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Plutonic Receives $73 million in Federal Funding |
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Written by Bob Broughton
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Tuesday, 24 February 2009 12:09 |
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The provincial government turns over BC's rivers to multinationals, and the federal government helps finance it. Plutonic Power has received a $73 million dollar "incentive" from the federal government for its Toba Montrose project. The grant, under the federal EcoENERGY program gives Plutonic power $10 for each MWh produced for 10 years. The grant was established to "encourage the production of... low-impact renewable energy sources.” Here's the press release from Plutonic Power: Plutonic Power Corporation Signs ecoENERGY Agreement for Funding of the East Toba River Montrose Creek Run-of-River Project |
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Last Updated on Tuesday, 24 February 2009 12:17 |
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Written by Bob Broughton
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Friday, 25 April 2008 04:15 |
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Ledcor, a private global company owned by West Vancouver's Ledy family, appears to be seeking some liquidity by moving a few renewable energy assets, BC Rivers, to Innergex, a Quebec stock marketer. Innergex press release: Innergex Renewable Energy to Acquire Rights to Develop 200 MW of Hydro Projects in BC.
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Private River Power Draws Diverse Foes |
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Written by Bob Broughton
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Wednesday, 20 February 2008 04:30 |
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Story by Colleen Kimmett in TheTyee.ca: Private River Power Draws Diverse Foes
Excerpt: "Jeremy McCall, executive director of the Outdoor Recreation Council of B.C. says he imagines public input on the Pinecone Burke proposal will be 'deafening.'"
There are extensive comments on this article. |
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Power Play: The Theft of BC's Rivers |
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Written by Bob Broughton
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Wednesday, 06 February 2008 08:23 |
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 Watch this new "must see" documentary by Damien Gillis on the privatization of BC's rivers and public power utility.
Click here to view the video. |
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Last Updated on Wednesday, 06 August 2008 13:23 |
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The Drive for Clean Energy Sparks a B.C. Gold Rush |
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Written by Bob Broughton
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Thursday, 10 January 2008 09:09 |
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An article by Jeannine Mitchell in the Nov. 29, 2007 Georgia Straight:
The drive for clean energy sparks a B.C. gold rush. It's about Plutonic Power Corp.'s proposed projects in the Toba Inlet.
Excerpt: "Plutonic founder and CEO Donald McInnes seems taken aback by criticism of run-of-river hydroelectricity, including that contained in recent articles in the Georgia Straight... 'Fear-mongering' is McInnes's answer to reports that B.C.'s run-of-river projects lack oversight." |
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Last Updated on Thursday, 10 January 2008 09:15 |
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Company Asking to Run Transmission Line Through Pinecone Burke Provincial Park |
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Written by Bob Broughton
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Thursday, 03 January 2008 19:59 |
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Northwest Cascade Power Ltd., a subsidiary of Run of River Power Inc., has submitted a park boundary adjustment proposal to allow for a 230-kilovolt transmission line measuring 4.6 km long by 30 metres wide through Pinecone Burke Provincial Park.
Article by Larry Pynn in the Vancouver Sun: Company asking to run transmission line through Pinecone Burke Provincial Park
(PDF) (Link to original article) |
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Last Updated on Friday, 04 January 2008 09:21 |
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Run-of-River Power Projects Concealed by a Green Curtain |
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Written by Bob Broughton
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Thursday, 03 January 2008 10:36 |
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An op-ed piece by Craig Orr of the Watershed Watch Salmon Society published in the Vancouver Sun: Run-of-river power projects concealed by a green curtain (PDF; click here for direct link to article).
Excerpt: "B.C. refuses to consider a planning process that would measure or manage the cumulative impacts of these projects, or that would ensure development spares sensitive areas with high environmental, cultural and social values." |
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Last Updated on Thursday, 03 January 2008 10:42 |
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BC Government Answers First Nations |
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Written by Tom Rankin
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Thursday, 22 November 2007 01:10 |
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Richard Neufeld, Minister of Energy of BC responded to the First Nations call for a moratorium on hundreds of private river power projects in BC by instructing the public Crown Corporation BC Hydro to issue an open call for private power at a price close to twenty times the cost of power at public dams with a "no quota" budget. The current "budget" in long term public obligation to pay for newly created private power is almost $30b. It is anyone's guess what the new "no quota " budget will add to public costs. All financial arrangements with the private operator of BC Hydro are confidential and beyond Freedom of Information Act Legislation.
2003 Accenture Consulting outsourcing agreement with BC Hydro |
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Last Updated on Thursday, 22 November 2007 06:20 |
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Vancouver Sun exposes 75% Electricity Rate Increases over the upcoming deacde |
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Written by Bob Broughton
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Wednesday, 21 November 2007 17:43 |
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Adding to the 11.5% increase in residential electric rates announced last month is news of a 75% increase in residential rates over the next ten years in Scott Simpson's article in the Vancouver Sun: The estimated cost of hydro self-sufficiency: annual 7.5% rate hike for a decade. (PDF) Excerpt: "BC Hydro will have to boost electricity rates at least 7.5 per cent each year for the next decade in order to satisfy British Columbia's goals of electricity self-sufficiency and green power, according to a private sector study obtained by The Vancouver Sun." |
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Last Updated on Thursday, 22 November 2007 02:16 |
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John Calvert on CBC Almanac |
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Written by Bob Broughton
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Wednesday, 14 November 2007 10:01 |
 Dr. John Calvert, Associate Professor at Simon Fraser University and author of Liquid Gold: Privatization, Power and Water in British Columbia, was on the CBC Radio program Almanac on Nov. 14. You can listen to this interview by clicking here. |
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Last Updated on Tuesday, 20 November 2007 11:56 |
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