BC Ready for Gold Rush, Schwarzenegger Says PDF Print E-mail
Written by Scott Simpson   
Friday, 01 June 2007 06:40

from the Vancouver Sun

see California Eager to Strike Relationships With Green Companies

California's determination to slash greenhouse gas emissions is touching off a "new gold rush" worth tens of billions of dollars

for companies taking a stake in the booming green energy sector, Gov. Arnold Schwarzenegger said on Thursday at an economic summit in Vancouver...

[at the end of the article it says]

One of the exhibitors at the summit, Donald McInnes, believes independent power producers will benefit from California's appetite for green electricity.

"One of the reasons for this initiative is to help California meet its needs," said McInnes, president of Plutonic Power, an independent green electricity producer that has several power sales agreements with BC Hydro - and plans to seek more.

"I'm excited because B.C. Hydro has the ability to contract with us and other renewable power developers and package our product, green electricity, into a better product for California.

"For the California utilities to come up here and try to do a deal with 40 different companies like Plutonic, well, the logistics of it would be unbearable.

Last Updated on Saturday, 02 June 2007 13:24