Comments on: The Gordon Campbell Legacy for Natural Resource Policy in British Columbia http://greenpolicyprof.org/wordpress/?p=523 George Hoberg -- Seeking insights into governance for sustainability Sat, 20 Aug 2016 14:35:43 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Frank W Baumann http://greenpolicyprof.org/wordpress/?p=523&cpage=1#comment-3368 Frank W Baumann Sat, 19 May 2012 19:56:48 +0000 http://greenpolicyprof.org/wordpress/?p=523#comment-3368 Hugh's comment on the Mid-Columbia price of electricity quoted by Bloomberg is misleading. The Mid-Columbia price represents the wholesale price of electricity for customers who are largely other utilities. The electricity is delivered at a very high voltage and the utility buying it is then responsible for any additional costs associated with supplying that energy to their own retail customers. By the time the power is actually delivered to consumers, the cost is much higher- probably in the $100 to $150/Mwh range. I submit that the current price paid to IPP's in B.C. is much less than the cost of B.C. Hydro developing new power generation in B.C. Hugh’s comment on the Mid-Columbia price of electricity quoted by Bloomberg is misleading. The Mid-Columbia price represents the wholesale price of electricity for customers who are largely other utilities. The electricity is delivered at a very high voltage and the utility buying it is then responsible for any additional costs associated with supplying that energy to their own retail customers. By the time the power is actually delivered to consumers, the cost is much higher- probably in the $100 to $150/Mwh range. I submit that the current price paid to IPP’s in B.C. is much less than the cost of B.C. Hydro developing new power generation in B.C.

]]> By: Hugh http://greenpolicyprof.org/wordpress/?p=523&cpage=1#comment-1857 Hugh Thu, 10 Mar 2011 19:33:17 +0000 http://greenpolicyprof.org/wordpress/?p=523#comment-1857 The Mid-C price today (Mar. 10, 2011) is $9.79/MWh. I was told that BC Hydro will pay up to $150/MWh for power from bioenergy plants in BC. This is 14 times the current Mid-C price. My understanding is that Mid-C comes from mostly clean hydro power. The Mid-C price today (Mar. 10, 2011) is $9.79/MWh.

I was told that BC Hydro will pay up to $150/MWh for power from bioenergy plants in BC. This is 14 times the current Mid-C price. My understanding is that Mid-C comes from mostly clean hydro power.

]]> By: Hugh http://greenpolicyprof.org/wordpress/?p=523&cpage=1#comment-1854 Hugh Tue, 08 Mar 2011 17:53:12 +0000 http://greenpolicyprof.org/wordpress/?p=523#comment-1854 The Clean Energy Act forces BC Hydro to have power surpluses every year, even in low-water years. BC Hydro is forced into buying power from new IPP projects at an average of $100/MWh. A power surplus means BC Hydro will be exporting, most likely into the U.S. The Mid-C (NW U.S.) price for firm electricity today (Mar. 8, 2011) is $18.57/MWh. Does this mean BC Hydro is exporting power for less than 1/5 of what it pays the IPP for it? Isn't that a problem? http://www.bloomberg.com/energy/ The Clean Energy Act forces BC Hydro to have power surpluses every year, even in low-water years.
BC Hydro is forced into buying power from new IPP projects at an average of $100/MWh.
A power surplus means BC Hydro will be exporting, most likely into the U.S.
The Mid-C (NW U.S.) price for firm electricity today (Mar. 8, 2011) is $18.57/MWh.
Does this mean BC Hydro is exporting power for less than 1/5 of what it pays the IPP for it?
Isn’t that a problem?

http://www.bloomberg.com/energy/

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