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ARTICLE · 22 MARCH 2023

B.C. Hydro's Integrated Resource Plan, EPA Renewals Other Key Developments In B.C.'s Power Sector In 2022

McCarthy Tétrault
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Several developments relating to BC Hydro continue to lay the groundwork for BC's energy future, including the completion of Phase 2 of the province's comprehensive review of the provincial utility...

CanadaEnergy and Natural Resources
Canadian Energy Perspectives
Canadian Energy Perspectives
Rachael Carlson
Rachael Carlson
Alexandra Comber
Alexandra Comber
Maureen Gillis
Maureen Gillis
Genevieve Loxley
Genevieve Loxley
Sven Milelli
Sven Milelli
Dave Nikolejsin
Dave Nikolejsin
Morgan Troke
Morgan Troke
Robin Sirett
Robin Sirett
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This article forms part of our Power Perspectives 2023 publication. Download the full publication here.

Several developments relating to BC Hydro continue to lay the groundwork for BC's energy future, including the completion of Phase 2 of the province's comprehensive review of the provincial utility and the submission by BC Hydro of its first integrated resource plan (IRP) in almost a decade.

While BC Hydro's new IRP works its way through regulatory review, the utility continued to advance construction of its Site C hydroelectric facility (Site C) while reaching an important settlement with litigants challenging the project.

BC Hydro expects to have sufficient energy and capacity until the early 2030s, and accordingly there continues to be no new material procurement opportunities for independent power producers (IPPs) in BC. However, BC Hydro does intend to renew existing electricity purchase agreements (EPAs") for clean or renewable projects set to expire

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