TSXV:NKW.H - Post by User
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BayWallon Nov 28, 2024 8:40pm
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BC Hydro imports 25% of electricity
BC Hydro imports 25% of electricity New numbers show BC Hydro imported a record amount of electricity over the last 12 months.
According to documents filed with the B.C. Utilities Commission, BC Hydro imported 13,600 gigawatt hours of electricity in fiscal year 2024, at a cost of nearly $1.4 billion.
"It's very disturbing that British Columbia's now relying on 25 per cent of our electricity to come from outside the province," Barry Penner with the Energy Futures Institute told Global News.
Much of the power came from the U.S. and Alberta, where it was generated by burning fossil fuels.
The Energy Futures Institute said BC Hydro needs to ramp up power production as demand is forecast to keep climbing.
(Global News. November 28, 2024).