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.
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U.S. power demand seen sliding 1% in 2023 on milder weather
WASHINGTON - U.S. power consumption is expected to slip about 1% in 2023 from the previous year as milder weather slows usage from the record high hit in 2022, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO).
EIA projected that electricity demand is on track to slide to 4,000 billion kilowatt-hours (kWh) in 2023 from a historic high of 4,048 billion kilowatt-hours (kWh) in 2022, before rising to 4,062 billion kWh in 2024 as economic growth ramps up.
Less demand coupled with more electricity generation from cheap renewable power sources and lower natural gas prices is forecast…