EN17(2) New Electricity from Clean Energy

Percentage

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

The B.C. Government's Energy Plan defines B.C. Clean Energy as alternative energy technologies that result in a net environmental improvement relative to existing energy production. Examples may include hydro, wind, solar, photovoltaic, geothermal, tidal, wave and biomass energy, as well as some cogeneration of heat and power, and energy from landfill gas and municipal solid waste that meet the B.C Clean Energy guidelines, fuel cells and efficiency improvements at existing facilities. For BC Hydro this means commitments made after November 2002 for new green or clean energy projects, or energy-efficiency improvements at existing facilities that were committed to after that date. The Clean Energy Target of 50 per cent of new supply is to be achieved over a 10-year period.

Since the establishment of the clean energy target in 2002, all energy acquired has been B.C. Clean, the percentage figure represents the actual volume of B.C. clean energy that has come on line or on the grid in that current year against the incremental load for that same year. The annual results will fluctuate with the amount of incremental demand over F2003 levels, and the timing, volume and type of actual supply delivered. Since F2003, there has been a significant increase in our demand due to economic activity. To meet increasing demand, BC Hydro has been importing energy into the province that is not considered to be B.C. Clean under the terms of this definition, therefore, our actual percentage of clean energy is lower than target. In addition, there has been attrition in the volume of B.C. Clean energy delivered relative to that contracted. BC Hydro is in the progress of developing an appropriate strategy for meeting the target over the remaining reporting period.