Thursday February 9,
Liberals Need A Reality Check
Government failed miserably on BC Hydro self sufficiency
Released by the BC NDP
B.C. Liberals have undermined B.C. Hydro with a range of
wrong-headed energy policies designed to benefit large corporations
and Liberal donors, at the public's expense. Liberal mismanagement
has led to billions of dollars hidden away in dozens of deferral
accounts at B.C. Hydro, while the B.C. Utilities Commission remains
sidelined on billions more in capital spending, from independent
power production to smart meters.
The Liberal's Failure On Electricity Self-Sufficiency:
The Clean Energy
Act put into law the requirement for B.C. Hydro to become
electricity self-sufficient, defined by a 50-year drought water
level, plus a massive insurance requirement of an additional
3000 GWh. This policy has been a major driver of the Liberals'
push towards buying high-cost power from Independent Power
that the definition of self-sufficiency would be changed is an
astonishing admission of failure by the Liberals.
Other policies, such
as restricting B.C. Hydro from building its own new sources of
power, and eliminating communities' right to be consulted on
power projects in their region, along with reckless programs
like the billion-dollar smart meter roll-out, continue to weaken
our public utility.
The Liberals want to
have their cake and eat it too: while relaxing self-sufficiency
requirements, they plan to maintain the need to purchase power
from private producers by claiming it will be used to fuel new
LNG plants on the Northwest coast, despite the fact that
intermittent power from run-of-river and wind is virtually
useless without firm power sources, such as B.C.'s heritage
The Liberals have
forced B.C. Hydro to rack up $45 billion in contractual
obligations, primarily to IPPs. The Liberals have accused New
Democrats of planning to tear up those contracts, which is
The Liberals refuse to
admit the costs of their mismanagement of B.C. Hydro, which is why
they have sidelined the independent public oversight of the B.C.
Utilities Commission. New Democrats have consistently made it clear
that B.C. Hydro must have a renewed mandate for a leading role in
B.C.'s electricity delivery and development, and the oversight of
the BCUC must be restored.
It's time the Liberals admit to the mess they've made at B.C. Hydro,
and start cleaning it up.
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