Wednesday, April 17, 2024

BC Hydro issues rare Call for Power; Seeks Clean, Renewable Sources

 BC Hydro officially announced a call for power (CFP).  Specifically, a call for clean ad affordable power.

According to the Crown Corporation, "Following months of engagement with the independent power industry, First Nations and stakeholders, BC Hydro has issued a request for proposals (RFP) to acquire approximately 3,000 gigawatt hours per year (GWh/y) of electricity. This is BC Hydro’s first competitive call for power in 15 years and will add 5% to its current supply, providing enough clean electricity to power 270,000 homes or approximately one million electric vehicles per year.


The development and construction of new clean-energy projects in response to the call for power will generate an estimated $2.3 billion to $3.6 billion in private capital spending throughout the province and create approximately 800 to 1,500 jobs on average annually."

Those inclined to answer the call can find out more at https://www.bchydro.com/work-with-us/selling-clean-energy/2024-call-for-power.html?utm_source=direct&utm_medium=redirect&utm_content=2024callforpower#:~:text=Questions%20and%20answers-,About%20the%20Call,energy%20to%20meet%20future%20needs.