BC Hydro Annual Report
In the fiscal year ended March 31, to its residential, commercial and industrial customers, BC Hydro sold 1.6% less electricity than in the previous year. The volume in 2019-2020 was…
BC Hydro
Energy policy undermined by special interests
Difficulty justifying billions of dollars spent to meet a need that has not existed is no real problem for people who benefit from the expenditures. After years of arguing falsely…
Population change, economic growth and electricity consumption
It seems logical that a growing population and an expanding economy would need greater supplies of electricity. But de-industrialization and lighting, motor and other efficiencies changed the proposition. Reality over…
Good advice ignored
More than ten years ago, economist Erik Andersen and famed commentator Rafe Mair warned that BC Liberals had planted seeds of destruction in the bowels of BC Hydro. Indeed, the…
Errors and alternatives
Three years ago, John Horgan’s Government promised the 2017 upward budget revision for Site C would be firm, final and effectively managed. Three years before that, Liberal Energy Minister Bill…
Site C losses will be massive
With domestic demand in 2020 below that of 2005, the lies of BC Hydro’s spin doctors about demand growth are exposed by the company’s audited sales numbers. Site C power…
Sarah Cox on CO-OP RADIO
Co-op Radio’s interview with Sarah Cox, the preeminent journalist covering issues surrounding British Columbia’s effort to ensure that NL’s Muskrat Falls is only the second worst hydro-electric project in Canada.
Site C: Government failure to safeguard the public interest
That Ralston, Horgan and colleagues knew about cost pressures and risks three years ago and chose to proceed shows the NDP wholly owns this fiasco. Had Site C been stopped…
The idea that Site C has gone past the point of no return is a falsehood.
Dear Carole James and Nina, COVID 19 is not the most crucial issue. The idea that Site C has gone past the point of no return is a falsehood. We…
Private profits but public risks – Updated
Commercialization of small-scale nuclear power has turned out to be far more difficult than investors expected a decade ago. Even one of the world’s richest entrepreneurs cannot finance a multi-billion-dollar…
Don’t blame COVID-19 for new Site C dam cost overruns and delays, energy experts say
BC Hydro has classified the health of the most expensive public project in B.C. history as ‘red,’ blaming the pandemic for Site C’s deepening woes, but significant problems had emerged…
Site C Is Now Priceless!
August 3, 2020 | By Ken Boon On Friday July 31st, the BC Government finally revealed just how bad things are with the Site C dam. Of course…
Absolute disregard for transparency and accountability.
Had BC Hydro executives chosen to, the annual report and financials could have been released one to two months ago. Much of the report is boiler plate that is substantially…
Simple facts about BC Hydro
Despite flat electricity demand since 2005, BC Hydro increased dollar value of IPP purchases by 185%, added 17% to its own generating capacity and bumped total assets from 12 to…
Billions lost – bad luck, incompetence or fraud?
Electricity ratepayers, mostly residents and small to medium sized businesses, suffer because of failures by politicians and major media. The public was badly informed and that has enabled losses that…
BC Hydro, provider of social and corporate welfare
The $12 billion utility delivered more power to its BC residential and business consumers in calendar year 2005 than the now $38 billion utility delivered in 2019…
Our BC Hydro bills subsidize fossil fuel industries
You will find evidence at In-Sights proving government policies and subsidies have cut public revenue from petroleum and natural gas producers to a tiny fraction of what it once was.…
Fighting climate change with slash and burn
Right now they’re destroying two amazing landmarks on the river, tall rock pillars called “The Gates” in an attempt to cut a channel of the river off and use the…
Death spiral
Unless major changes occur at BC’s public utility—something the Horgan Government seems determined to avoid—the 60-year-old company’s death spiral will advance.
BC Hydro’s long-standing culture of deception
Serious storm clouds lie ahead. The only customers that create positive cash flow for BC Hydro are the residential, light industrial and commercial consumers. Political commitments have been made to…