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ARTICLE · 02 MARCH 2022

Power Perspectives 2022 - British Columbia Regional Overview

McCarthy Tétrault
McCarthy Tétrault
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In 2021, several long-awaited developments occurred that will lay the groundwork for BC's energy future. With the completion of Phase 2 of its comprehensive review of BC Hydro and the release...

CanadaEnergy and Natural Resources
Canadian Energy Perspectives
Canadian Energy Perspectives
Alexandra Comber
Alexandra Comber
Maureen Gillis
Maureen Gillis
Genevieve Loxley
Genevieve Loxley
Sven Milelli
Sven Milelli
Erin O’Callaghan
Erin O’Callaghan
Morgan Troke
Morgan Troke
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In 2021, several long-awaited developments occurred that will lay the groundwork for BC's energy future. With the completion of Phase 2 of its comprehensive review of BC Hydro and the release of its CleanBC Roadmap to 2030, the province has signalled its core energy priorities and outlined key measures to achieve them. Meanwhile, the submission by BC Hydro of a new integrated resources plan—its first in almost a decade— sheds new light on the province's anticipated load-resource profile and implications for market participants, including independent power producers (IPPs).

COMPREHENSIVE REVIEW OF BC HYDRO

The BC government and BC Hydro released recommendations from Phase 2 of the Comprehensive Review of BC Hydro (Phase 2 Review) initiated in 2018. With a mandate to evaluate broad, transformational changes that are likely to impact the energy sector in coming years, and guided by input from a panel of external energy-industry experts, the Phase 2 Review focused

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