Twitter bits
The final item may present a clue to the current state of British Columbia's energy market. It's hard to believe we came to this only through the sheer stupidity of…
BC Hydro
News from the echo chamber
Columnist Vaughn Palmer reports concerns expressed by Moody’s Investors Service about growing BC Hydro debt. The agency stated the obvious, which is that numerous capital projects are adding billions to…
News from the echo chamber
Columnist Vaughn Palmer reports concerns expressed by Moody’s Investors Service about growing BC Hydro debt. The agency stated the obvious, which is that numerous capital projects are adding billions to…
News from the echo chamber
Columnist Vaughn Palmer reports concerns expressed by Moody’s Investors Service about growing BC Hydro debt. The agency stated the obvious, which is that numerous capital projects are adding billions to…
Heart of our economy gets ignored
When government is captured by people pursuing fortunes in real estate development and resource exploitation, the interests of all others become secondary. When the bubble bursts, when phantom markets collapse,…
Heart of our economy gets ignored
When government is captured by people pursuing fortunes in real estate development and resource exploitation, the interests of all others become secondary. When the bubble bursts, when phantom markets collapse,…
Heart of our economy gets ignored
When government is captured by people pursuing fortunes in real estate development and resource exploitation, the interests of all others become secondary. When the bubble bursts, when phantom markets collapse,…
What’s good for the BC Liberals may not be good for BC Hydro
An article by Dermod Travis of Integrity BC. First published February 15, 2016, repeated here with permission.One of the last things anyone would ever imagine the B.C. government doing is…
What’s good for the BC Liberals may not be good for BC Hydro
An article by Dermod Travis of Integrity BC. First published February 15, 2016, repeated here with permission. One of the last things anyone would ever imagine the B.C. government doing…
What’s good for the BC Liberals may not be good for BC Hydro
An article by Dermod Travis of Integrity BC. First published February 15, 2016, repeated here with permission.One of the last things anyone would ever imagine the B.C. government doing is…
What’s wrong with this picture?
What's really wrong is that BC Hydro has been spending billions on new capacity but producing less power. Demand has not grown since 2005 but purchases from IPPs rose 108%…
What’s wrong with this picture?
What’s really wrong is that BC Hydro has been spending billions on new capacity but producing less power. Demand has not grown since 2005 but purchases from IPPs, between FY…
What’s wrong with this picture?
What's really wrong is that BC Hydro has been spending billions on new capacity but producing less power. Demand has not grown since 2005 but purchases from IPPs, between FY…
March 23 with Jessop of CFAX1070
The audio file below is a recording of my time on CFAX1070 with Ian Jessop March 23, 2016. We talk of BC Hydro and deceitful government.Your browser does not support…
Twenty years ago…
In 1996, BC Hydro was a company with total assets of $12.1 billion, delivering 42,834 GWh of electricity to BC's residential, commercial and industrial users.Ten years later, BC Hydro had…
Appearance of profit, when there is none
BC Hydro has been announcing profits each year and that enables it to pay a dividend to the province, although it has to borrow the money to make the transfer.…
Erik Andersen on BC Hydro debt
This devastating information from Erik Andersen, an economist and widely recognized expert on government and Crown Corporation financing:You will note the unbelievable increase in BC Hydro's debt since Christy Clark…
Takin’ care of business, part x
As consumers, we are told that Canadian retail prices must be set above American because the costs of operation are higher north of the 49th parallel. For that reason, cars…
Takin’ care of business
#BCHydro buys a GWh of power from IPPs at $91,380 and exports a GWh at $34,920. Save IPPs the bother and the loss. #bcpoli— Norm Farrell (@Norm_Farrell) March 12, 2016According…
Guaranteed injury to BC taxpayers
BC Hydro is in a quandary.Premier Clark's Government requires the utility purchase increasing amounts from independent power producers. However, consumers of electricity, particularly residential and commercial users - the only…