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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.

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