Tag: BC Hydro

This item, contributed by a reader, comments upon BC Hydro now offering a ten to fifteen billion dollar commitment to private power producers. This continues Gordon Campbell’s aim of twenty years ago: PRIVATIZATION BY STEALTH.

After forecasting 40 percent growth over 20 years, BC Hydro has been spending billions of dollars. But the utility’s sales to residential, commercial and industrial customers in calendar year 2023 were a mere one percent higher than in 2007.

Repeated here is something I wrote about BC Hydro in early 2017 for The Common Sense Canadian, an online journal covering Canada’s economy and environment. The site was co-founded by Damien Gillis and the late Rafe Mair and ran for a decade. It remains a worthwhile archive of several thousand

Years ago, Rafe Mair wrote that W.A.C. Bennett, if he were alive in 2009, would have been a member of the NDP, in those days a party firmly positioned on the left. Although he railed theatrically against socialists throughout his political career, Bennett knew that public ownership of near-monopolies was

BC Hydro has often said that demand for electricity in this region is growing at a rate of 40 percent in 20 years. The company claims population increases result in greater consumption of electricity and vested interests tell us the utility must commit to major spending to serve the province.

In 2018, BC Hydro began discouraging the production of solar power in British Columbia. Customers with solar panels had been allowed a two-way connection to the grid. When they fed surplus electricity to the utility, credits were recorded. If credits were not used to buy electricity from BC Hydro within

So, who has been responsible for strategic misrepresentation that has damaged BC Hydro? Responsible Ministers and MLAs are driven by love of megaprojects, but they may also have experienced the Dunning-Kruger effect. They were educated by deceptive executives and experts who expected to earn material sums as BC Hydro expanded.

BC Hydro’s own numbers provide evidence that increased demand by domestic consumers over 20 years was less than one-third of that predicted and was double covered by the utility’s purchases from private power producers. But those facts did not stop the empire-builders from expanding their empire.

Today, charts about BC Hydro showing information that ought to alarm citizens of British Columbia. It will not of course, because corporate media does not bother to report meaningful data about the province’s largest crown corporation. Despite their continuous claims that demand was growing by 40 percent over 20 years,

Economist Erik Andersen emails an informal newsletter offering opinions, sometimes about how organizations and individuals use political influence to extract wealth from the public. He gave an example that was bad by itself but set the stage for secret private power contracts worth more than $60 billion despite expansion of

BC Hydro recently released its first quarter results for the fiscal year ending March 2024. The report covered three months in 2023: April, May and June. It is worth looking at the changes at British Columbia’s public utility since June 2007.