In British Columbia (BC), the provincial utility, BC Hydro, has released draft terms and conditions for a program of standard offer contracts for buying output from clean energy projects. CEO Bob Elton says it will provide a streamlined process for small scale producers who want to sell power to the utility. "We're offering a standard contract with set prices and a straightforward administrative process, and this will give smaller scale projects the opportunity to contribute to BC's supply of clean electricity," he says. Eligible projects include those that use proven technologies that have been available on the market for at least three years and have a nameplate capacity between 500 kW and 10 MW. They must employ clean, renewable or high efficiency co-generation technology. The standard offer contract will provide a base price that ranges from C$65/MWh to C$79/MWh, depending on where the project is located in the province. The price will be adjusted for inflation and for the time of day and month when the energy is delivered, with projects producing during high load hours and winter months receiving more. An additional payment of C$3.05/MWh will be made for projects that receive Canada's EcoLogo or other environmental certification. The utility plans to submit an application to the BC Utilities Commission in October for approval of the program.
Have you registered with us yet?
Register now to enjoy more articles and free email bulletins.