• BC Hydro and Power Authority plans a $3.4-billion capital spending program to renew and upgrade hydroelectric dams and electricity infrastructure. A revenue requirements application (RRA) for fiscal 2009 and 2010 has been filed with the British Columbia Utilities Commission (BCUC). The RRA outlines the capital work to renew and upgrade hydroelectric infrastructure that will be required over the next couple of years. The RRA will require the approval of the BCUC and will be subject to a public hearing in the summer of 2008.
  • TransAlta has announced plans to spend approximately $115 million to design, build and operate a 66 MW wind power project in southern Alberta. The wind farm will include 22, 3 MW turbines, providing an annual average of 195,000 MW hours per year. Commercial operations are expected to commence in the last quarter of 2009.
  • Enbridge will lead a group of 19 energy industry participants in the Alberta Saline Aquifer Project (ASAP), which aims to develop a long term carbon capture and storage (CC&S) project. The first project of its kind in Canada, ASAP will play a major role in advancing practical knowledge and experience with carbon dioxide (CO2) sequestration. ASAP will be rolled out in three phases, with the first phase involving the identification of suitable locations to develop long term CC&S (storage). The first phase is expected to be completed by the end of 2008. Later phases involve a pilot project during which sequestration sites will be designed to receive injected CO2, and the expansion of the project to a large scale, long term commercial sequestration operation. Other ASAP participants are: ATCO Power Canada Ltd.; BP Canada Energy Company; Chevron Canada Resources; Canada Resources Corp; EnCana Corporation; GreatPoint Energy Inc.; Hatch Energy; Laricina Energy Ltd.; Norwest Corporation; OPTI Canada Inc.; Pembina Pipeline Corporation; Penn West Energy Trust; Praxair Canada Inc.; Quadrise Canada Corporation; Schlumberger Carbon Services; TransCanada Corporation; and UTS Energy Corporation.
  • EPCOR plans to develop a giant wind energy project in the Tumbler Ridge area of northeastern British Columbia. The Quality Wind Project will result in the erection of between 60 and 120 turbines, potentially producing 100-200 MW of power. EPCOR has not yet revealed the cost associated with the project. EPCOR's plans for now are to engage in the environmental review process that could lead to approval of the project, and it hopes to complete the project in about 18 months time.