BC Hydro / Alcan EPA

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BC Hydro supplied with surplus Alcan power through 2034

On Sept. 5, 2007, BC Hydro filed with the BC Utilities Commission (BCUC) the 2007 Electricity Purchase Agreement (EPA) [PDF, 4.7 Mb]  with Alcan to provide BC Hydro with surplus energy from the Kitimat, B.C., company’s Kemano hydroelectric power plant through 2034.

"This agreement provides us with access to clean, affordable energy which will benefit our customers and help achieve the province's goal of electricity self-sufficiency by 2016," said Bob Elton, President and CEO of BC Hydro.

The 2007 EPA replaces last year's agreement with Alcan, which was rejected by the BCUC.

"The 2007 EPA meets all of the concerns previously expressed by the BCUC by delivering lower contracted prices, a longer term contract, and an increase in capacity and scheduling services," added Elton.

Highlights of the 2007 EPA include:

• A contract with a reliable supplier (Alcan) from which BC Hydro has successfully acquired power for more than 25 years.
• A long-term agreement which extends to 2034 (10 years beyond the previous agreement).
• Power delivered at fixed prices, which reduces BC Hydro's exposure to market price volatility.
• The maximum expected hourly scheduled capacity (compared to the 2006 agreement).

2007 Energy Purchase Agreement Report September 21, 2007

• BC Hydro/Alcan 2007 EPA Report [PDF, 13.7 Mb]

Workshop September 12, 2007

• BC Hydro Workshop Presentation [PDF, 386 Kb]
• Alcan Workshop Presentation [PDF, 1.7 Mb]

Electricity Purchase Agreement September 5, 2007

• BC Hydro/Alcan 2007 EPA [PDF, 4.7 Mb]