BC Hydro is working with its pulp and paper customers to identify win-win opportunities that will result in customers securing funding under the federal government's new Green Transformation Program and BC Hydro securing new cost effective energy efficiency savings and clean electricity generation.
Introduced in June 2009, Natural Resources Canada's Pulp and Paper Green Transformation Program supports innovation and investment in areas such as energy efficiency and renewable energy production technologies. Up to $1 billion has been set aside to assist pulp and paper producers, eight of whom are BC Hydro's customers.
Recognizing that its many Power Smart incentives and calls for power can be complex and difficult to navigate with many points of contact, BC Hydro is taking an "integrated offer" approach with eligible pulp and paper customers. The integrated offer will capitalize on the synergies presented when energy efficiency savings and electricity generation opportunities are considered together. Because program funding applications are due this fall, BC Hydro has assigned a team of experts to each customer to help them inventory all potential energy efficiency, demand response and power generation opportunities and identify those that may be of mutual interest.
While it's premature to estimate how much cost effective energy efficiency savings or clean electricity generation could result, BC Hydro's goal is to present offers to each customer this fall that result in projects that are good for B.C.'s pulp and paper industry, good for B.C.'s energy future, and good for rate payers.
BC Hydro's timeline is influenced by the timeline published by Natural Resources Canada. BC Hydro's goal is to reach agreements with eligible Pulp and Paper customers through fall 2009.
For more information on BC Hydro's Integrated Power Offer (IPO) for Pulp and Paper Customers, please contact your Key Account Manager or the IPO Administrator.
Pulp and Paper Green Transformation ProgramOn June 17, 2009, Natural Resources Canada (NRCan) announced the "Pulp and Paper Green Transformation Program" aimed at supporting innovation and investment in areas offering demonstrable environmental benefits, such as energy efficiency and renewable energy production. Up to $1 billion has been set aside for capital projects related to enhanced energy efficiency, renewable energy production, and other environmental benefits. For further information on the Federal Government's program, which is being administered by Natural Resources Canada, please visit Pulp and Paper Green Transformation Program. |
For more information please contact your Key Account Manager or the IPO Administrator.
Last Modified: Oct 9, 2009