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BC Hydro’s Green Energy Initiatives

BC Hydro’s Green Energy Initiatives. Jim Scouras, Strategy Manager Green & Alternative Energy Division. Green Energy - Outline. Overview of BC Hydro’s green energy objectives Approaches we are taking to meet our goals The link between green programs and sustainability.

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BC Hydro’s Green Energy Initiatives

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  1. BC Hydro’s Green Energy Initiatives Jim Scouras, Strategy Manager Green & Alternative Energy Division

  2. Green Energy - Outline • Overview of BC Hydro’s green energy objectives • Approaches we are taking to meet our goals • The link between green programs and sustainability

  3. BC Hydro’s Green Energy Objectives • Acquire a credible, low-cost green generation portfolio that meets corporate acquisition targets and market demand for green energy • Become a national leader in advancing green energy

  4. Green Power Objectives Approach: Production Wholesale Retail • Near-commercial projects • Competitive acquisition process with private sector • Green Power Certificates

  5. Green Programs: Production Near-commercial projects • Goal to develop near-commercial technologies to enable and incubate new green deployment and investment • Wind mapping, modelling and monitoring • Green energy demo project on Vancouver Island • Community Energy Planning pilots with First Nations communities • Resource studies of green energy potential in BC -- Phase 1: Vancouver Island; Phase 2: rest of BC

  6. Green Programs: Production New Wind Monitoring Tower on Monarch Mountain (Atlin)

  7. Green Programs: Production Demonstration Project • Will assess the following energy resources: • Wind • Small/micro hydro • Wave • Sited on Vancouver Island • Demand crunch in BC will occur here first • Phase 1 study had positive preliminary results • JV Partners • Wave - Energetech and Ocean Power Delivery • Wind - AXOR

  8. Green Programs: Wholesale Competitive acquisition process • BC Hydro has a target to obtain a minimum of 10% of new load growth from new green sources • Goal to acquire “commercial” green through Independent Power Producers (IPPs) • Small hydro with some biomass and landfill gas • First call in 2001 - contracts signed with IPPs for 23 projects; combined potential output: 980 GWh/year • Second call: to be issued October 2002; 800 GWh/year cap

  9. Green Programs: Wholesale Hystad green small hydro IPP project

  10. Green Programs: Wholesale 2002 Green Call process will involve: • Standard term contract • Mechanism to ensure portfolio diversity • Competitive pricing • Working with IPPs that sign Energy Purchase Agreement to ensure projects meet BC Hydro's green criteria • Holding dialogue with IPPs to identify useful and practical improvements going forward to streamline processes and lower transaction costs

  11. Green Programs: Retail Green Power Certificates • Goal to create market-driven demand for additional green energy development in BC • Piloting sale of Power Smart Green Power Certificates to business customers • Premium product that helps purchasers meet environmental goals and build a competitive edge • Represents the environmental and social benefits associated with green electricity, separated from the actual electrons

  12. Green Power Diagram

  13. Green Programs: Retail Green Power Certificates • 100% made-in-BC electricity generated from qualified green sources and purchased from facilities built and operated by IPPs • Launched in September 2002 with 20 charter purchasers, including: VanCity Savings Credit Union, Vancouver 2010 Bid Corporation, Fisheries and Oceans Canada, GVRD, two municipalities, Canada Place Corporation, and several private companies, including Prism Engineering and Flagel Lewandowski Ltd.

  14. Green Energy Supports Sustainability • Environment: • GHG-free resource in post-Kyoto times • Smaller environmental footprint • Social: • Reflect community values • Economic: • Supporting growth of green domestic and trade markets • Driving future investment and development opportunities

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