BC Hydro sees green power supply deals soon

This entry was posted on Tuesday, January 26th, 2010 and is filed under BC Hydro, Industry News.

BC Hydro official expects first contract awards shortly

* Award process delayed since last summer
* Some small companies depend on contracts for survival

VANCOUVER, British Columbia, Jan 26 (Reuters) - Long-term power contracts are expected to be awarded shortly to small clean energy producers in British Columbia, an official at the Canadian province’s main power utility said on Tuesday, as the industry despaired at how long the process was taking.

“I expect that we would have a first tranche of awards in the ‘Clean Power Call’ very shortly,” said Cam Matheson, director of energy planning at BC Hydro.

“I am not going to promise a date because I think we need to be out of that game of promising dates. I think people will be quite pleased with what we’ve got in the near future,” Matheson told Reuters on the sidelines of a power conference in Vancouver.

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