Friday 4 October 2019

Summerland Solar just one more example of misinformed and misguided public money wasted



This comes under the heading of we are all in it together.  All residents of BC are shareholders of BC Hydro whose legacy dams make power for 3.45c/kWh.

The Ken Davidson report "Zapped" tells the story of IPP waste caused by a previous government and policy that required BC Hydro to buy IPP power at full or more retail cost, particularly ROR (run of river) power that BC Hydro didn't need, it was all earned from spring runoff when every hydro reservoir and lake was overflowing and spilling.  Yet BCH was required to buy this ROR power at obscene full retail rates or more with inflation while spilling their legacy dam power made for around 3c/kWh.   These contracts will cost us billions in the next decades.


Summerland solar sold to the grid has the same value as the ROR IPP power, ZERO$$ and lost income from otherwise BCH legacy dam waterpower.



No comments:

Post a Comment