Percentage

	F2004	F2005	F2006	F2007	F2008
Target	50%	50%	50%	19%	TBD
Actual	52%	36%	21%	17%

The B.C. Government's Energy Plan defines BC Clean Energy as alternative energy technologies that result in a net environmental improvement relative to existing energy production. Examples include hydro, wind, solar, photovoltaic, geothermal, tidal, wave and biomass, as well as some cogeneration from heat and power, energy from landfill gas and municipal solid waste that meet the B.C. Clean Electricity guidelines and fuel cells and efficiency improvements at existing facilities. For BC Hydro this means projects that are built in B.C. and represent supply commitments made after November 2002, or energy efficiency improvements at existing facilities that were committed to after that date. The Clean Energy target of 50 per cent of incremental load (which is essentially new supply requirements) is to be achieved over a 10-year period, beginning in fiscal 2003 and ending in fiscal 2013.

Fiscal 2007 performance results are below target as we continue to experience Commercial Operation Date (COD) delays for four projects (Berkey Creek, Cypress Creek, Hunter Creek and Pierce Creek.) Since fiscal 2003 there has been a significant increase in our demand due to economic activity. In addition, there has been attrition in the volume of BC Clean Energy delivered relative to that contracted. Had the attrition rate been lower for IPPs coming on-line, BC Hydro would have imported less energy for domestic needs and our actual percentage would have been closer to target.

Note: The release of the Energy Plan Update on February 28, 2007, changed the 50 per cent clean electricity target to 90 per cent and changed the way it has been historically characterized. It appears that the 90 per cent clean target is referring to all existing BC Hydro generation rather than simply incremental generation and that the target is no longer tied to the load growth at any given year. This is a fundamental change from the way the previous 50 per cent clean electricity target was characterized and reported. Clarification of the new 90 per cent target and how it is to be characterized will be obtained from government and reported in BC Hydro's next Service Plan in 2007.