B.C. to build $6.6 billion dam
The 900megawatt W.A.C. Bennett Dam project near Hudsons Hope is expected to create 35,000 direct and indirect jobs by the time it is completed in 2020, The Vancouver Sun reported. It has yet to pass required environmental assessments and could face court challenges, as well, the newspaper said.
Campbell said in a release the dam will produce clean, renewable and affordable power and will ensure that British Columbia has reliable sources of clean electricity while contributing to our goal of electricity selfsufficiency.
Related News
It's CHEAP but not necessarily easy: Crosbie introduces PCs' Newfoundland electricity rate reduction strategy
ST. JOHNS - Newfoundland and Labrador PC Leader Ches Crosbie says Muskrat Falls won't drive up electricity rates, if he's elected premier.
According to Crosbie, who presented the party's Crosbie Hydro Energy Action Plan — acronym CHEAP — at a press conference Monday, $575.4 million is needed per year in order to keep rates from ballooning past 14.67 cents per kilowatt hour.
Here's where he thinks the money could come from:
- Hydro rates and dividends — $123.4 million
- Export sales — $40.1 million
- Nalcor restructuring — $30 million
- Holyrood savings — $150 million
- Nalcor oil revenue — $231 million …
