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ARTICLE · 29 JUNE 2023

What To Expect From BC Hydro's New Clean Power Call

Fasken
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On June 15, 2023, BC Hydro announced a call for new sources of renewable, emission-free electricity to power British Columbia's clean economy.

CanadaEnergy and Natural Resources
Ron Ezekiel
Ron Ezekiel
Amy Carruthers
Amy Carruthers
Kai Alderson
Kai Alderson
Fergus McDonnell
Fergus McDonnell
Sutheeksan (Dixon) Sunthoram
Sutheeksan (Dixon) Sunthoram
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On June 15, 2023, BC Hydro announced a call for new sources of renewable, emission-free electricity to power British Columbia's clean economy. BC Hydro also filed an update to its 2021 Integrated Resource Plan ("IRP"), updating its 20-year strategy for meeting the future electricity needs of its customers.

This bulletin explores what is to be expected from BC Hydro's call for energy in the context of the IRP.

Why is BC Hydro seeking more clean energy?

BC Hydro now expects that the province will need new sources of clean energy by 2030 due to evolving consumer preferences, including the increasing demand for electric vehicles. Demand is also expected to grow among industry consumers, in particular within the forestry, liquified natural gas ("LNG"), and mining sectors.

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