O M L I N E | 6 8<br />
FINANCIAL EFFICIENCY<br />
AND PRODUCTIVITY<br />
CUSTOMER VALUE<br />
NEW BUSINESS OPPORTUNITIES<br />
business, and protecting and building the loyalty of existing<br />
customers, by encouraging innovation and flexibility that<br />
produce more choice and better solutions in the marketplace.<br />
public health protection, building local communities of<br />
technological expertise, and healthy financial returns to <strong>BC</strong> <strong>Hydro</strong>.<br />
The centre now draws on the resources of other <strong>BC</strong> <strong>Hydro</strong> divisions<br />
to provide integrated solutions to customers. The emphasis<br />
is on developing cost-effective, socially responsible and<br />
environmentally acceptable commercial technologies, including<br />
both intellectual properties and marketing rights.<br />
Last year the centre shared an award for engineering excellence,<br />
with the City of Kamloops, for work to assess different filtration<br />
membranes used to treat water from the South Thompson River.<br />
The award from the Consulting Engineers of B.C. covered the<br />
pilot project phase of feasibility studies for a large-scale treatment<br />
plant for Kamloops.