BC Hydro Annual Report 2001
BC Hydro Annual Report 2001
BC Hydro Annual Report 2001
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A D D I N G G A S T O T H E E N E R G Y M I X<br />
Unfortunately, new green energy sources are not yet financially<br />
viable on a large scale. So we had to find a cost-effective and<br />
reliable way to meet the province’s energy demands in the<br />
short term. Natural gas, the cleanest burning of all fossil fuels,<br />
is currently the best fit. We view it as a “bridge” to the future,<br />
where more green energy technologies will be added to the mix.<br />
<strong>BC</strong> <strong>Hydro</strong> is participating in a 50-50 joint venture agreement<br />
to build a 260-megawatt natural gas-fired plant in Port Alberni.<br />
We have also agreed to buy power from an independent 250megawatt<br />
natural gas generating plant in Campbell River.<br />
S H A R I N G A W E A L T H O F W A T E R<br />
Finding a balance between protecting our environment<br />
and supplying reliable, low-cost electricity is not always easy.<br />
As the province’s largest electricity company, <strong>BC</strong> <strong>Hydro</strong> is paying<br />
close attention to the environmental and social implications<br />
of our operations.<br />
Recognizing that water is a shared resource, <strong>BC</strong> <strong>Hydro</strong> continues<br />
to work with interested parties to find a better balance between<br />
competing uses of water that is socially, environmentally and<br />
economically acceptable to British Columbians. Water Use<br />
Planning ensures that water uses such as hydroelectric,<br />
To increase gas transportation capacity to Vancouver Island, a<br />
partnership has been formed with Williams Gas Pipeline Company<br />
to build a natural gas pipeline that will run from the state of<br />
Washington to the Island.<br />
Energy demand in the future may well be met through wind, solar,<br />
tidal or geothermal power. We are closely watching developments<br />
in these areas. We are also investing in research and development<br />
of new distributed resources such as microturbines and fuel cells.<br />
industrial, recreational, community, flood management and<br />
fish habitat are considered when reviewing facility operations.<br />
Over the next three years we will continue to develop Water<br />
Use Plans for all our hydroelectric facilities. Plans for Stave<br />
Falls/Ruskin and Alouette are already complete; currently in<br />
progress are plans for Ash River, Bridge River, Campbell River,<br />
Cheakamus, Coquitlam/Buntzen, Jordan River, Peace, Shuswap,<br />
Wahleach and Mica/Revelstoke/Keenleyside.<br />
RECOGNIZING THAT WATER IS A SHARED<br />
RESOURCE, WE ARE WORKING TO FIND<br />
A BETTER BALANCE BETWEEN COMPETING<br />
USES THAT IS SOCIALLY, ENVIRONMENTALLY<br />
AND ECONOMICALLY ACCEPTABLE.