2015 Resource Options Update
In 2015, we updated cost and technical information for the following generation options: wood-based biomass, municipal solid waste, onshore wind, run-of-river, natural gas-fired generation, geothermal, wave, tidal and solar. For the rest of the generation options we updated costs to account for inflation.
Updating our inventory through industry engagement and utility collaboration
Our technical staff collected and reviewed new data – with input and feedback from industry experts, consultants, and others with technical expertise – to ensure the information was accurate and up to date. Learn more about the resource characterization engagement process that took place in 2014 and 2015 by viewing the Technical Engagement Summary Report, or the specific meeting notes and presentations.
For this process, we collaborated with FortisBC on this shared inventory dataset. A shared dataset supports our respective planning processes, and creates efficiencies as well as consistency during review processes.
Results of the inventory update
An overview of the 2015 update is available in the Results Summary. The costs presented ($2,015) were estimated at the point of interconnection.
For the first (lowest cost) ~5,000 GWh of resources, we also calculated the adjusted unit energy cost to show the cost of delivering this energy to the Lower Mainland. This ~5,000 GWh of resources was determined to be onshore wind, of which the weighted average Unit Energy Cost at the Point of Interconnection is about $80/MWh. The adjustments required to arrive at the cost of this energy delivered to the Lower Mainland ($100/MWh) are provided in this document [PDF, 19 KB].
View the results summary document below, as well as the documents related to the engagement process.
|Resource Option Characterization|
|Technical Engagement Summary
|Scoping of Technical Issues||Meetings||May to July 2014|
|Geothermal||Meeting #1||July 17, 2015|
|Geoscience BC Report: An Assessment of the Economic Viability of Selected Geothermal Resources in British Columbia (Revised)||March 31, 2016||
|Natural Gas-Fired Generation||Consultant Report: 2015 Thermal Generation Options Assessment||June 13, 2015||
|Run-of-River||Meeting #1||March 2, 2015|
|Meeting #2||July 6, 2015|
|Consultant Report: Run-of-River Hydroelectric Potential
for British Columbia – Summary of 2015 Updates
|July 10, 2015||
|Small Storage Hydro||New in 2018 – Consultant Report: Small Storage Hydroelectric Resource Options Study Report||July 12, 2018||
|Solar||Meeting #1||March 25, 2015|
|Meeting #2||June 29, 2015|
|Consultant Report: British Columbia Solar Market Update 2015||June 24, 2015||
|Wind||Meeting #1||September 12, 2014|
|Meeting #2||December 15, 2014|
|Meeting #3||May 5, 2015|
|Meeting #4||June 3, 2015|
|Consultant Report: Wind Project Cost Review||May 19, 2015||
|Updated in 2018 – Consultant Report: Wind Project Cost Review||August 22, 2018||
|Wood-Based Biomass||Meeting #1||March 31, 2015
|Meeting #2||July 2, 2015|
|Consultant Report: Bioenergy Projects Technology Review||July 22, 2015
|Consultant Report: Wood Based Biomass in British Columbia and its Potential for New Electricity Generation||July 2015||
|Updated in 2018 – Consultant Report: Wood Based Biomass in British Columbia and its Potential for New Electricity Generation||March 2018||
|Wind Integration||Technical Review Committee Meeting||April 1, 2015|