No one doubts that in coming decades, demand will grow, partly fueled by electric vehicles. But that growth will be more modest than claimed by BC Hydro’s agents. It could be easily met by conservation and efficiency programs, upgrades to existing facilities and creation of clean, non destructive renewable sources.
Gwen and I raised three adult children in North Vancouver. Each lives in our community with seven grandchildren, 12 years and younger. I have worked in accounting and financial management and publish IN-SIGHTS.CA with news and commentary about public issuesv.
Unfortunately, politicians and senior bureaucrats have grown used to paying massive sums to compensate for callous acts and derelictions of duty. Moral behaviour and financial prudence would have them doing the right things in the first place…
Stop, go, yes, no! NDP Cabinet Minister Murray Rankin wants to be on both sides of a vital issue. He congratulates University of Victoria students for partial success after an eight-year campaign asking the university to adopt responsible investment policies that exclude fossil fuels. Yet, Rankin sits at the Cabinet table of a government making massive investments for the benefit fossil fuel producers.
Harry Swain, having served as chair of the federal-provincial review panel for Site C, is qualified to provide a project analysis. The BC NDP caucus should pay attention because Premier Horgan has mishandled Site C at every step. Doing the right thing now involves Premier and Cabinet admitting to a years long series of blunders. That’s not likely to happen without severe pressure from their enablers…
Politicians like John Horgan understand the value of scholarly prescriptions for leadership but their actions are tempered by a preference for secrecy and political expediency and the need to reward patrons that helped obtain office. The primary objective of most political leaders is to maintain power.
Future BC Hydro ratepayers will be paying excessive rates for electricity and BC Hydro financial statements have been distorted by non-standard accounting methods. These allowed the provincial government to direct payments of dividends funded by borrowing, not by real profits of the utility. But other failures and mismanagement at BC Hydro are apparent…
You can safely bet politicians and bureaucrats use the latest computers and communication devices and regularly view high-definition smart TVs that replaced smaller screens weighing one or two hundred pounds. Despite knowing about short lifespans in the world of high-tech, decision makers have not used their modern tools to learn how energy technologies have shifted radically as well.
Never has the government of British Columbia stood behind a larger megaproject than the Site C hydropower project. Never have more falsehoods been used to justify BC Hydro operations and the spending of tens of billions of dollars.
While British Columbia has policies to prevent additions of solar power to the provincial power grid, Germany has been moving forward on this form of renewable electricity. It should be noted that the centre of Germany is at a latitude similar to that of Kamloops…
In the last 28 days, British Columbia has reported half the number of new Covid-19 cases as Alberta. Yet during those four weeks, more people in BC have died from coronavirus than in AB…
Long time United States Senator Charles Grassley is an Iowa Republican and chairman of the Senate Finance Committee. He joined with retiring Democratic Senator Tom Udall to state a position that current BC NDP members ought to heed.
Subsidizing natural gas production by ending industry payments for rights and royalties, while the government is also offering billions in electricity subsidies is indefensible. But the most serious issue is the environmental effect, on the ground and in the atmosphere.
Beginning in Premier Gordon Campbell’s term as BC Premier, natural gas producers lobbied mightily for reductions in the public share of revenue derived from exploiting the natural resource. BC Liberals were receptive to the idea. Surprisingly, when the formerly centre-left New Democrats came to power, they accelerated the reductions.
Most people are educated by BC Hydro’s dishonest claims about demand growth. So, when they read a report that domestic sales have been flat for 15 years, they tend to be doubtful. Today, an In-Sights reader who works in the trades sent a message. It shows one example of modern technology affecting electric utility demand.
An In-Sights reader identifies the true winners in British Columbia’s October 24 election.
In a few words, over a 15 year span, total annual revenues (what we have paid as customers) have increased by 100% , over the same period and with inclusion of contract obligations the total capital deployed more than doubled but customer needs ( as represented by volume of annual sales measured in gigawatt-hours) remained unchanged.
While natural gas producers now pay nothing to the BC public in comparison to earlier days, production of the fossil fuel has about doubled in the last ten years. Fossil fuels may pose an existential threat to the world, but politicians in Canada are either unaware or indifferent. Evidence suggests the latter.
A comedian says he speaks as his “least popular character, Sacha Baron Cohen.”
It is easy to conclude why Premier John Horgan ignored BC’s established pattern of general elections every four years. The BC NDP was riding high in the polls but a threat to that popularity was looming. A threat not known to the general public…
My conversation about BC Hydro with Chris Cook for CFUV 101.9 FM radio in Victoria. Chris regularly addresses issues not well covered by corporate media. BC Hydro’s difficulties definitely fit in that category.