Letter writer Doug Morrison has a lot of misperceptions in his letter; I'll address a few. He claims that private power (IPP) is being bought by BC Hydro at three times market value, presumably referring to cheap "spot" power.
IPP power will of course cost more than that from BC Hydro facilities built decades ago, but is comparable or cheaper than new or expanded BCH facilities such as Abercrombie.
IPP costs more than "spot" electricity bought on the open market; this spot power is usually coal-based, not the clean and green power B.C. seeks by policy. In addition, we have no contractual right to that spot power longterm, hence lacking the long-term security Mr. Morrison seeks.
He incorrectly claims that private power does not contribute to energy security, apparently missing the point that IPPs are contracted to and can only sell power to BC Hydro - only BC Hydro, not the IPP, can export if they wish.
By John Hunter, Vancouver Sun
Source: www.vancouversun.com
IPP power will of course cost more than that from BC Hydro facilities built decades ago, but is comparable or cheaper than new or expanded BCH facilities such as Abercrombie.
IPP costs more than "spot" electricity bought on the open market; this spot power is usually coal-based, not the clean and green power B.C. seeks by policy. In addition, we have no contractual right to that spot power longterm, hence lacking the long-term security Mr. Morrison seeks.
He incorrectly claims that private power does not contribute to energy security, apparently missing the point that IPPs are contracted to and can only sell power to BC Hydro - only BC Hydro, not the IPP, can export if they wish.
By John Hunter, Vancouver Sun
Source: www.vancouversun.com
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