B.C. announces 9 new wind projects to power equivalent of 500,000 homes
CBC
British Columbia has given the green light to nine wind energy projects that it says will boost the province's hydroelectric grid by eight percent a year, providing almost 5,000 gigawatt hours of energy annually, or enough to power 500,000 homes.
That number is roughly equivalent to the power projected to be generated by the Site C dam, which recently started feeding power into B.C.'s electrical grid at a construction cost of $16 billion.
B.C. Hydro, the province's Crown utility, selected the wind power projects following a strong response to its call for new renewable power-generation operations, Premier David Eby said at a news conference.
The development and construction will generate between $5 billion and $6 billion in private spending on the projects, four of which will be located in the B.C. Interior, four in the North and one on Vancouver Island, said the premier.
"We need more electricity," Eby said, adding the prospect of more people, more jobs and more companies in B.C. will mean an increased need for clean, renewable energy.
"We also want companies to switch away from polluting fuels that can add to climate change," he said. "To put it all together, we need a lot more juice, and that's what this announcement is about."
The projects are slated for completion by 2031 at the latest, and eight of them have a 51 per cent Indigenous equity ownership, he said.
The partner First Nations for the projects are the Upper Nicola Band, Lower Nicola Indian Band, Ashcroft Indian Band and Westbank First Nation in the southern Interior, the Lheidli T'enneh First Nation, Stellate'en First Nation, Western Moberly First Nation and the Saulteau First Nation in the north and the Wei Wai Kum First Nation on Vancouver Island.
The power supply announcement comes as B.C. is seeing increased demand for power both for personal use, such as for electric vehicles and heat pumps, and for major industrial projects, such as LNG export facilities in northwest B.C.
It also comes as the Business Council of B.C. issued a report outlining concerns about the province's economic future due to a potential decline in private sector investment and the completion of megaprojects like the Site C hydroelectric dam.
The council's report said B.C. faces an "economic plateau," and with no large projects scheduled, the province's outlook remains uncertain.
"Where will B.C.'s economic growth come from is the question we're asking," said the report's co-author Ken Peacock, the business council's chief economist, in a statement. "We need a stronger private sector, but unfortunately, investment and hiring in B.C.'s private sector appear weak."
Peacock said the report called for swift action as Canada's trade relationships become more volatile, particularly with potential United States policies, which could include tariffs on imports from Canada and Mexico.
Eby said the business council report was released on the day B.C. was making an announcement that would contribute greatly to the future of the province as an economic generator and a clean-power leader.
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