BC Hydro signs major contract for John Hart project
John Hart has provided clean, reliable power to Vancouver Island for 67 years. The facility needs upgrades to ensure seismic safety, continued reliability for power generation and better environmental performance.
The signing is a major milestone for the redevelopment of the project, as it provides the green light for construction. The project will bring many economic benefits to the community of Campbell River, including more jobs. The number of people working at the site will grow to 200 by the end of this year and peak at 340 in 2016.
InPower BC is a special purpose project company in which SNC-Lavalin Group Inc. has 100 per cent interest. SNC-Lavalin will run the project out of its Vancouver office, including working and coordinating with international team members on the specialised design and fabrication of components like generators and turbines.
"I congratulate BC Hydro, SNC-Lavalin and the community of Campbell River on this major milestone. We have worked hard with BC Hydro to introduce a 10-year plan for rates that paves the way for important capital projects like this, while allowing cost reductions in other areas. IÂ’m especially pleased with the economic benefits this project will provide during construction and in the long-term thanks to the clean, reliable energy that will be generated at John Hart," said Bill Bennett, Minister of Energy and Mines.
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VANCOUVER - New cryptocurrency mining businesses in British Columbia are now temporarily banned from being hooked up to BC Hydro’s electrical grid.
The 18-month suspension on new electricity-connection requests is intended to provide the electrical utility and provincial government with the time needed to create a permanent framework for any future additional cryptocurrency mining operations.
Currently, BC Hydro already provides electricity to seven cryptocurrency mining operations, and six more are in advanced stages of being connected to the grid, with a combined total power consumption of 273 megawatts. These existing operations will not be affected by the temporary ban.
The…