Estimates too conservative both in BC and QuebecA lot of industrial electricity needed, both in BC and Quebec. I wonder if multiple First Nations could participate in a large project, even though the project may not necessarily be on their territory.
Hydrogen is the talk, but possible LNG Phase 2 and the others will need electricity also. I would like to see scale projects above 200MW cap to addressed must like in Quebec. Maybe negotiated deals (outside a power call) could be done. Gives offshore wind projects a chance, which require scale to secure economies of scale and cost savings.
Juergen Puetter, a wind power pioneer and CEO of Aeolis Wind Power, is guardedly optimistic over the latest power call, though he believes BC Hydro is being too conservative and may have to revise its load forecast upwards. "We also expect BC Hydro will revise their requirements for energy upward quite considerably.
As of the date of the workshop, BC Hydro has had more than 5,000 megawatts of project inquiries in the hydrogen space.
Site C dam’s capacity is 1,100 megawatts, so if all the proposed green hydrogen projects were in fact approved, BC Hydro might need a whole lot more power than it currently expects to build.
Why wind power will dominate B.C.’s next power call - Business in Vancouver (biv.com)
A positve note:
AltaGas Ltd. ("AltaGas") (TSX: ALA) and Royal Vopak ("Vopak") (XAMS: VPK) (together the "Joint Venture", "Partners" or "Partnership") are pleased to announce a positive final investment decision (FID) on the Ridley Island Energy Export Facility (REEF), a large-scale liquefied petroleum gas (LPG) and bulk liquids terminal with rail, logistics and marine infrastructure on Ridley Island, British Columbia, Canada.
In subsequent phases, the Joint Venture will have the option to progress evaluation work on fuels of the future, such as hydrogen, which has growing customer interest in Asia, particularly Japan and South Korea. The Joint Venture has strong core competencies in this area with Vopak offering one of the preeminent third-party hydrogen storage platforms globally, with multiple terminals in operation across several countries. Through this deep experience, the Partners will consider participation in hydrogen exports from Canada.
Alta Gas (May 29, 2024)