British Columbia’s $6-Billion Hydropower Fix Will Address Capacity and Seismic Issues
BC Hydro, the state-owned electric utility in British Columbia and Canada’s third-largest power company, is investing more than $6 billion to upgrade its transmission, generation and distribution systems, the firm announced late last month. The Burnaby, British Columbia-based utility has under way or is about to begin more than a dozen major capital projects throughout the province, including an upgrade to the 105-MW Ruskin hydroelectric plant near Vancouver.
The project, valued between $718 million and $857 million, is set for completion in 2018. BC Hydro supplies power to 95% of residents in the province.