BC Hydro

Super cheap electricity

Seattle based writer David Roberts reports on energy matters. Follow his VOLTS newsletter if the subject interests you. Recently Roberts explored the variability of renewable energy. Opponents of wind and solar power rely on this subject to raise objections.

Despite virtually all of the electricity generated by BC Hydro being dispatchable, the public utility has discouraged addition of variable renewable energy (VRE). Roberts says variability is the number one reservation people have about wind and solar:

The podcast What? The sun isn’t always shining?! is available at Volts. Robert’s conversation with Princeton’s Jesse Jenkins covers technical issues but emphasizes that wind and solar are the cheapest sources of electricity and solutions are available to the variability challenge.

From the podcast:

One nation embracing non-destructive sources of energy is Uruguay. It has the highest rate of non-hydro clean energy penetration in Latin America. Wind and solar met 36% of national power demand in 2021.

‘Energy independent’ Uruguay runs on 100% renewables for four straight months

Brazil is another. The nation has received proposals for installation of more than 170 gigawatts of offshore energy:

Global Wind Report 2023

In 2021, the levelized cost of electricity (LCOE) of wind power plants in Brazil amounted to 2¢ (US) per kilowatt-hour. The rest of South America reported a LCOE of approximately 5¢ (US) per kilowatt-hour in 2021.

Keep in mind that electricity produced at Site C will cost upwards of 18¢ per kilowatt-hour. We can’t know the exact number because BC Hydro has not updated the project budget since February 2021. A 2021 report by academics estimated the LCOE of Site C power would be 17.5¢ per KWh, but inflationary pressures on other megaprojects indicate the dam’s almost three-year-old budget estimate will rise substantially.


If you find value in posts and dialogue at IN-SIGHTS.CA, please consider financial support. It is a simple process explained HERE.

Categories: BC Hydro, Energy

Tagged as:

4 replies »

  1. “BC Hydro has not updated the project budget since 2021”.
    Why is that? Perhaps the biggest project in the history of the Province, much larger than the construction of BC Rail, and we haven’t any idea of it’s progress in almost THREE YEARS!
    The MOT gave us WEEKLY progress reports on the status of the Golden Canyon widening project, which incidentally completed ahead of time and on budget! Perhaps we should let MOT replace BC Hydro on future projects?

    Liked by 1 person

    • Politicians disclose good news quickly and delay bad news as long as possible. Years of silence about Site C is revealing. I suspect we won’t have honest reporting on the megaproject’s cost for another year, which will be after the 2024 BC election. Under both Liberals and NDP, BC Hydro has a long history of shading truth and avoiding transparency.

      Like

      • “As of June 30, 2023, the total project forecast remains at the $16 billion estimate, and is expected to achieve the in-service date of 2025.” – Page 10, BC Hydro and Power Authority 2023/24 First Quarter Report.

        Click to access bchydro-f24-q1-report.pdf

        As of November 03, 2023, this ratepayer is reaching for the cupboard where copious grains of salt are stored.

        Like

Leave a Reply to Lew Edwardson Cancel reply

Your email address will not be published. Required fields are marked *